Prime Minister Nguyen Xuan Phuc speaks at the meeting. (Photo: VNA)Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has called for greater efforts to restart the national economy with the aim of achieving a GDP growth rate of over 5percent and keeping inflation under 4 percent this year.
PM Phuc announced the targets at a meeting withbusinesses on May 9 that was connected to 93 venues in provinces and cities across the country as well as ministries and sectors. It was also broadcast live by Vietnam Television (VTV).
To that end, the PM ordered focusing on attractinginvestment from domestic economic sectors, firstly the private sector, and foreigndirect investment (FDI), stepping up exports, promoting public capital disbursement, andencouraging domestic consumption.
The resolve is needed to overcome weaknesses and spurdevelopment, thus reaching the set targets, the government leader stressed.
He urged businesses, including the banking sector, tojoin hands in bolstering national development, saying the meeting must have concrete outcomes andreflect the spirit of removing difficulties faced by enterprises.
Authorities need to stoptroubling businesses and citizens with red-tape and administrative procedurehassles, he requested.
On this occasion, the PM tasked businesses with promoting patriotism and law respect, sharingdifficulties with the Government, staying united, cooperative, dynamic andcreative, and maintaining determination.
Localbusinesses need to contribute to the country's growth so that the national economy could develop in accordance with the V shape but not the U or W shapes, said PM Phuc.
Hehighlighted the goal of turning Vietnam into a prosperous nation in 2045 set indraft documents to be submitted to the 13th National Party Congress, and expressedhis hope that there will be Vietnamese firms in the list of the world's 500 biggest enterprises by that time.
Vietnamhas huge, sustainable growth potential for the long term, he said, adding thatthe country is among economies considered safe in the post-COVID-19 period, with tens of freetrade agreements with the world’s 38 biggest markets.
Theleader asked domestic businesses to optimize opportunities generated by the transformof value chains during which Vietnam has been regarded as the centre.
Vietnamgrew 3.82 percent in the first quarter of this year, the lowest over the pastdecade, he said, but noting that it was the highest among the Association of SoutheastAsian Nations (ASEAN).
ThePM reiterated the duo target of fighting the pandemic and maintaining economicactivities, along with administrative reform and restructuring.
Thecountry has reported no new COVID-19 within the community over the past 23days, he said, attributing the result to public support and sound, drastic,prompt and synchronous decisions and policies adopted by the Party and State tocontain the acute respiratory disease.
Themeeting looked into the implementation of policies that have been rolled out toassist domestic enterprises in operation and epidemic prevention and control.
Initiativesand proposals raised by enterprises, experts and people regarding necessary solutionsto help businesses recover and develop after the pandemic passes were collectedfor the issuance of an action plan or a resolution of the Government to restartthe national economy./.
To that end, the PM ordered focusing on attractinginvestment from domestic economic sectors, firstly the private sector, and foreigndirect investment (FDI), stepping up exports, promoting public capital disbursement, andencouraging domestic consumption.
The resolve is needed to overcome weaknesses and spurdevelopment, thus reaching the set targets, the government leader stressed.
He urged businesses, including the banking sector, tojoin hands in bolstering national development, saying the meeting must have concrete outcomes andreflect the spirit of removing difficulties faced by enterprises.
Authorities need to stoptroubling businesses and citizens with red-tape and administrative procedurehassles, he requested.
On this occasion, the PM tasked businesses with promoting patriotism and law respect, sharingdifficulties with the Government, staying united, cooperative, dynamic andcreative, and maintaining determination.
Localbusinesses need to contribute to the country's growth so that the national economy could develop in accordance with the V shape but not the U or W shapes, said PM Phuc.
Hehighlighted the goal of turning Vietnam into a prosperous nation in 2045 set indraft documents to be submitted to the 13th National Party Congress, and expressedhis hope that there will be Vietnamese firms in the list of the world's 500 biggest enterprises by that time.
Vietnamhas huge, sustainable growth potential for the long term, he said, adding thatthe country is among economies considered safe in the post-COVID-19 period, with tens of freetrade agreements with the world’s 38 biggest markets.
Theleader asked domestic businesses to optimize opportunities generated by the transformof value chains during which Vietnam has been regarded as the centre.
Vietnamgrew 3.82 percent in the first quarter of this year, the lowest over the pastdecade, he said, but noting that it was the highest among the Association of SoutheastAsian Nations (ASEAN).
ThePM reiterated the duo target of fighting the pandemic and maintaining economicactivities, along with administrative reform and restructuring.
Thecountry has reported no new COVID-19 within the community over the past 23days, he said, attributing the result to public support and sound, drastic,prompt and synchronous decisions and policies adopted by the Party and State tocontain the acute respiratory disease.
Themeeting looked into the implementation of policies that have been rolled out toassist domestic enterprises in operation and epidemic prevention and control.
Initiativesand proposals raised by enterprises, experts and people regarding necessary solutionsto help businesses recover and develop after the pandemic passes were collectedfor the issuance of an action plan or a resolution of the Government to restartthe national economy./.
VNA
