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PM: Drastic measures needed to realise GDP growth target

Prime Minister Nguyen Tan Dung requested drastic measures be taken to achieve a gross domestic product (GDP) growth rate of 5.8 percent this year during his final speech at the Government’s regular meeting on September 29-30.
Prime Minister Nguyen Tan Dung requested drastic measures be taken toachieve a gross domestic product (GDP) growth rate of 5.8 percent thisyear during his final speech at the Government’s regular meeting onSeptember 29-30.

He pointed out an array ofeconomic problems, including weak aggregate demand, great bad debt, slowdisbursement of investment capital, budget imbalances, and severaluncompetitive sectors.

Highlighting the rapidlyincreasing government debt, the Cabinet leader ordered Finance MinisterDinh Tien Dung to review public and bad debts, and propose solutions tothe situation.

He called upon relevant agencies toimplement urgent and comprehensive measures to attract more investmentin industries, agriculture, services, tourism, and infrastructure,particularly in rural areas.

PM Nguyen Tan Dung also told them to work harder to increase the export of Vietnamese goods to potential markets.

Mentioning that Vietnam ’s labour productivity of 61 percent is onlyaverage amongst ASEAN members, slightly ahead of Myanmar andCambodia , he ordered the National Council for Sustainable Developmentand Competitiveness Improvement as well as authorised agencies to lookinto the issue and develop solutions.

Meanwhile, theleader also demanded more efforts be undertaken to fulfil the target ofhaving 1.6 million people newly-employed in 2014. So far, 1.5 millionpeople have secured jobs this year.-VNA

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The programme to eliminate temporary and dilapidated houses has achieved notable results, with nearly 263,000 housing units addressed to date, including 225,000 houses inaugurated and 38,000 under construction. Thirty-eight provinces and cities across the nation have already fulfilled their targets.
PM Pham Minh Chinh chairs the national teleconference on June 22. (Photo: VNA)

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Stronger efforts and determination are required to achieve and surpass the set targets, especially in the eradication of makeshift and dilapidated houses nationwide, the acceleration of public investment disbursement, and the implementation of nationally important transport projects, PM Pham Minh Chinh noted.
At the plenary session of the 28th St. Petersburg International Economic Forum (SPIEF 28) in Russia on June 20. (Photo: VNA)

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Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
Ambassador Do Hung Viet (R) presents his credentials to United Nations Secretary-General Antonio Guterres at the UN Headquarters in New York on June 20. (Photo: VNA)

𓆏 Vietnam becomes model in implementing SDGs: UN chief

The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
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ꦉ Vietnam, China intensify experience sharing in diplomatic affairs

The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
At the simultaneous online talks between Minister of Industry and Trade Nguyen Hong Dien and US Secretary of Commerce Howard Lutnick and Trade Representative Jamieson Greer on June 19 (Photo: VNA)

♍ Vietnam, US hold virtual ministerial talks on reciprocal trade

Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
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