At the February 22 meeting, the PM calls on all ministries and localities to “get to work immediately from the first day back”.

Prime Minister Pham Minh Chinh has urged ministries,
agencies, sectors and localities to resolutely implement key tasks for 2026 to
achieve the country’s annual growth target, while chairing a Government meeting
on February 22 to review the Lunar New Year (Tet) celebrations and outline
post-holiday priorities.

He called on all ministries and localities to “get to work
immediately from the first day back,” stressing the need to strengthen
administrative discipline, combat waste, and accelerate public investment
disbursement, with a target of achieving a 100% disbursement rate.

The PM also highlighted the importance of
efforts to have the European Commission lift its “yellow card” warning against
Vietnam’s seafood exports over illegal, unreported and unregulated (IUU)
fishing.

He also emphasised the full and effective implementation of social welfare
policies and urged faster construction of 100 inter-level boarding schools in
border areas, alongside preparations for the simultaneous groundbreaking of the
remaining 148 schools later this month.

The Government leader also called for prioritising resources
to ensure the quality of draft legislation and the effective implementation of
the 2026–2030 state administrative reform plan.

The Ministry of Finance was instructed to pursue a focused
and effective expansionary fiscal policy, cut 10% of recurrent spending at the
beginning of the year, and reduce development investment spending by 5%, while
strengthening oversight to prevent waste and corruption.

Meanwhile, the State Bank of Vietnam was directed to
implement proactive and flexible monetary policies in coordination with other
macroeconomic measures to control inflation and support growth, while closely
monitoring developments in the gold market.

The Ministry of Industry and Trade was tasked with
stabilising market prices, assessing the impact of the newly imposed 10%
additional US import tariff, and ensuring sufficient energy supply to support
economic activities.

VnEconomy-Ha Hue