Hanoi: Party General Secretary To Lam has urged the Government’s Party Committee to direct the Party Committee of the Ministry of Finance (MoF) and relevant agencies to effectively implement orientations for mobilising financial resources, prioritising macroeconomic stability and inflation control to attract maximum domestic and foreign investment for national development. Chairing the second meeting of the central steering committee for perfecting institutions and laws in Hanoi on December 17, he underlined the need to create the most favourable legal framework to promote the country’s development.

According to Vietnam News Agency, the focus of the meeting was on how to enhance the legal and institutional frameworks to foster economic growth. To Lam emphasized the importance of prioritizing macroeconomic stability, which is crucial for attracting investment. The Party Chief highlighted that a well-structured legal system is vital for ensuring that both domestic and foreign investors feel secure and confident in their investments.

The meeting also discussed strategies for mobilizing financial resources to support national development goals. To Lam called on the Ministry of Finance to collaborate with other relevant agencies to devise effective strategies for resource mobilization. The aim is to ensure that the financial systems are robust enough to support the country’s economic ambitions.

Furthermore, the central steering committee reviewed current laws and regulations, identifying areas that require reform to facilitate economic growth. The committee stressed the importance of a legal framework that not only supports economic activities but also ensures social equity and environmental sustainability.