Prime Minister Nguyen Tan Dung directed prompt policy responses to achieve the best socio-economic performance for the remaining months of 2015 during the two-day monthly Government meeting that closed in Hanoi on October 1.
With gross domestic product (GDP) growth hitting 6.5 percent in January-September – the highest in four years, the 2015 growth rate is likely to move higher, driving the average GDP for five years to roughly 6 percent, he commented.
He ordered drastic actions in agriculture, tourism and farm produce export, easing over-reliance on China and seeking new markets.
Ministers were asked to accelerate the progress of business and banking restructuring in tandem with bad debt settlement.
On administrative reform, initiatives to improve the business climate and national competitiveness will continue, including those regarding customs, taxation and land under the charge of the Ministries of Finance and Natural Resources & the Environment.
Nine ministries have connected to the national one-stop shop (OSS) and ASEAN OSS customs mechanisms. The Ministries of Agriculture & Rural Development and Public Health were asked to link with the ASEAN OSS portal in the foreseeable future.
The Ministry of Labour, Invalids and Social Affairs must issue sustainable poverty reduction criteria (multidimensional measurement approach) to be applied next year, given that the target of recognising half of communes nationwide as new-style rural areas by 2020 is likely to be out of reach. Only slightly more than 10 percent of communes have gained that status thus far.
Ministries, agencies and localities must drastically act on the national target programme on new rural construction, strengthen national defence-security and social safety and order, and provide the media with the latest accurate information on all socio-economic aspects.
The Ministry of Planning and Investment is responsible for collecting feedback on the 2016-2020 socio-economic development structure.
Regarding budget tasks, the PM stressed that the State budget needs to be restructured towards increasing spending for investment and revenue collection, ultimately ensuring the safety of public debt and national finance.
The leader made specific demands regarding the issuance of bonds within the international capital market, the application of information technology in the State administrative management and measures to develop the e-government model.
According to Minister of Planning and Investment Bui Quang Vinh, 2015 economic growth was driven by industrial manufacturing, production and exports by foreign-invested enterprises and domestic consumption thanks to macro-economic stability and low inflation.
Looking at 120.7 billion USD worth of exports and 124.6 billion USD imports during the nine months, government members said China’s yuan devaluation has not greatly impact Vietnam’s exports and imports.
Preliminary estimates show that Vietnam’s imports from China are likely to gain additional 0.04 percent this year and 0.08 percent next year. Meanwhile, its exports to the neighbouring country will be less impacted owing to VND/USD adjustment and export stimulation measures.
Deputy Prime Minister Vu Van Ninh attributed the achievements to prompt State directions in response to falling oil prices, European and Chinese economic slowdown and debt crisis.-VNA
The 2015 socio-economic goals are feasible based on the past seven-month performance and provided efforts continue to be made, Prime Minister Nguyen Tan Dung has said.
Prime Minister Nguyen Tan Dung chaired a Government meeting on lawmaking in Hanoi on July 27 and 28, focusing on the progress of a programme to build laws and ordinances and determining relevant tasks for the rest of this year.
Prime Minister Nguyen Tan Dung has offered a number of specific instructions after being updated on the positive socio-economic performance during January-August.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
The General Secretary underlined the resolve to achieve a growth rate of at least 8% in 2025, laying the groundwork for double-digit growth in the following period. He noted that these are mandatory targets, with no alternative path to success.
Restructuring and improving the quality of officials, civil servants, and public employees is no longer a choice, but an urgent requirement to transition from administrative management to governance in service of the people.
The Vietnamese Embassy in Israel has advised Vietnamese people living there to proactively prepare and seek ways to leave the country via land border crossings, especially toward Jordan or Egypt, when security and safety conditions allow.