Minister of Finance Nguyen Van Thang - Photo: VGP
At the regular Government meeting in June 2025 held on the afternoon of July 3, Minister of Finance Nguyen Van Thang reported the above information and said that economic growth achieved the highest results in nearly 20 years, many targets and indexes on production, business, state budget...
Negotiation results create trust for businesses
According to Mr. Thang, on July 2, the two negotiating delegations of Vietnam and the US agreed on the Vietnam-US Joint Statement on the framework of the reciprocal, fair and balanced trade agreement.
At the same time, General Secretary To Lam had a phone call with US President Donald Trump, affirming the comprehensive strategic partnership between the two countries and continuing to discuss a number of major directions and measures to promote cooperation in various fields, especially key and breakthrough fields such as high-tech science .
"This is an important result in negotiations, creating trust and expectations for businesses," Minister Nguyen Van Thang affirmed.
Along with positive results in the processing and manufacturing industry, it also increased by 10.65%, meeting the set scenario and being one of the few years with double-digit growth in the first 6 months since 2011. Exports in the first 6 months increased by 14.4%, with an estimated trade surplus of 7.63 billion USD.
Realized FDI capital reached over 11.7 billion USD, up 8.1%. The number of enterprises entering and re-entering the market in the first 6 months reached 152,700 enterprises, 20% higher than the number of enterprises withdrawing from the market (127,200 enterprises).
Notably, in June alone, the number of newly registered enterprises reached nearly 24,400, the highest ever, with a total registered capital of nearly 177,000 billion VND, up 60.5% and 21.2% respectively over the same period last year...
Mr. Thang added that on June 30, all 34 localities simultaneously held a ceremony to announce the resolutions and decisions of the Central and local governments on the arrangement of administrative units and the establishment of provincial party committees and local leadership personnel so that the two-level local government apparatus can operate from July 1.
"This is a moment marking a new development stage of the state administrative apparatus, perfecting the institutions and organization of the political system to be synchronous, streamlined, effective and efficient," Mr. Thang commented, adding that the trust and pride of the people and business community have been raised, creating a new momentum to bring the country into a new era.
Many challenges for the economy
However, in the coming time, it is forecasted that the economy will continue to face more challenges; requiring all levels, sectors and localities to be more proactive, drastic and close to complete the assigned tasks.
The Ministry of Finance also analyzed a number of difficulties and challenges such as: The 2025 growth target still has many challenges; the macro economy is still under a lot of pressure, especially in the management of exchange rates and interest rates; Institutional and legal perfection has been directed but there are still problems, not keeping up with development requirements; The lives of a part of the people and workers are still difficult...
Regarding solutions, Mr. Thang emphasized that he will promptly submit to the Government for promulgation and effective implementation of documents; closely monitor the activities of the two-level government, the implementation of regulations on decentralization, delegation of power, and determination of authority, promptly provide guidance and thoroughly remove obstacles.
Continue to promote exports, develop harmonious and sustainable trade with other countries; constantly improve institutions and laws, improve the investment and business environment. Promote traditional growth drivers of investment and domestic consumption and develop new growth drivers.
Source: https://tuoitre.vn/minister-nguyen-van-thang-viet-nam-va-my-da-thong-nhat-tuyen-bo-chung-ve-thue-doi-ung-2025070317404304.htm
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