Vietnam PM outlines inflation control and currency stability as economic priorities

Prime Minister Le Minh Hung addressed the National Assembly, reaffirming the government's commitment to three key economic priorities: inflation control, currency stability, and strengthening the nation's macroeconomic fundamentals.

In his remarks before lawmakers, Hung emphasized that these measures represent the consistent direction guiding the government's economic policy and management decisions. The focus on maintaining price stability and a stable currency reflects concerns about external economic pressures and domestic inflationary pressures that could undermine growth prospects.

The Prime Minister's statement came during his first question-and-answer session with National Assembly members, where he fielded inquiries on various policy matters. Lawmakers also pressed the government on other pressing issues, including the gradual development of domestic unmanned aerial vehicle technology capabilities.

The government's economic framework aims to balance growth objectives with financial stability, addressing concerns that rapid expansion could destabilize prices or currency valuations. Officials indicated the approach would combine targeted inflation management with measures to protect the dong's value in foreign exchange markets.