PM hails May socio-economic performance

Prime Minister Nguyen Xuan Phuc hailed the socio-economic performance in May as the best since early this year during the monthly government meeting in Hanoi on June 3. source

At the event (Source: VNA)

Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc hailed the socio-economic performance in May as the best since early this year during the monthly government meeting in Hanoi on June 3.

At the event, he asked the government’s working group to oversee the implementation of Directive 24 on measures to achieve a 6.7 percent growth while ministries and agencies concerned must clear business obstacles.

The State Bank of Vietnam was assigned to achieve a credit growth of more than 18 percent this year by offering suitable credit packages for housing and consumption.

He urged ministries and agencies to give feedback on the resolution on disbursement for basic construction projects so that it could be adopted soon.

The leader agreed with the Ministry of Planning and Investment (MoPI)’s proposal to establish a group to inspect private and foreign-invested projects in localities.

According to him, another Directive will be signed into action in order to continue to untie knots faced by businesses.

In compliance with the Resolution adopted by the 12th Party Central Committee’s fifth plenum, he requested the MoPI devise an action plan to fine-tune socialist-oriented market economy mechanisms and another Resolution on developing the private economy.

The Finance Ministry was tasked with issuing an action plan to implement the Resolution on restructuring, renovating and improving the efficiency of State-owned enterprises.

The ministries of Public Health, Home Affairs and Planning and Investment must pay attention to the progress of outlining reports to submit to the Party Central Committee’s sixth plenum.

In the morning session, PM Phuc asked for political determination and feasible measures to achieve a 6.7 percent growth set for this year.

Accordingly, agriculture must grow 3.05 percent, in which farm produce export must rake in 33 billion USD. Industry should expand by 7.91 percent, with mining, manufacturing and engineering, electricity and construction up 10.5 percent.

Services must grow 7.19 percent, in which tourism should hike more than 30 percent and serve over 13 million foreigners.

 The PM directed accelerating capital disbursement and speeding up equitisation of State-owned enterprises.-VNA

VNA