State-owned businesses need to
contribute more to stabilising the macro-economy, maintaining growth
and curbing inflation to achieve this year’s growth target of 6.5
percent, said a government leader.
Prime Minister
Nguyen Tan Dung delivered this request while chairing a session in
Hanoi on March 10 between the cabinet and state-owned groups and
corporations on tasks and solutions to implement the plans set for
2010.
To reach these targets, PM Dung suggested state-owned enterprises
re-examine their production and business plans and deploy projects on
schedule, shooting for an annual average growth rate of 10 percent.
The government will create favourable conditions in terms of procedures
for businesses to carry out projects effectively, the PM said, noting
that as soon as each power, cement or fertiliser plant goes on line,
they begin to contribute to raising the nation’s output and its GDP and
to generating more jobs for workers.
To rein in inflation, the leader urged the state-owned sector to make
specific calculations so as to prevent speculation in goods.
Regarding social security, PM Dung called upon the economic giants to
step up production and business activities, increase the income of
workers, and support the country’s 62 poorest districts in
socio-economic development.
He took this occasion to applaud the efforts of the state-owned sector
in observing the Party and government’s guidelines and thus
contributing to the nation’s general socio-economic achievements in
2009.
Despite various difficulties and challenges, Vietnam managed to record
a growth rate of 5.32 percent, and state-owned groups and corporations
made up 42 percent of the nation’s GDP, the PM elaborated.
However, PM Dung also pointed out weaknesses and shortcomings faced by
such businesses, citing their low productivity, weak competitiveness,
scattered investments and limited application of scientific and
technological advances./.