The council members stated that global economic growth has been slowing faster than expected, which has affected Vietnam’s economy, especially in the export sector.
However, they noted that the domestic economy has remained stable with consumption and foreign direct investment posting decent growth and public investment disbursement higher than in the same period of 2018.
The council stated that the monetary policy has been implemented in a flexible manner and in close coordination with fiscal and other policies in order to maintain macroeconomic stability and support growth.
Members of the council suggested that the government should persist in its current policies while keeping abreast of domestic and external changes so as to maintain updated policy measures.
In order to ensure growth and stability, many suggested the government deal with obstacles in the Law on Planning, promptly revise the Law on Public Investment and create funds for small and medium enterprise development.
The council also called for an acceleration of public investment projects and measures to boost private investment.
