Accordingly, participants discussed measures to reduce lending interest rates; the operation of the corporate bond market and solutions in the coming time; the performance of the Prime Minister's working group on reviewing, urging and guiding the removal of difficulties and obstacles in the implementation of real estate projects for localities and businesses and other solutions.

Prime Minister Pham Minh Chinh speaks at the meeting.

In his opening remarks, Prime Minister Pham Minh Chinh emphasized that in the first quarter of 2023, the country's economic growth was lower than the same period in 2022 due to both objective and subjective reasons.

For the economy to recover quickly and develop sustainably, it is necessary to evaluate and set out appropriate goals, tasks and solutions, with focus on supporting businesses and people to promote production and business, he stated.

The government has given many directions and issued resolutions on a number of key policies and solutions to support businesses in proactive adaptation, quick recovery and sustainable development, while the State Bank of Vietnam has also issued two circulars guiding the implementation of solutions related to the financial and banking sectors to support businesses and people. Thanks to these efforts, the difficulties and obstacles facing enterprises have been gradually removed, while the production and business situation has improved.

At this meeting, standing members of the government are expected to find out obstacles that need to be removed and put forth appropriate solutions.

Source: VNA