Hanoi (VNA) – Government members looked into socio-economic performance inJuly and seven months during a regular meeting in Hanoi on August 3.
TheMinistry of Planning and Investment (MoPI) said the consumer price index inJuly was up 0.31 percent from December 2012 and 0.11 percent from the previousmonth. Credit growth was up 8.92 percent and 8.02 percent, respectively fromDecember 2016 and last year’s same period.
Industrialproduction expanded by 6.5 percent while manufacturing and processing grew by 10.6percent. The total retail and services recorded a 10 percent growth.
Asmany as 7.24 million foreigners visited Vietnam during the period, marking a28.8 percent increase year-on-year.
Thetotal new and additional FDI capital was estimated at 21.9 billion USD in sevenmonths, up 52 percent annually. The disbursement rose 5.8 percent to 9 billionUSD.
Concludingthe meeting, Prime Minister Nguyen Xuan Phuc urged for drastic and synchronousactions to be taken between now and the year’s end to achieve set targets,improve business climate and build a constructive and service-orientedadministrative system.
Heassigned specific tasks to ministries and agencies. Accordingly, the MoPI mustbe responsible for updating growth scenario to submit to the PM before August20 to devise proper policies towards each sector.
The PM asked the State Bank of Vietnam tocontinue adjusting the monetary policy towards reducing lending interests andincreasing the credit outstanding balance by at least 20 percent.
He ordered the Ministry of Industry and Trade todevelop the domestic market strongly and speed up trade promotion.
The gross domestic product (GDP) of theagricultural sector is expected to expand by three percent this year, while theexports of farm product and food should be 33 billion USD or higher.
He pointed to slow equitisation of State-owned enterprises, asking forscreening bottlenecks, handling stringently violations, and divesting Statecapital in listed enterprises.
The PM requested ministries, sectors andlocalities to seriously implement the conclusions of the Party GeneralSecretary, head of the Party Central Committee on Corruption Prevention andCombat, to contribute to building a transparent government.
It is necessary to increase inspections of theimplementation of the Government’s policies and directions as well as implementeffectively dialogue channels and handle information from people and businessesvia governmental and ministerial portals, he said.-VNA
The draft law on amendments and supplements of laws on business and investment drew attention from Cabinet members at the Government’s regular meeting in Hanoi on August 1.
Prime Minister Nguyen Xuan Phuc directed all ministries, sectors and localities to make maximum efforts to achieve socio-economic targets set by the National Assembly in 2016.
Vietnam saw good socio-economic development indexes in the first six months of 2017, Prime Minister Nguyen Xuan Phuc affirmed at the Government’s regular meeting on July 3.
Prime Minister Nguyen Xuan Phuc discussed various issues while chairing the Government’s regular meeting for July in Hanoi on August 3, asking officials to take measures to ensure their sectors and agencies reach this year’s growth targets.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
The General Secretary underlined the resolve to achieve a growth rate of at least 8% in 2025, laying the groundwork for double-digit growth in the following period. He noted that these are mandatory targets, with no alternative path to success.
Restructuring and improving the quality of officials, civil servants, and public employees is no longer a choice, but an urgent requirement to transition from administrative management to governance in service of the people.
The Vietnamese Embassy in Israel has advised Vietnamese people living there to proactively prepare and seek ways to leave the country via land border crossings, especially toward Jordan or Egypt, when security and safety conditions allow.
Prime Minister Nguyen Xuan Phuc (Photo: VNA)
