THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
Hanoi, March 10, 2021
On the Government’s regular meeting in February, 2021
Pursuant to the Law on Organization of the Government dated June 19, 2015; the Law Amending and Supplementing a Number of Articles of the Law on Organization of the Government and the Law on Organization of Local Governments dated November 22, 2019;
Pursuant to the Government’s Decree No. 138/2016/ND-CP dated October 01, 2016, promulgating the working regulation of the Government;
Based on the discussion of the delegates and the conclusion of the Prime Minister at the Government’s regular meeting in February 2021, held on March 02, 2021,
1. Regarding the socio-economic conditions in February and the first 2 months of 2021.
The Government unanimously agreed that: Amid COVID-19 outbreak in some localities, in implementing instructions of the Government and the Prime Minister, all levels, branches, and particularly localities focused on implementing many synchronous and drastic measures to prevent and fight the pandemic. At the same time, due attention was paid to policies on social security, social welfare, preparing and ensuring necessary conditions for people to celebrate a happy Tet, especially people with meritorious services to the revolution, the poor, ethnic minorities and people in remote areas, areas affected by natural disasters, storms, floods, and quarantined areas due to the pandemic. Associated with that were efforts to ensure public security, social order, and safety to promote production and business activities. Everyone in the country rejoiced to welcome Tet in an atmosphere full of excitement, happiness, warmth, and safety. With the active, drastic, and timely participation of the entire political system and the business community, as well as the strong consensus, responsive and supportive assistance from everyone in the country, the pandemic had been basically controlled. The socio-economic situation continued to see positive changes and many remarkable achievements. Stable macro-economic conditions were maintained. Inflation was kept under control. The average consumer price index in 02 months decreased by 0.14% over the same period. Balances of central and local budgets were guaranteed. State budget revenue in the first 2 months of 2021 was 21.3% higher than estimated, up 0.6% over the same period in 2020. Other macroeconomic conditions such as money, credit, exchange rate and interest markets were relatively stable. Import and export of goods increased strongly, of which total export turnover increased by 23.2%, trade surplus reached USD 1.29 billion. Innovation and application of science and technology and digital transformation continued to see positive changes. The national database on population and production system had been opened and put into operation, supporting the issuance and management of citizen identification. Agricultural, forestry and fishery production results were relatively good. Both yield and price of winter-spring paddy were higher than those of the previous year. The industrial sector continued to maintain its recovery momentum. For the first 2 months of 2021, the sector was estimated to grow by 7.4%. Total retail sales of consumer goods and services increased by 5.49%. The number of newly established enterprises increased by 4% and newly registered capital increased by 52.2%.
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