Int’l organisations upbeat on Vietnam’s development prospects: PM

Many prestigious international organisations and experts have highly valued Vietnam’s development achievements and prospects, Prime Minister Pham Minh Chinh told a government meeting in Hanoi on August 3.
Int’l organisations upbeat on Vietnam’s development prospects: PM ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – Many prestigiousinternational organisations and experts have highly valued Vietnam’sdevelopment achievements and prospects, Prime Minister Pham Minh Chinh told agovernment meeting in Hanoi on August 3.

The leader cited forecast by Standard Chartered,VinaCapital, Hongkong and Shanghai Banking Corporation Limited (HSBC), and theAsian Development Bank (ADB) as saying Vietnam’s GDP will grow from 6.5% to6.9% this year.

Vietnam has maintained macro-economic stability andmajor balances, and put inflation under control, creating an importantfoundation for rapid, sustainable socio-economic recovery and development, heemphasised.

Regarding tasks and solutions in the time ahead, thePM asked ministries and agencies to implement their set tasks and plans, and tackleboth pending and emerging issues.

Priorities should be given to consolidatinginstitutions, he said, urging ministries, agencies and localities to focus onsocio-economic recovery and development, economic restructuring, growth modelreform and improving the economy’s resilience, along with cultural development,environmental protection, national defence and security, external affairs, andthe communication work.
Int’l organisations upbeat on Vietnam’s development prospects: PM ảnh 2At the government meeting (Photo: VNA)
Given the huge tasks ahead, the PM highlighted the roleof heads of agencies, and the need to keep a close watch on the situation andset out feasible targets and solutions.

The Ministry of Planning and Investment reported atthe meeting that the domestic monetary market has remained stable with creditgrowth of 9.42%. Budget collection in the first seven months of this year fulfilled77.8% of the estimate and rose 18.1%.

The index of industrial production (IIP) expanded8.8% during the seven-month period, and the rise was seen in 61 out of the 63cities and provinces.

Export-import also increased 14.8%, with export up16.1% and import up 13.6%, and a trade surplus of 764 million USD.

Regarding the COVID-19 pandemic, the Ministry of Healthsaid the country recorded more than 9 million cases between January and July,of which some 8.5 million have recovered. The death toll stood at nearly 11,000or 0.1% of the caseload.

As of July 31, Vietnam administered more than 246million doses of COVID-19 vaccines, among the countries with the highestvaccination coverage worldwide as recognised by the World Health Organisation./.
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