Facing more difficulties than benefits and challenges both at home and abroad in the first half of the year, Vietnam’s GDP growth rate is projected to increase by 3.72% in the first 6 months of 2023, which is only above the growth rate. 1.74% of the first 6 months of 2020, the low of the 13-year period due to the Covid-19 pandemic. As GDP growth was at its lowest point for many years, all components of aggregate demand grew slowly (investment, consumption) or contracted sharply (exports).

Due to the decline in aggregate demand in Vietnam’s economy due to many factors, the government and relevant ministries, agencies and sectors urgently need to take appropriate and timely measures to restore aggregate demand and develop economic growth. economy in a new context. These actions must capitalize on the fundamental achievements and positive results of the economic recovery in the first six months to reach the growth targets set in the second half of 2023.

In view of this important and practical issue, the Central Economic Commission, in cooperation with National Economics University and Vietnam Economic Review – VnEconomy, organized the Q2 Policy Dialogue with the theme: “Aggregate demand recovery, stimulating growth under new conditions” at 8:00 a.m., July 3, 2023 in the conference room on Floor G, Building A1, National Economics University, 207 Giai Phong Street, Hai Ba Trung, Hanoi.

The event attracted a lot of attention from agencies and business experts. About 100 delegates from different organizations are expected to take part in the political dialogue, including: Central Economic Commission, National Economic University, Party, National Assembly and Government Agencies (Judicial Council), Central Committee, National Financial Supervision Committee, Ministry of Finance…), international organizations in Vietnam such as the International Monetary Fund (IMF), the Asian Development Bank (ADB), the United Nations Development Program (UNDP)… and representatives of universities and research institutes.

According to the organizing committee, the aim of the seminar is to grasp the real situation of the world economy and Vietnam in the first half of 2023, to assess the aggregate demand of the economy in the new context and to record information fully, to consult analysis and to be multi-dimensional managerial judgment, national and international business experts, trade promotion associations and the business community. From there, propose strategic and timely solutions to restore aggregate demand and fuel economic growth.

Topics discussed in the lecture include:

– Assessment and clarification of the actual state of the world economy in the first 6 months of 2023 and its impact on the domestic economy;

– Assessment of the macroeconomic situation of Vietnam in the first 6 months of 2023 in the main economic sectors (real economy, foreign trade, financial and monetary economy, budgetary financing);

– Assess the aggregate demand and aggregate demand components of the economy in the new international and national context.

– Propose guidelines and guidelines to restore the aggregate demand of the economy to maintain the dynamism and growth level of Vietnam in the new context.

Moderation of the discussion:

• DR Nguyen Duc Hien, Deputy Head of the Central Economic Commission;
• GS. Dr. Pham Hoang Chuong, rector of the National Economics University;
• DR Chu Van Lam, Editor-in-Chief of Vietnam Economic Review – VnEconomy – Vietnam Economic Times.

Discussions and discussions include: