Prime Minister Nguyen Xuan Phuc speaks at the Cabinet meeting. (Photo: VNA)Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc on October 2 called forgreater efforts in the last three months of 2019 to complete the yearly targets,thus creating the premise for 2020 when Party congresses at all levels will beorganised, towards the 13th National Party Congress.
Speaking at the Government’s regular meeting, PM Phuc informed Cabinet membersabout the country’s socio-economic achievements in the January-Septemberperiod, with gross domestic product (GDP) expanding 6.98 percent – the highestlevel over the past nine years.
Total investment in society increased 1.3 percent, especially in the non-Stateand private sectors, he said, adding that the amount of disbursed foreigndirect investment (FDI) reached a record of some 14.22 billion USD.
According to the leader, state budget collection rose 10.3 percentyear-on-year. Meanwhile, the country’s trade surplus was estimated at nearly 6billion USD, the highest-ever number.
The processing and manufacturing industry continued to drive the nationaleconomy with a rise of 11.37 percent, PM Phuc said, noting that despite adverseimpacts of the African swine fever and climate change, along with therestructuring process, the agricultural sector still grew 1.2 percent.
It is noteworthy that the number of newly-established enterprises stood at therecord high of 102,000, PM Phuc said.
Marked achievements were also recorded in consumer services, tourism, culture,social affairs, national defence and security, and external relations, theleader added.
The country expects to fulfill all 12 major targets for the second consecutiveyear in 2019, including five goals exceeded, he stressed.
In spite of various difficulties and challenges, plus regional and globaluncertainties, Vietnam still climbed 15 places to rank eighth among the world’sbest economies for investment in 2019, PM Phuc said.
Such achievements are attributable to joint efforts by the entire political system,administrations at all levels, sectors and the business community, he affirmed.
The PM, however, pointed out limitations such as the slow disbursement ofpublic investment, which has completed only 45.1 percent of the target set bythe National Assembly.
Other problems included national disasters, diseases, especially the Africanswine fever, the increasing number of dissolved enterprises and a reduction inregistered FDI.
Given environmental pollution in Ho Chi Minh City and Hanoi, PM Phuc askedministers, heads of agencies and leaders of the two cities to seek specificsolutions to the issue.
At the meeting, the Ministry of Planning and Investment reported that theconsumer price index (CPI) in September rose 0.32 percent over the previous month.The figure stood at 2.5 percent in the first nine months of this year.
In the reviewed period, the service sector maintained its growth pace at about6.85 percent, contributing 42.6 percent to the national growth, with the lionshare made by the wholesale and retail sector.
Vietnam also welcomed nearly 13 million foreign tourists, up some 11 percentagainst the corresponding time last year.
At the meeting, Cabinet members are scheduled to deliberate investment capital allocationunder the 2019 plan, the Government’s draft resolution on capital disbursementacceleration, the implementation of the public investment plan in 2019 andpublic investment plan for 2020 and preparations for the eighth meeting of the14th National Assembly, among others./.
VNA
