PM urges more optimal support to businesses in gov’t meeting
Prime Minister Nguyen Xuan Phuc chaired the government’s monthly meeting in Hanoi on November 3, urging further support for businesses.
Prime Minister Nguyen Xuan Phuc chaired the government’s monthly meeting in Hanoi on November 3. (Photo: VNA)Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc chaired the government’s monthly meeting in Hanoi on November 3, urging further support for businesses.
Before the opening of the meeting, he presented the President’s Decision to appoint two new government members, Transport Minister Nguyen Van The and Government Inspector General Le Minh Khai. The PM expressed his hope that they will make important contributions to the success of the government and the nation.
In his opening speech, PM Phuc lauded ministries, agencies and localities for tackling difficulties and improving the business climate, particularly in preparing for the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting scheduled for November 6-11 in the central city of Da Nang.
He noted with delight that the World Bank recently upgraded Vietnam’s from the 82nd to 68th place in terms of business climate, saying the rankings are based on criteria regarding electronic taxation procedures and electronic procedures settlement.
The PM added that the credit rating agency Moody’s also lifted Vietnam’s banking services outlook from stable to positive, a positive sign for the banking and credit sector.
According to him, the economy in October performed the most positively since early this year. The index of industrial production rose by 17 percent, led by manufacturing and processing.
Exports kept growing in the month, with farm produce and currency key earners. Trade surplus hit 1.23 billion USD in the first ten months.
During October, 105,000 firms were established.
On flooding that caused serious losses in several localities, he asked Deputy Prime Minister Trinh Dinh Dung and Minister of Agriculture and Rural Development Nguyen Xuan Cuong to go to the south central region soon to direct recovery.
The PM called for tackling excessive fee collection in primary schools, delayed disbursement of basic investment capital, and other socio-cultural and environmental issues.
The leader requested government members discuss socio-economic goals 2018 in line with the resolution by the Party Central Committee and the National Assembly’s resolution, towards refining Resolution 01 of the government.
Participants are also due to debate 16 other important contents, including building policies and mechanisms for Ho Chi Minh City.-VNA
You should also see
Airports to offer 9,000 domestic flights during upcoming holidays
Vietnamese airlines are expected to operate 9,000 flights on domestic routes to meet the travel demand during the upcoming National Reunification Day (April 30) and May Day (May 1) holidays, according to the Airports Corporation of Vietnam (ACV).
See more
Business
Vietnam’s rice exports may exceed 2024 target
With positive results recorded so far, Vietnam can exceed its target of 7.6 million tonnes in rice export volume set for 2024, Nguyen Ngoc Nam, Chairman of the Vietnam Food Association, said at a conference in the Mekong Delta city of Can Tho on April 26.
Business
Ample room for Quang Ninh to attract FDI
The northeastern province of Quang Ninh has ample room to attract foreign direct investment (FDI) and realise the goal of attracting 3 billion USD in FDI this year and 10 billion USD in the 2020-2025 period.
Business
Long An, Dong Nai introduce strengths in RoK
The southern province of Long An and Dong Nai introduced their investment climate as well as socio-economic development orientations at an investment promotion conference held in the Republic of Korea (RoK) on April 26.
Business
Vietnam makes initial efforts to approach creative industries: CIEM
Vietnam has made initial efforts to approach creative industries and services, particularly a policy framework related to creative economy development, according to a new report released by the Central Institute for Economic Management (CIEM).
Business
HCM City wants to become major partner, customer of NVIDIA: Official
Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai has told the Vice President of Worldwide AI Initiative at NVIDIA, Keith Strier that the city wants to become a major and good partner and customer of the firm in Vietnam.
