PM Nguyen Xuan Phuc speaks at the meeting. (Photo: VNA)Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc on August 1 said that thenational socio-economic situation experienced positive changes in July.
Addressing the Government’s regular meeting in Hanoi on August 1, the leadersaid the consumer price index (CPI) in the month increased 0.18 percent ascompared with June.
During the January-July period, the index went up 2.61 percent year-on-year,the lowest seventh-month rise over the past three years, he noted.
PM Phuc also highlighted the progress in State budget collection, agriculture,social welfare, employment, poverty reduction, health care, education andtourism, adding that foreign tourists to Vietnam expanded nearly 8 percent inJuly.
Vietnam’s Purchasing Managers’ Index (PMI) climbed from 52.5 points in June to52.6 points last month, making the country rank second in the Association ofSoutheast Asian Nations (ASEAN) in the rankings, only after Myanmar with 52.9points, he said.
Despite global economic difficulties, international organisations like theAsian Development Bank (ADB), the International Monetary Fund (IMF) and theWorld Bank (WB) still have an upbeat outlook on Vietnam’s growth, the PM added.
The leader pointed out difficulties facing the agricultural sector, the approachingStorm Wipha, the prolonged drought in the central and Central Highlands regionsand the outbreak of African swine fever (ASF).
He, therefore, asked the Government members to focus their attention on theseissues in order to work out countermeasures at an early date.
PM Phuc stressed the need to deal with the slow progress of some keyindustrial, energy and transport projects by the end of this year, as well asshortcomings in the disbursement of capital investment sourced from the Statebudget, and production and business activities, especially those facing small- andmedium-sized enterprises.
During the meeting, the Government members will also look into bottlenecks ininvestment of businesses under the wing of the Committee for Management ofState Capital at Enterprises and the master plan on socio-economic developmentat mountainous, ethnic minority-inhabited and disadvantaged areas for 2021-2025,and other issues.-VNA
VNA
