URGENTLY OPENING FOR ECONOMY RECOVERY

The New Year of the Tiger is kicked off with impressive economic indicators. Right in the first month, newly established enterprises increased both in quantity and registered capital over the same period; The number of businesses returning to operation also increased quite high in all areas of operation.

 Manufacturing electronic components at Rhythm Precision Vietnam Co., Ltd., Noi Bai Industrial Park (Hanoi).

Attracting foreign direct investment (FDI) followed the recovery momentum from the end of 2021 with a very strong increase in the number of newly registered projects and especially a series of projects adjusted to increase capital, showing that businesses has stabilized and expanded production and business activities after the impact of the Covid-19 pandemic. Export activities accelerated right from January with seven items with export turnover of more than 1 billion USD. Labor supply chain is restored; people's consumption power increased; Disbursement of public investment achieved impressive results. Security and safety are guaranteed, creating an exciting atmosphere, increasing the confidence of people, businesses and the international community.

This is the result of transforming epidemic prevention and control methods in the direction of safe, flexible adaptation, effective disease control and rapid vaccination. The early promulgation and implementation of Resolutions No. 01/NQ-CP and 02/NQ-CP of the Government, especially the program of socio-economic recovery and development, has created a new impetus for all levels of government. and sectors, attracting the attention and support of the people and business community, creating new impetus to contribute to the successful implementation of the socio-economic development plan, not only for 2022 but also creating a foundation foundation to put the economy back on the growth trajectory in the coming years.

In five groups of tasks and solutions, the main solution is set out in Resolution 11/NQ-CP on the program of socio-economic recovery and development, the first mentioned task by the Government is to open the economy associated with socio-economic development. with investment in capacity building in health, disease prevention and control. Specifically, promulgating and organizing the effective and timely implementation of the Covid-19 epidemic prevention and control program, continuing to guide and implement the roadmap for reopening tourism, aviation, entertainment service industries. knowledge, culture and art associated with ensuring disease safety.

Because the requirement to open up is urgent, it is the last and most important "piece of the puzzle" for the economy to return to a new normal, after reaching universal vaccine coverage. As a result, tourism, travel, and aviation - the economic sectors that suffered the most in the two years of the Covid-19 outbreak are having the opportunity to "break the ice".

In 2022, it is forecasted that the international and domestic situation will still face many difficulties and challenges because the Covid-19 pandemic may still be complicated and dangerous. In that context, the task of implementing the socio-economic development plan is very heavy, but the belief in the strong recovery and development of the Vietnamese economy is still grounded. First of all, we still maintain the foundation of macroeconomic stability, control inflation well, and ensure major balances of the economy; The participation of the whole political system combines the solidarity and consensus of the people of the country and the support of international friends in the effort to control the epidemic and develop the economy. In addition, we have implemented synchronously, timely and effectively mechanisms, policies and solutions to support people and businesses to soon stabilize their lives and restore production and business. Along with that, is the will, creativity, strong entrepreneurial spirit and bravery of Vietnamese businesses and entrepreneurs during the pandemic.

The new situation requires ministries, branches and localities not only to be determined and make efforts to implement the set tasks, solutions, programs and plans, but also to prepare their minds, goals, views, tasks, solutions at a higher level than usual to take advantage of every opportunity, even the smallest, for economic recovery. Fiscal and monetary resources of 350 trillion VND that the National Assembly has decided to dedicate to the socio-economic recovery program, which will be disbursed quickly and effectively, will help boost Vietnam's economy. keep up with the recovery momentum of developed countries to get up faster after the pandemic.