Prime Minister Prepares for Potential Global Trade War This Year

Prime Minister Pham Minh Chinh has directed ministries and local authorities to proactively prepare for a possible global

in 2025. He emphasized the importance of closely monitoring international developments and formulating responsive strategies to potential economic impacts.

The Prime Minister highlighted the need for Vietnam to strengthen its economic

by diversifying markets, enhancing domestic production, and reducing dependence on any single economy. He also urged businesses to innovate and improve competitiveness to navigate potential challenges arising from .

Furthermore, he called for the acceleration of key

projects to bolster economic growth and improve connectivity within the country. The Prime Minister reiterated the government's commitment to maintaining and ensuring social welfare amidst .

In conclusion, the Prime Minister's directives aim to equip Vietnam to effectively handle potential disruptions in global trade, ensuring sustainable economic development and stability.