At the regular Government meeting in June held this afternoon (July 3), Finance Minister Nguyen Van Thang said that on July 2, the two negotiating delegations of Vietnam and the US agreed on the Vietnam-US Joint Statement on the framework of the reciprocal, fair and balanced trade agreement.
General Secretary To Lam had a phone call with US President Donald Trump, affirming the comprehensive strategic partnership between the two countries and continuing to discuss a number of major directions and measures to promote cooperation in various fields, especially key and breakthrough areas such as high-tech science .
Minister of Finance Nguyen Van Thang affirmed that this is an important result in negotiations, creating trust and expectations for businesses.
He said that according to initial forecasts, GDP growth in the second quarter of our country is estimated to reach 7.67% compared to the same period last year, and growth in the first 6 months is expected to reach 7.31%. However, it is estimated that by the end of June, the GDP growth rate in the first 6 months may be 0.2-0.3% higher than forecast.
Minister of Finance Nguyen Van Thang (Photo: VGP).
Economic growth in the first half of the year achieved the highest results in nearly 20 years. Many targets and indexes on production, business, and the State budget… improved month by month and quarter by quarter. The whole country continued to maintain macroeconomic stability, control inflation, and ensure major balances.
According to him, in the past 6 months, budget revenue, FDI attraction, export, business development, business households... have achieved many outstanding highlights. Specific results on production and business situation, processing and manufacturing industry in the second quarter increased by 10.65% compared to the same period, and in the first 6 months increased by 10% - reaching the set scenario and being one of the few years with double-digit growth in the first 6 months since 2011.
Exports increased by 14.4% after 6 months. Trade surplus is estimated at 7.63 billion USD. Total retail sales of goods and consumer services revenue in the second quarter increased by 9% over the same period, and 9.3% in the first 6 months.
Total social investment capital in the second quarter increased by 10.5% over the same period, and by 9.8% in the first six months. Total registered FDI capital in the first six months reached over 21.5 billion USD, up 33% over the same period and the highest level since 2009. Realized FDI capital reached over 11.7 billion USD, up over 8%.
In the first 6 months, the total registered capital added to the economy reached nearly 2.8 million billion VND, an increase of over 89% over the same period last year.
Also at the meeting, Minister Nguyen Van Thang proposed tasks that need to be focused on immediately in July and the third quarter.
Specific tasks include submitting to the Government documents guiding the implementation of laws and resolutions passed by the National Assembly at the 9th session; closely monitoring the activities of the two-level government, providing guidance and thoroughly resolving local difficulties.
He added that it is necessary to continue promoting exports, developing harmonious and sustainable trade with other countries; promoting traditional growth drivers of investment and domestic consumption and developing new growth drivers.
The Minister also emphasized that the State Bank needs to operate appropriate monetary policy tools, interest rates, and exchange rates to support production and business, meeting the capital needs of the economy. Meanwhile, the Ministry of Finance is responsible for strengthening revenue management, promoting digital transformation, and modernizing tax and customs management.
Source: https://dantri.com.vn/kinh-doanh/viet-nam-va-my-da-thong-nhat-tuyen-bo-chung-ve-thue-doi-ung-20250703175102580.htm
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