Chairing the conference “Summary of Work in the First 6 Months of the Year and Implementation of Tasks for the Last 6 Months of 2023” on July 7 at the Ministry of Industry and Commerce, Minister Nguyen Hong Dien pointed out the “bottlenecks” in development of industry and commerce, while urging the departments under the ministry to openly discern, earnestly evaluate, demand and promptly have workable solutions to overcome in order to bring about more substantial changes in the current period. The next time.

Production is slowly recovering, exports are successful

Minister Nguyen Hong Dien told the conference that the international and regional situation continues to bring many complicated and unpredictable developments, which negatively impacted the country’s socio-economic development. However, thanks to the positive attitude, initiative, understanding of the situation and timely implementation of solutions to eliminate difficulties, the enterprises have regained their production and business.

Accordingly, industrial production recovered by 98.8% in the first 6 months of 2023 compared to the same period in 2022. 48/63 places recorded an increase in the industrial production index. In terms of trading activities, there are 27 items with export sales over US$1 billion, accounting for 90% of the total export sales (with 5 export items over US$10 billion, accounting for 57.8%).

The domestic market recovered strongly and recorded high growth. Total retail sales of goods and services rose 10.9% in the first six months of the year over the same period, covering essentially basic necessities for people, which continues to be a bright spot for supporting the overall recovery process. demand and economic development.

However, those responsible at the Ministry of Industry and Trade also openly admitted that, in addition to the results achieved, there were still problems that needed to be solved.

The first, Although industrial production has changed positively in the first six months of 2023, it is still slow and has not fully recovered over the same period, especially for Vietnam’s main export industries such as electronics, textiles, furniture, etc. Manufacturing companies have been along many faced difficulties, rising capital costs adversely affected the recovery of production.

Monday, The participation of domestic enterprises in global supply chains is not high, supporting industries are developing slowly, industrial production capacity is slowly being improved, especially in basic industries, crucial.

Tuesday, Overall, export and import sales declined compared to the same period last year, especially among domestic companies. Exports to key regions and markets and export sales of most key commodities declined. Failure to make good use of tariff preferences from signed Free Trade Agreements (FTAs). The transition from unofficial export to official quota is still slow.

Wednesday, The power supply has faced many difficulties and had to carry out load conditioning and reduce current in some areas due to severe heat, which affected the production and people’s daily life.

Thursday, approxHe worked on institutional reforms, improving the business environment and slow administrative reform. Scientific and technological research and the development of high-quality human resources are not yet able to meet the needs of restructuring.

Meanwhile, grasping the situation, analyzing, forecasting, and proposing and responding to policy actions is, in some cases, still passive and outdated. Institution building, improvement of the investment and business environment, and implementation of administrative reforms in a number of areas and units are still limited and do not meet the established requirements. A number of assigned tasks have not yet ensured progress and quality despite multiple requests.

“These are the ‘bottlenecks’ for the development of industry and trade in the past period. Therefore, we must openly recognize the market demand, seriously evaluate, and promptly find workable solutions to overcome these difficulties. Restore, create a more substantial change in the coming period,” Minister Nguyen Hong Dien stressed.

FAST IMPLEMENTATION OF SOLUTIONS

Commenting on the situation in the world and the region in the coming period, Minister Nguyen Hong Dien said the situation remains complicated and unpredictable, with many potential uncertainties.

Therefore, to overcome difficulties and challenges, strive to achieve the highest goals and plans, such as: Industrial Production Index (IIP) increased by about 8-9%; Export turnover increased by about 6%, which maintained the trade surplus. Total retail sales of consumer goods and services increased by about 8-9%. The heads of the ministry suggested that the units in the industry should actively grasp the situation, improve forecasting capacity and take timely policy measures to advise and propose appropriate and feasible countermeasures and solutions.

In particular, focus on solving problems related to capital, mechanisms, policies and administrative procedures to help enterprises recover, develop production and business, maintain good supply chains and boost exports.

In addition, the focus is on accelerating the disbursement of public investment capital to ensure efficiency and compliance with regulations without delay.

Proactively coordinate with relevant units and locations to closely monitor progress, promptly remove significant difficulties and roadblocks, and get major work and projects that matter up and running soon. , high distribution in electricity, oil and gas, processing industry, manufacturing, minerals, logistics… to increase new production capacity and actively create the supply of raw materials, fuel, materials, etc. Sustainable development.

Urgently coordinate the completion of procedures to put the renewable energy transition projects into operation soon. Completed the development of the implementation plan of the Electricity Master Plan 8 and the Electricity Sector Development Strategy and submitted it to the Prime Minister for approval.

Actively developing the Chemicals Law, Industrial Development Law, Electricity Law (amended), Economic and Efficient Use of Energy Law (amended), Renewable Energy Development Law and other mechanisms, direct electricity procurement policies and sales, policies for socializing investments in the transmission grid…

Strengthen the monitoring and oversight, and call upon key companies to seriously implement the plan to allocate the minimum total petroleum well, according to the right amount and timeline. The common goal is that there is no shortage of electricity, coal, oil and gas for production and people’s daily lives in all walks of life.

Promote support for companies to enter emerging markets, niche markets with great potential. Further promote digital transformation in trade promotion activities, linking supply and demand, especially cross-border e-commerce, creating favorable conditions for the expansion of domestic and foreign markets, promoting sustainable export.

The focus is on the effective implementation of solutions to stimulate consumer demand, the development of domestic trade, and the close linkage of traditional and modern trade to effectively use the potential market of 100 million people in the country. ; Closely monitor the movements of supply and demand, prices and markets of essential commodities to ensure appropriate and effective management.