We have successfully and comprehensively accomplished our goals and tasks, focusing on effective prevention, control and control of the epidemic, while promoting socio-economic recovery and development, and building the economy. independence, self-reliance associated with initiative and active international integration, extensive and effective.
Here are 10 highlights and outstanding events of Vietnam in 2022 as voted by the Government Electronic Newspaper.
1. Record high GDP growth, strong socio-economic recovery and development
In 2022, the Government and the Prime Minister focused on directing all levels, branches and localities to drastically and synchronously deploy tasks and solutions in all fields; steadfastly and persistently implement the programs, plans and goals set out; while trying to effectively perform more and more regular tasks, while focusing on handling long-standing backlog issues and promptly responding to newly arising problems, keeping abreast of the situation and developments. , timely policy response.
Thanks to our quick and timely transition to safe, flexible adaptation and effective control of the COVID-19 pandemic, in 2022, the socio-economic situation will recover positively and achieve significant and comprehensively results in many fields (there are 13/15 targets of the plan achieved and exceeded, 1 target is approximately achieved). Many reputable international organizations highly appreciate the results and prospects of the Vietnamese economy.
In particular, GDP growth is estimated at 8.02%, the highest in the 2011-2022 period and higher than the set target of 6-6.5%.. The size of the economy surpassed the 400 billion USD mark for the first time, reaching 409 billion USD. GDP per capita in 2022 is equivalent to USD 4,110, an increase of USD 393 compared to 2021. All economic sectors and fields have good growth. The economic recovery took place quite evenly among localities, in which many localities achieved high growth rates.
It is estimated that the total realized investment capital of the whole society at current prices is nearly 3.22 million billion dong, up 11.2% over the previous year. Realized foreign direct investment capital is estimated at nearly 22.4 billion USD, up 13.5% over the previous year, the highest in the past 5 years. Business development has prospered with 208,300 newly registered enterprises and returned to operation, up 30.3% over the previous year.
2. Stabilize the macro-economy, ensure large balances, control inflation
In the face of increasingly difficult macro-economic direction and management, the Government determined that it was absolutely not subjective, negligent, lethargic, not bewildered or fluctuating, on the contrary, must always be calm. Static, confident, brave, proactive, flexible, creative in leadership, directing and operating.
The Government has steadfastly focused on prioritizing macroeconomic stability, controlling inflation, promoting growth, ensuring major balances of the economy, and implementing a firm, proactive and flexible monetary policy. ; synchronously, closely and effectively coordinate with centralized and expansionary fiscal policies, with focus, focus and other policies; no abrupt transitions (crazy operation); improve analysis and forecast capacity; proactively develop effective adaptation scenarios and plans. To focus on research and manage the balance and rationality between exchange rate and interest rate; between controlling inflation and promoting economic growth and keeping abreast of the situation. Ensure liquidity, reasonable and effective credit growth, safety of the banking system and monetary security.
As a result, the consumer price index (CPI) for the whole year increased by 3.15% compared to 2021, reaching the target set by the National Assembly. The money market, interest rates and exchange rates are relatively stable; exchange rates and interest rates are adjusted accordingly; As of December 21, 2022, the credit growth of the economy reached 12.87% (in the same period in 2021, it increased by 12.53%).
State budget revenue for the whole year is estimated at 126.4 percent of the yearly estimate and up 13.8% over the previous year. The nation’s public debt, government debt, and foreign debt are safely controlled. Total import and export turnover of goods officially reached a new record with 732.5 billion USD, trade surplus was 11.2 billion USD. Energy is sufficient for production, business and consumption at an affordable price. Food are guaranteed; export about 7 million tons of rice; export of agricultural, forestry and fishery products reached over 53.2 billion USD. The labor market recovered quickly, basically meeting the labor demand.
3. The COVID-19 epidemic is well controlled, certainly nationwide, not letting the “epidemic overlap”
The Government, the Prime Minister and the National Steering Committee for COVID-19 Prevention and Control continue to direct the drastic implementation of COVID-19 prevention and control; require branches, levels and localities to absolutely not be subjective, lethargic or lose vigilance, especially focusing on speeding up the progress of COVID-19 vaccination; directing step by step to overcome the shortage of drugs, supplies, equipment and medical personnel.
As a result, the disease is well controlled nationwide, the rate of severe disease and death is low compared to the world average (the death rate from COVID-19 in Vietnam is less than 0.4%). , lower than the world average of 1.1%). Vietnam’s vaccine coverage rate is already at a very high level and is one of the most effective and strategic measures in disease prevention and control.
At the same time, proactively prevent and effectively prevent other diseases, do not let “epidemic overlap” and ensure the task of medical examination and treatment for the people. As a result, Vietnam has reopened since mid-March, creating favorable conditions for socio-economic recovery and development.
4. Promote Party building and rectification, prevention and fight against corruption and negativity
The fight against corruption and negativity continues to be focused on leading, directing and promoting, taking new development steps, going into depth, connecting more closely between anti-corruption activities, with Party building and rectification, prevention and control of deterioration in political ideology, morality and lifestyle among cadres and party members.
The Central Executive Committee, the Politburo, the Secretariat, and the Central Steering Committee on anti-corruption have issued nearly 30 resolutions, directives, conclusions, and regulations on construction and rectification. Party and anti-corruption and anti-corruption, especially on the policy of establishing provincial Steering Committee for anti-corruption.
The work of detecting and dealing with corruption and negativity has been directed by the Government to perform more and more drastically and effectively, creating new breakthroughs, contributing to strengthening people’s confidence, enterprise. The Central Steering Committee has focused on directing and handling 108 serious and complicated corruption and negative cases and cases, which have attracted the attention of the public. Especially, having initiated new prosecutions and investigated many particularly serious and complicated corruption and negative cases, which have attracted great attention from the public, which occurred in specialized fields, closed activities, occurred both in the state and non-state sectors. Expeditiously bring to trial many key cases according to the Steering Committee’s plan.
Handling many defendants who are high-ranking officials, both incumbent and retired, in accordance with the concept of “no restricted area, no exception, whoever it is”; at the same time promptly replace those who are disciplined, have limited capacity, and have low reputation according to the motto: “There is in, there is out, there is up, there is down”; welcomed, agreed, supported and appreciated by cadres, party members and people.
5. Focus on handling long-standing backlog issues, achieving initial efficiency and promptly solving and responding to new problems that arise
Besides advantages, in 2022, the economy will face many unprecedented difficulties and challenges, coming from both external and internal factors of the economy, especially in recent months, when inflation pressure increases; liquidity problems of the economy; partial shortage of petroleum; petrol prices, raw materials, input costs fluctuated strongly, greatly affecting many industries and fields. Many backlog problems, long-term accumulation, need to focus on handling and solving.
The Government and related agencies have focused on directing the restructuring of weak credit institutions associated with bad debt settlement and many long-lost projects. In which, there have been policies and solutions to handle 04 weak commercial banks, compulsory transfer and special control of 1 bank. There has been a treatment plan for 5/12 projects and is actively developing the best possible solution for the remaining 7/12 projects and other arising projects. Besides, the treatment has been completed and put into operation Thai Binh 2 and Song Hau 1 thermal power plants.
The Government and the Prime Minister shall direct the handling of issues related to the stock market, corporate bonds and real estate; to step by step solve the shortage of drugs, equipment, medical and educational human resources; stabilize the price level, ensure the balance of supply and demand, especially of essential commodities (appropriate adjustment of costs, handling of the partial shortage of petroleum supply).
The Government and the Prime Minister have established 6 Working groups to accelerate disbursement of public investment capital, an inter-sectoral steering committee on stabilizing banking operations, credit institutions, and a working group on market stabilization. securities and corporate bonds, the working group to remove difficulties for the real estate market.
The view of the Government and the Prime Minister is to drastically handle violations and negatives in order to develop a healthy and sustainable market of all kinds, to make the administration and economy transparent, and to protect investors. investment, financial institutions, banks and genuine enterprises operating safely, sustainably and in accordance with the law; absolutely not to lose system safety, insecurity, social order and safety, protect the legitimate and legitimate rights and interests of the people and related subjects in accordance with the law in any any circumstances.
Prime Minister Pham Minh Chinh and other delegates attended and performed the opening ceremony of the National Database on cadres, civil servants and public employees in state agencies – Photo: VGP/Nhat Bac
6. Accelerating the building and perfecting of institutions – a strategic breakthrough
The work of building and perfecting the law is paid special attention to and directed by the Government; focus on reviewing and perfecting mechanisms, policies and laws, speeding up the reform of administrative procedures; overcome bottlenecks hindering development; create a favorable, public, transparent and cost-effective environment for businesses and people.
By the end of December 2022, the Government has held 9 thematic sessions on law-making, approved 39 projects and proposed law-making. The Government has submitted 19 projects to the National Assembly, basically ensuring progress and quality, 12 projects have been approved by the National Assembly and 7 projects are being commented on by the National Assembly. The Government has issued nearly 110 Decrees, and the Prime Minister has issued 28 legal decisions.
The planning work is focused and promoted; has formulated and approved planning tasks, a number of national, regional and local master plans.
The review, arrangement and streamlining of the organizational apparatus, downsizing the staff have been actively and effectively implemented, with the expected reduction of 17 general departments, 8 departments, 145 cases/department, 22 public non-business units; at the local level, there was a reduction of 7 specialized agencies and 6 other administrative organizations under the Provincial People’s Committee, 2,159 organizations within the specialized agencies under the Provincial and District People’s Committees, a decrease of 7,469 public non-business units.
7. Social security work is implemented practically, timely and effectively
Up to now, the whole country has supported about VND 87,000 billion for about 56 million turns of people, employees and more than 730,000 turns of employers affected by the COVID-19 epidemic.
