This is the opinion of TS Le Quoc Phuong, former Deputy Director of the Industrial and Commercial Information Center (Ministry of Industry and Trade), emphasized when exchanging with PV VOV Transport.
PV: So far, it can be considered that the traditional Tet is over, and the first quarter of 2024 has passed. With his observations, how does he assess the pace of our country’s economy in recent times?
TS Le Quoc Phuong: The statistics in recent times, although not long, but also give us a relatively positive view of the prospects for our country’s economic recovery this year.
The first is the index of industrial production in January 2024 increased by over 18% compared to the same period last year. In terms of import and export, as of mid-February 2024, exports increased by nearly 22% compared to the same period last year, and imports increased by over 12%.
The index of industrial production in January 2024 increased by over 18% compared to the same period last year
In just 1.5 months, we have achieved a surplus of over 5 billion USD, the number of newly established businesses and businesses returning to operation in January increased by 5.5% compared to the same period. In terms of investment capital, which is a very important index for economic development, investment capital from the state budget in January increased by nearly 13% compared to the same period, registered FDI capital increased by over 40% compared to the same period, and implemented FDI capital increased by over 10% compared to the same period.
However, we also need to note that our economy still faces many difficulties. The first is the number of businesses withdrawing from the market in January 2024 still increased very high, by nearly 23% compared to the same period. State budget revenue in January decreased by nearly 3% compared to the same period, in general, there are quite a few relatively positive indexes. We have the right to hope for a positive result in 2024.
PV: Being in January, the month of “play” according to the old concept. So with the analyzes mentioned above, according to you, is it difficult to find advantages to create momentum for the economy at this time?
TS Le Quoc Phuong: There are many things we can create advantages, the first and most important thing is workers returning to work early after the Tet holidays.
But to do that, we must organize transportation well, and businesses also need to establish labor discipline. Another issue is that now we need to solve three bottlenecks, including infrastructure bottlenecks and institutional bottlenecks, from the beginning of the year we must promote the disbursement of public investment capital and this will create impetus for accelerated development. serve economic development.
When our infrastructure is improved, the economy will develop very strongly. The third thing is to create soft infrastructure for businesses to operate, which also creates an advantage for the economy, that is, from the beginning of the year we must remove the difficulties and obstacles that businesses still face.
Workers return to work early after the Tet holidays to create impetus for economic development
PV: On the opposite side, according to you, the authorities, what actions should the management agencies take to make it easy for businesses and other components of the economy to keep pace?
TS Le Quoc Phuong: I think there are a few things that state agencies must do immediately after the Tet holiday. The first is to allow workers to return to work quickly, the transportation industry must arrange enough means; The information agencies must promote information about the air to perform the task of the new year, creating a cheerful and enthusiastic atmosphere in production from the beginning of the year.
State agencies also have to implement strict regulations for officials and public servants to handle work immediately after the new year, especially the work that has been delayed after Tet.
Then another point is that state agencies should not organize Spring travel, affecting the solving and handling of issues related to businesses. These are the tasks that all levels of authorities and management agencies need to perform, to quickly support businesses to follow the pace of production and business immediately after the Tet holidays.
PV: Thank you!
