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Government’s resolution helps to boost economic growth: workshop

Participants at a workshop in Hanoi on October 5 viewed the Government’s Resolution No. 128/NQ-CP on safe, flexible adaptation to and effective control of COVID-19 as an important turning point which has positively affected the national economic growth.
Government’s resolution helps to boost economic growth: workshop ảnh 1Delegates at the workshop. (Photo: VNA)
Hanoi (VNA) – Participants at a workshop inHanoi on October 5 viewed the Government’s Resolution No. 128/NQ-CP on safe,flexible adaptation to and effective control of COVID-19 as an importantturning point which has positively affected the national economic growth.

After one year of implementing the resolution, datedOctober 11, 2021, Vietnam has better controlled the pandemic and experienced a rapidsocio-economic recovery, they said.

Deputy Minister of Planning and Investment Tran QuocPhuong cited the figure by the General Statistics Office (GSO) showing that thecountry’s GDP contracted by 6% in Q3 2021, mainly due to travel restrictions put in place to prevent pandemic spread.

Following the adoption of the resolution, thecountry's GDP has achieved positive growth right in the fourth quarter of 2021,he continued.

Resolution 128, together with the National Assembly’sResolution No. 43/2022/QH15 on fiscal and monetary policies in support of theprogramme on socio-economic recovery and development, and other solutions havehelped to maintain the economic recovery, towards sustainable recovery anddevelopment, the official noted.

The GSO said the national GDP grew by 13.67% in thethird quarter of this year.

The three months posted such high growth as the sameperiod last year saw the COVID-19 pandemic breaking out strongly andseriously affecting production and business activities.

With upbeat signs reported in almost all aspectsbetween January and September, the GDP was estimated to rise 8.83% for theperiod, the highest nine-month growth recorded in 2011-2022.

Deputy Minister of Health Nguyen Thi Lien Huong saidthe COVID-19 fatality rate in Vietnam stands at onlhy 0.02%, as compared withthe world average of 1.2%, noting that vaccination is an important preventionmeasure.

More than 260.23 million doses of COVID-19 vaccineshave been administered in the country so far.

Dr. Angela Pratt, WHO Chief Representative in Vietnam,stressed that Vietnam made a sound decision to adopt the resolution, and that theSoutheast Asian nation has been very successful in pandemic containment.

Vietnam’s achievements are attributable to theGovernment’s leadership and commitments, including timely, suitable policiesand guidelines like the resolution, she said./.
VNA

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