Covid-19 pandemic basically under control, positive signals recorded in July
Prime Minister Nguyen Xuan Phuc said the new Covid-19 outbreak in Da Nang has been basically put under control after 174 cases linked to the central city have been confirmed in seven localities and cities over the past day.
Prime Minister Nguyen Xuan Phuc (standing) presides over the Cabinet meeting on August 3, 2020. Photo: VGP
Concluding the Cabinet meeting on Monday morning, the Government chief said the country is experienced enough to control the newly-emerged oubreak while having been able to matain macro-economic stability.
Total retail sales of goods and services continued recovery in July, expanding 3.3% from the previous month and 4.3% against the same period last year thanks to introduction of a series of measures to stimulate domestic consumption and tourism.
Trade surlus reached a four-year high of US$6.5 billion in the first seven months. In July alone, exports to the US and China increased by 15% to US$37.9 billion and 18.4% to US$23.5 billion, respectively, said Phuc.
Foreign investment inflows stood at US$10.1 billion in July, bringing the total volume to US$18.8 billion in the January-July period.
Meanwhile, disbursed volume of public investment capital reached nearly 52% of this year’s plan, the PM said.
He however warned of three risks, namely complex evolution of the Covid-19, escalating trade tensions between a number of countries, and natural disasters that have affected economic recovery.
Given the above background, Phuc reiterated the Government’s determination to continue pursuing the dual goal of containing the Covid-19 pandemic and spuring economic recovery.
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