Seminar looks into driving forces of Vietnamese economy

A scientific seminar on driving forces of the Vietnamese economy took place in Hanoi on November 15, attracting domestic and foreign experts.
Seminar looks into driving forces of Vietnamese economy ảnh 1(Photo: laodong.vn)

Hanoi (VNA) – A scientific seminar on drivingforces of the Vietnamese economy took place in Hanoi on November 15, attractingdomestic and foreign experts.

Addressing the event, Deputy Prime Minister Vuong Dinh Huestressed the need to launch an inclusive strategy for comprehensive andhuman-oriented growth apart from stabilising macro-economy and integrating intothe global economy.

According to him, rapid and sustainable development is setin the document of the 12th National Party Congress with a view tonarrowing development gap with other countries.

He hoped that delegates will point out driving forces of thedomestic economy and reasons for loose linkage and uneven growth betweendomestic and foreign investment sectors.

Director of the Vietnam Academy of Social Sciences NguyenQuang Thuan said Vietnam has been going through almost half of the 2016-2020socio-economic development path.

This year, private investment is expected to rise 16 percentcompared to 10 percent in 2016, he said, adding that improved labourproductivity and economic efficiency are attributable to the policy ofimproving business climate, cutting administrative procedures and corporatecosts, and considering private economy an important driving force of theeconomy.

Participants shared the view that the government’s goals forthe next five years are heavy so that measures to boost growth for the comingyears are of significance.-VNA
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