Economic restructuring should be channelled more specifically to realise the socio-economic targets set by the National Assembly, not only for 2018 but also for the following years, said Minister of Planning and Investment Nguyen Chi Dung.
Vietnam expects to earn more than 212 billion USD from exports this year, much higher than 176 billion USD last year, said head of the Ministry of Industry and Trade (MoIT)’s Planning Department.
A report on the implementation of the 2017 socio-economic development plan forecasts 5 of the 13 socio-economic development targets for 2017 will be surpassed, and 8 others will be achieved.
Vietnam is likely to fulfil all 13 socio-economic targets set for the whole year, backed by the economic performance in the first nine months of 2017, said Prime Minister Nguyen Xuan Phuc at the fourth session of the 14th National Assembly that opened in Hanoi on October 23.
PM Nguyen Xuan Phuc affirms that the Government will continue to protect the business community and their legitimate rights and interests, while working harder to reduce costs and interest rates to help enhance domestic firms’ competitiveness.
If development tasks are not implemented in a drastic manner in September and the fourth quarter of 2017, they might not be achieved, Prime Minister Nguyen Xuan Phuc said at the Government’s August regular meeting on August 30.
Prime Minister Nguyen Xuan Phuc has asked the southern province of Ba Ria – Vung Tau to review socio-economic targets for higher and more comprehensive growth in 2017.
The PM has assigned specific socio-economic targets in 2017 to five ministries, with the Ministry of Planning and Investment tasked to strive for a 6.7-percent growth and a 4-percent inflation.
The Prime Minister has assigned specific socio-economic targets in 2017 to five ministries, with the Ministry of Planning and Investment tasked to strive for a 6.7-percent GDP growth.
Ho Chi Minh City’s leaders and newly-elected lawmakers began a three-day session of the People’s Council on August 3 to discuss socio-economic targets.
The Ministry of Planning and Investment has been asked to take integrated solutions to realise this year’s socio-economic development targets, following a growth slowdown in the first six months.
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