Workers weld car frames at the factory of the Ford Vietnam Co. Ltd in Hai Duong province (Photo: VNA) Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has issued Directive 09/CT-TTg, specifying solutions to remove obstacles to production and business activities so as to achieve this year’s growth target.
In this directive, he made clear that the gross domestic product (GDP) growth rate of 6.79 percent in the first quarter of 2019 was lower than the predicted scenario.
Difficulties hampering economic growth have appeared, he said, noting that the expansion of processing and manufacturing has slowed down; the export of some key commodities has dropped; the disbursement of public investment capital, especially for major projects, has yet to meet expectations; while animal diseases, particularly African swine fever, have become complicated.
Therefore, to attain this year’s growth target of 6.8 percent, tasks for the remaining months, including tackling hindrances to production and business and promoting economic growth, are “very heavy”, requiring stronger efforts by all sectors and authorities at all levels, PM Phuc emphasised.
He asked ministers, heads of governmental agencies, chairpersons of provincial-level localities’ administrations, and State-owned enterprises to concertedly and effectively implement tasks and solutions.
Noting seven solutions to facilitate production and business activities and economic growth, the directive underlined the need to step up institutional building.
It pointed to the necessity to strongly improve the investment and business climate, substantively reduce business conditions, reform administrative procedures, and remove production and business bottlenecks so as to create momentum for enterprises’ expansion.
Other solutions include taking drastic measures to control animal diseases; fostering agro-forestry-fishery development to serve export; and accelerating the disbursement of capital for big industrial projects.
The Government leader also demanded synchronous measures be carried out to fully tap into the domestic market and fuel export growth; tourism be developed strongly to help boost other production and service sectors; and national conferences be held to seek ways bolstering growth.-VNA
VNA
