Develop an economic development program after covid-19 epidemic

​Investment in infrastructure is one of the solutions to promote growth

Striving for growth from 6.5% to 70% after the pandemic.

Currently, the Government is developing a program for economic recovery and development in the post-pandemic period, striving to achieve the growth target in the 2021-2025 period from 6.5% to 7% per year.

The Government opens the economy which is steady and ready with scenarios, options and resources to respond to the outbreaks of disease. Increasing the initiative for enterprises in disease prevention, control and adaptation in order to maintain continuous and stable operations with capacity and cost are suitable for enterprises. Covering the entire population with a Covid-19 vaccine to adapt more safely during the pandemic.

At the seminar on economic recovery, flexible and safe adaption to the Covid-19 pandemic, overcoming economic disruptions and strengthening connections between localities held on October 13, Minister of Planning and Investment Nguyen Chi Dung said, after the overall recovery program, there were programs to restore tourism, stimulate domestic consumption and promote sustainable export; program to recover business; program to develop infrastructure, unleash social investment resources; program to support social security and develop the labor market; program to reform institution, administration, administrative procedures, and improve capacity, operational efficiency of the administrative apparatus, etc.

Regarding this issue, Prime Minister Pham Minh Chinh said that the economic recovery and stimulus programs launched must be large enough, have enough time and suitable for the economic situation. Difficulties are also the opportunities to help Vietnam to develop.

“Opportunities for institutional reform, administrative reform, opportunities for digital transformation, e-commerce, opportunities for greening the economy, green energy transformation, clean energy and resistance to climate change. These are opportunities, not just challenges.” emphasized Prime Minister Pham Minh Chinh.

Dong Nai needs additional capital to develop

Particularly Dong Nai, the main task in the coming time is to effectively implement and control risks in pandemic prevention and control. In particular, focusing on health issues, social security and supporting businesses to recover in the new situation. In addition, the locality is proposed to increase the rate of budget adjustment during the 2022-2025 period from 47% to 49% so that the province has more resources to recover the economy, etc.

“Dong Nai determines that economic recovery is not only for the locality but also has to be associated with the Southeast region and the whole country. Dong Nai is coordinating with localities in the region with the aim of supporting businesses to promote economic development, quickly solve problems and difficulties in labor, circulation and import and export" added Mr. Nguyen Hong Linh, Member of the Party Central Committee, Secretary of the Provincial Party Committee.

In addition to the immediate urgent tasks, Dong Nai is also implementing many large infrastructure projects such as roads, airports, ports, etc. It is very necessary to pay attention to and add more capital to the province to promote public investment. This is also one of the solutions to promote long-term growth.