Committee established to develop proposal on State economic development

Jul 26th at 14:12
26-07-2025 14:12:42+07:00

Committee established to develop proposal on State economic development

The Deputy heads of the Committee include Deputy Prime Minister Nguyễn Chí Dũng (Standing Deputy Head, directly overseeing the development of the proposal), Deputy Prime Minister Hồ Đức Phớc and Minister of Finance Nguyễn Văn Thắng.

PM Phạm Minh Chính will serve as the head of the committee. VGP Photo

Prime Minister Phạm Minh Chính has signed a decision establishing a committee tasked with drafting a proposal on State economic development, with a focus on improving the effectiveness of the State sector. 

Under Decision 1588/QĐ-TTg dated July 24, the PM will serve as head of the committee.

The deputy heads of the committee include Deputy Prime Minister Nguyễn Chí Dũng acting as standing deputy head and directly overseeing the development of the proposal, along with Deputy Prime Minister Hồ Đức Phớc and Minister of Finance Nguyễn Văn Thắng.

The committee is tasked with developing a proposal to develop the State economic sector and improve its efficacy. This proposal will be submitted to the Politburo for the issuance of a resolution on State economy policy.

The steering committee operates on a concurrent appointment basis, following principles of centralised leadership, democratic discussion and transparent deliberation to ensure a unified direction.

The head of the committee presides over meetings as scheduled and may convene extraordinary meetings as needed. Authority may be delegated to a deputy head to chair meetings and make decisions on specific issues under the committee’s mandate.

The Ministry of Finance will serve as the standing agency responsible for coordinating the drafting process. The Minister of Finance, in their capacity as deputy head of the committee, is authorised to establish the drafting team for the proposal. 

Bizhub

- 15:35 25/07/2025





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Standard Chartered revises Việt Nam's growth forecast in 2025

The bank expects growth to slow to 4.9 per cent year-on-year in the second half of 2025, from 7.5 per cent in H1.

Tây Ninh strives for comprehensive economic growth in 2025

Tây Ninh is targeting an annual economic growth rate of 10 per cent for 2025, building on strong gains recorded in the first half of the year.

IFRS adoption relies on leadership mindset

The Economic - Finance Magazine organised an online roundtable on International Financial Reporting Standards (IFRS) on July 24 to discuss the process of converting...

Jump in infrastructure spending offers bright prospects for contractors

The transport infrastructure boom is unlocking strong growth prospects for major construction contractors as massive public investment fuels long-term demand.

Foreign investors hold off on decisions until new US tariffs finalised

The shift in foreign direct investment (FDI) flows into Việt Nam may become clearer after August 1 – the date when the US is set to officially announce its new...

Việt Nam – Singapore trade posts strong growth in H1

Bilateral trade reached S$19.5 billion (US$15.3 billlion) in the first six months, up 28.5 per cent year-on-year, positioning Việt Nam as the city state’s 10th...

Việt Nam’s 2025 GDP growth forecast raised to 7 per cent, highest in ASEAN+3: AMRO

This makes Việt Nam the fastest-growing economy among the ASEAN+3 group, which includes the ten ASEAN countries along with China, Japan and South Korea.

Dutch agree on expansion of initiatives

Vietnam and the Netherlands will further facilitate enterprises of both sides to invest in their respective territories, with bilateral trade continuing its growing...

Việt Nam’s economy to stay resilient despite tariff headwinds: ADB

Việt Nam’s strong export and import growth, along with a surge in foreign investment disbursement, drove economic performance in the first half of 2025.

Legal answers and enhanced competition to suit IP investors

Addressing legal obstacles related to investment and customs procedures for businesses operating in industrial areas will significantly enhance their...


MOST READ


Back To Top