Minister and Chairman of the Government Office Mai Tien Dung at the press conference (Photo: VNA)Hanoi (VNA) - The Vietnamese Government resolved to recordGDP growth of 2.5-3 percent this year at its recent monthly meeting, Ministerand Chairman of the Government Office Mai Tien Dung told a press conference onOctober 2.
To this end, Dung said Prime Minister Nguyen Xuan Phuc has askedministries and agencies to build a value chain model for each type of priorityproduct, removing difficulties for projects and propelling growth.
The State Bank of Vietnam was also urged to offer all possible supportto boost credit growth.
Highlighting bright spots in the economy in September, Dung said Vietnamhas successfully curbed two COVID-19 outbreaks and by now gone 30 days without anycommunity transmissions. The agriculture sector is likely to earn 41 billionUSD from exports this year. Amid the pandemic, the country still posted a tradesurplus of 17 billion USD.
Localities recently began the construction of three major works that arepart of the eastern section of the North-South Expressway project. Five other worksin the public-private partnership model under the project are expected to be launchedin October.
Disbursement of public investment capital in September and the first ninemonths of the year hit records. Total social investment was up 7.4 percent annuallyin the third quarter, with State sector investment up an impressive 21.5percent.
FDI topped 21 billion USD in the first nine months, while the consumerprice index rose 3.85 percent.
On the back of the 2.62 percent growth in the third quarter, the countrycould post a solid result this year, which would be a great effort given thatother ASEAN member states have posted negative growth, Dung said./.
To this end, Dung said Prime Minister Nguyen Xuan Phuc has askedministries and agencies to build a value chain model for each type of priorityproduct, removing difficulties for projects and propelling growth.
The State Bank of Vietnam was also urged to offer all possible supportto boost credit growth.
Highlighting bright spots in the economy in September, Dung said Vietnamhas successfully curbed two COVID-19 outbreaks and by now gone 30 days without anycommunity transmissions. The agriculture sector is likely to earn 41 billionUSD from exports this year. Amid the pandemic, the country still posted a tradesurplus of 17 billion USD.
Localities recently began the construction of three major works that arepart of the eastern section of the North-South Expressway project. Five other worksin the public-private partnership model under the project are expected to be launchedin October.
Disbursement of public investment capital in September and the first ninemonths of the year hit records. Total social investment was up 7.4 percent annuallyin the third quarter, with State sector investment up an impressive 21.5percent.
FDI topped 21 billion USD in the first nine months, while the consumerprice index rose 3.85 percent.
On the back of the 2.62 percent growth in the third quarter, the countrycould post a solid result this year, which would be a great effort given thatother ASEAN member states have posted negative growth, Dung said./.
VNA