Activities to celebrate the 75th anniversary of Invalids and Martyrs’ Day were thoughtfully, solemnly and meaningfully organized. Fully and promptly implement preferential regimes and policies for people with meritorious services to the revolution, social assistance, social insurance, health insurance and unemployment insurance.
People’s lives are constantly improving. Per capita income in 2022 is estimated at 4.6 million VND/person/month, up 9.5% compared to 2021. The multidimensional approach poverty rate is estimated at 3.6%, down 0.8 percentage points compared to 2021.
The above results were achieved in the context of having to implement many policy solutions on exemption, reduction and extension of many taxes, fees, charges and land rents for people and businesses (as of December 15, the Exemption, reduction and extension are now more than 193,000 billion VND).
8. Vietnam’s diplomatic imprint
In the context of the world’s rapid, complicated and unpredictable developments, foreign affairs and international integration have been promoted and strengthened, contributing to consolidating and enhancing the prestige and international position of our country in the world; maintaining a peaceful and stable environment, attracting external resources for national development. Vietnam was elected as Vice President of the United Nations General Assembly and a member of the United Nations Human Rights Council (for the second time).
The external activities of the leaders of the Party and the State continue to affirm the country’s increasingly important position and role in the international arena, affirming that Vietnam is confident of a quick recovery, promoting growth and development. sustainable development, continuing to build an increasingly independent and self-reliant economy associated with active and proactive international integration, which is substantial and effective, showing that Vietnam is changing its status in the legal relationship. cooperation with other countries and partners, from the period when the partners mainly support Vietnam to overcome difficulties, eliminate hunger and reduce poverty, to the stage of equal cooperation with mutual benefits.
Foreign affairs activities in 2022 contribute to the successful implementation of the foreign policy in accordance with the Resolution of the 13th Party Congress, the trend of opening up and recovering after the pandemic, the trend of digital transformation, green transformation in the region and in the world.
9. Promote strategic transportation infrastructure projects
The Government and the Prime Minister paid great attention to and promptly directed to remove difficulties and obstacles, creating positive changes in the construction of a number of important national infrastructure projects, especially is the transport infrastructure. The Prime Minister – Head of the State Steering Committee for important national and key projects and projects of the transport sector chaired monthly meetings to direct the implementation of projects and promptly solve difficulties. problems, significantly improving the progress of projects.
In 2022, 565 km of expressway will be basically completed, of which 365 km have been put into operation and 200 km are opened; Commencement of construction of passenger terminal T3 project at Tan Son Nhat airport. Striving to start construction in early 2023, starting construction of 12/12 component projects with a length of 729 km of the North-South Expressway project in the 2021-2025 period and the Long Thanh International Airport project.
In 2023, strive to complete and put into use a number of expressways and urban railway projects; to upgrade and expand, to operate dual-use at some airports, to study, upgrade and expand by PPP method for dual-use operation of some other airports.
10. Accelerate digital transformation, green transformation, innovation
The startup and innovation ecosystem along with the trend of digital transformation, development of the digital economy, digital society, green economy, circular economy was formed and initially developed. Implementing the commitment to reduce emissions to zero by 2050, in 2021-2022, the Government has issued the “National Strategy for Green Growth 2021-2030, with a vision to 2050” and the “National Action Plan” green growth in the 2021-2030 period”.
During external events, Prime Minister Pham Minh Chinh always calls on international partners and investors to strongly support the energy transition, develop the renewable energy industry, and adapt to changes in the energy sector. Climate change in Vietnam ensures fairness and justice, suitable to the conditions of a developing country, experiencing many years of war, the economy is in transition. Vietnam, together with G7 countries and other international partners, adopted the declaration of establishing the Equal Energy Transition Partnership (JETP).
With the drastic direction of the Government and the Prime Minister, the task of digital transformation achieved many positive results. National and specialized databases are promoted to build, connect and share, especially the national database on population connected and connected with 47 ministries, branches and localities. , corporations, state corporations; issued more than 76 million electronic chip identification cards; synchronize over 234 million vaccination information; activated nearly 2.6 million electronic identity accounts; identify accurate information of nearly 50 million mobile subscribers…; gradually forming a digital citizen ecosystem. Online public services are deployed more widely and effectively.
The digital economy and digital society have seen many positive changes, especially electronic tax payment, e-invoices, e-commerce, and non-cash payments. 99% of businesses pay taxes electronically; 100% of businesses are operating using e-invoices. In 2022, the scale of Vietnam’s retail e-commerce market is estimated at 16.4 billion USD, accounting for 7.5% of the country’s revenue of consumer goods and services. With a growth rate of 20%/year, Vietnam is ranked in the group of 5 countries with the world’s leading e-commerce growth rate.
According to the announcement at the Global Innovation Index (GII) Report 2022 of the World Intellectual Property Organization (WIPO), in 2022 Vietnam is in the group of countries that have achieved the greatest progress in the decade. (up 20 places), ranked 48/132 countries and ranked 3rd in Southeast Asia.
