PM hails socio-economic performances over two years
PM Nguyen Xuan Phuc on May 22 discussed socio-economic development issues in 2017 and tasks set for 2018 at a discussion within the framework of the 14th National Assembly's 5th working session.
The total GDP is expected to exceed VND7,000 trillion with the economic growth of 6.7%. The nation’s economic scale has jumped from 48th to 40th in the world.
Within two and a half years, Viet Nam’s foreign reserves increased from US$28 billion to US$64 billion.
The PM expressed his delight at the nation’s national competitiveness and business environment rankings.
He asked agencies to pay more attention to agriculture and rural development as 42% of laborers are living in rural areas while the agriculture and rural values only contribute 18% of GDP.
The Government chief proposed the National Assembly and the Government take measures to make drastic improvements in serving the people, and launch economic and administrative reforms.
PM Nguyen Xuan Phuc discusses socio-economic development issues in 2017 and tasks set for 2018 at a discussion within the framework of the 14th National Assembly's 5th working session, Ha Noi, May 22, 2018.
The PM highlighted the nation’s achievements in socio-economic performances, diplomacy, national defense and security and anti-corruption which have improved the nation’s status in the world and raised people’s belief.
During the 13rd National Assembly (2011-2016), Viet Nam’s public debt accounted for 64.8-65% of GDP while the public debt at present only makes up 61% of GDP.The total GDP is expected to exceed VND7,000 trillion with the economic growth of 6.7%. The nation’s economic scale has jumped from 48th to 40th in the world.
Within two and a half years, Viet Nam’s foreign reserves increased from US$28 billion to US$64 billion.
The PM expressed his delight at the nation’s national competitiveness and business environment rankings.
He asked agencies to pay more attention to agriculture and rural development as 42% of laborers are living in rural areas while the agriculture and rural values only contribute 18% of GDP.
The Government chief proposed the National Assembly and the Government take measures to make drastic improvements in serving the people, and launch economic and administrative reforms.
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