Prime Minister Nguyen Xuan Phuc at the event (Source: VNA) Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has said that among 12 targets assignedby the National Assembly (NA) this year, eight are likely to be surpassed and thefour others to be met.
During a monthly Governmentmeeting in Hanoi, the PM said this year’s gross domestic product may top 6.7percent and State budget collection will be 3-5 percent higher than theestimate. Public debts are expected to decrease and inflation will be keptbelow 4 percent.
Addressing themeeting, the leader lauded the achievements of Vietnamese athletes at theongoing Asian Games 2018 with four golds, many silvers and bronzes. In particular,he stressed that the Olympic football team’s run to the semi-finals was ahistoric success for Vietnamese sport and football in particular.
He spoke highly ofthe Vietnam Innovation Network initiated by the Ministry of Planning andInvestment, the Ministry of Science and Technology and various localities,saying it reflects the Vietnamese Party and State’s attention to talentedoverseas Vietnamese who want to contribute to the nation.
The leader askedCabinet members to give opinions on 10 contents to be submitted to thelegislature at a late October session.
Reviewing theeconomic performance in August, he said the consumer price index moved up byonly 0.45 percent from July, and is forecast to be below 4 percent for the yearas assigned by the NA.
Also during themonth, industry posted a growth of 13.4 percent, retail expanded by roughly 12percent and imports-exports went up 14.5 percent. There were 25 kinds of goodsearning more than 1 billion USD from export, while the trade surplus hit 2.8billion USD.
Investment usingState funds climbed 7 percent, bringing the eighth-month figure to 11.3percent. Foreign direct investment topped 19 billion USD, 11.5 billion USD ofwhich was disbursed. Foreign investors’ purchases of shares soared 50.9 percentto 5.28 billion USD.
Foreign investors’confidence in Vietnamese economy remains solid despite complex globaldevelopments, he said.
The PM expresseddelight that there were more than 67,000 firms established in August, up 2.4percent in volume and 6.9 percent in registered capital. Notably, some 21,000enterprises resumed operations.
Over the past eight months, the number of poor households fell by 8.7 percentand the number of poor residents plunged by 40.4 percent. Departments andagencies also joined hands to overcome the aftermath of flooding.
National defence,security and diplomacy have been strengthened, while Vietnam’s prestige in theinternational arena has improved. International organisations have highlyvalued the country’s economic growth, he said.
As Vietnam willhost the World Economic Forum on ASEAN 2018 in Hanoi in September – the mostimportant external event this year with leaders of major economies taking part,he assigned the Foreign Ministry, departments and agencies to thoroughlyprepare for the event.
Ministries and agencieswere also asked to deal with several news agencies’ defamatory broadcastshurting Vietnamese tra fish, a key earner that affects many Vietnamese lives.
Cabinet memberswere urged to give feedback on the socio-economic development plan for 2019 andorientations to 2019-2021.
Based on the pastachievements, he suggested that this year’s growth should be 6.5-6.7 percent.
In the morningsession, participants discussed mechanism building and several draft laws anddocuments.-VNA
During a monthly Governmentmeeting in Hanoi, the PM said this year’s gross domestic product may top 6.7percent and State budget collection will be 3-5 percent higher than theestimate. Public debts are expected to decrease and inflation will be keptbelow 4 percent.
Addressing themeeting, the leader lauded the achievements of Vietnamese athletes at theongoing Asian Games 2018 with four golds, many silvers and bronzes. In particular,he stressed that the Olympic football team’s run to the semi-finals was ahistoric success for Vietnamese sport and football in particular.
He spoke highly ofthe Vietnam Innovation Network initiated by the Ministry of Planning andInvestment, the Ministry of Science and Technology and various localities,saying it reflects the Vietnamese Party and State’s attention to talentedoverseas Vietnamese who want to contribute to the nation.
The leader askedCabinet members to give opinions on 10 contents to be submitted to thelegislature at a late October session.
Reviewing theeconomic performance in August, he said the consumer price index moved up byonly 0.45 percent from July, and is forecast to be below 4 percent for the yearas assigned by the NA.
Also during themonth, industry posted a growth of 13.4 percent, retail expanded by roughly 12percent and imports-exports went up 14.5 percent. There were 25 kinds of goodsearning more than 1 billion USD from export, while the trade surplus hit 2.8billion USD.
Investment usingState funds climbed 7 percent, bringing the eighth-month figure to 11.3percent. Foreign direct investment topped 19 billion USD, 11.5 billion USD ofwhich was disbursed. Foreign investors’ purchases of shares soared 50.9 percentto 5.28 billion USD.
Foreign investors’confidence in Vietnamese economy remains solid despite complex globaldevelopments, he said.
The PM expresseddelight that there were more than 67,000 firms established in August, up 2.4percent in volume and 6.9 percent in registered capital. Notably, some 21,000enterprises resumed operations.
Over the past eight months, the number of poor households fell by 8.7 percentand the number of poor residents plunged by 40.4 percent. Departments andagencies also joined hands to overcome the aftermath of flooding.
National defence,security and diplomacy have been strengthened, while Vietnam’s prestige in theinternational arena has improved. International organisations have highlyvalued the country’s economic growth, he said.
As Vietnam willhost the World Economic Forum on ASEAN 2018 in Hanoi in September – the mostimportant external event this year with leaders of major economies taking part,he assigned the Foreign Ministry, departments and agencies to thoroughlyprepare for the event.
Ministries and agencieswere also asked to deal with several news agencies’ defamatory broadcastshurting Vietnamese tra fish, a key earner that affects many Vietnamese lives.
Cabinet memberswere urged to give feedback on the socio-economic development plan for 2019 andorientations to 2019-2021.
Based on the pastachievements, he suggested that this year’s growth should be 6.5-6.7 percent.
In the morningsession, participants discussed mechanism building and several draft laws anddocuments.-VNA
VNA
