Prime Minister Nguyen Xuan Phuc is speaking (Source:VNA) Hanoi (VNA) - Focusing on businessproduction development and creating a healthier business environment remainmajor requirements for all departments and sectors, Prime Minister Nguyen XuanPhuc said.
He made the statement at the cabinet meeting in Hanoi on March 1.
The Prime Minister said many countries in the world are adjusting their economicpolicies, including reducing corporate income tax, increasing imported goodstax and setting up trade barriers. Such factors would certainly impact Vietnam’seconomic prospect.
Thus, he urged economic restructuring,increasing labour productivity, attracting more foreign investment, improvingdomestic production efficiency and better Government policies in socio-economicmanagement in the context of the fourth industrial revolution.
The PM called for bottlenecks in productionof small-and medium-sized enterprises to be removed to drive growth in 2018.
He expressed his delight at seeing business activities promptly resuming afterthe festival.
Regarding the country’s development inFebruary, the PM said despite the week-long Tet holiday, the macro economy, aswell as interest and foreign exchange rates remained stable.
February’s consumer price index (CPI) increased by 0.73 percent, with food andcatering services up 1.53 percent. The index in the first two months of thisyear rose by 2.9 percent year-on-year.
The leader also commented on exports inFebruary, which stood at some 13.4 billion USD, raising the total export valuein the two months to 33.6 billion USD, up nearly 23 percent year-on-year. Thenumber of foreign visitors to Vietnam was 1.43 million, increasing by 19.4 percentcompared to last year’s period.
He recognised achievements in various fields from foreign direct investmentdisbursement, business establishment, social welfare and rural development todefence-security.
However, he warned about fluctuations in global prices and asked ministries anddepartments to maximise efforts to curb inflation and ensure macro-economicstability.- VNA
He made the statement at the cabinet meeting in Hanoi on March 1.
The Prime Minister said many countries in the world are adjusting their economicpolicies, including reducing corporate income tax, increasing imported goodstax and setting up trade barriers. Such factors would certainly impact Vietnam’seconomic prospect.
Thus, he urged economic restructuring,increasing labour productivity, attracting more foreign investment, improvingdomestic production efficiency and better Government policies in socio-economicmanagement in the context of the fourth industrial revolution.
The PM called for bottlenecks in productionof small-and medium-sized enterprises to be removed to drive growth in 2018.
He expressed his delight at seeing business activities promptly resuming afterthe festival.
Regarding the country’s development inFebruary, the PM said despite the week-long Tet holiday, the macro economy, aswell as interest and foreign exchange rates remained stable.
February’s consumer price index (CPI) increased by 0.73 percent, with food andcatering services up 1.53 percent. The index in the first two months of thisyear rose by 2.9 percent year-on-year.
The leader also commented on exports inFebruary, which stood at some 13.4 billion USD, raising the total export valuein the two months to 33.6 billion USD, up nearly 23 percent year-on-year. Thenumber of foreign visitors to Vietnam was 1.43 million, increasing by 19.4 percentcompared to last year’s period.
He recognised achievements in various fields from foreign direct investmentdisbursement, business establishment, social welfare and rural development todefence-security.
However, he warned about fluctuations in global prices and asked ministries anddepartments to maximise efforts to curb inflation and ensure macro-economicstability.- VNA
VNA
