economic challenges for next six months
NỘI — This year’s first national governmental e-meeting opened on Monday
morning with Prime Minister Nguyễn Xuân Phúc asking officials to focus on
solutions instead of boasting about past achievements.
Nguyễn Xuân Phúc said that the cabinet listed 18 particular issues that
needed serious discussion in the coming time. They included inflation
control, macroeconomic stabilisation, urban development and private economy
growth among others. — VNA Photo
between the central Government and localities aimed to review Việt Nam’s
socio-economic development in the first half of 2018 but also to work out
measures to handle weaknesses and problems in governmental management over
the next six months.
The PM said
the country’s development in 2018 has so far progressed across all sectors,
with the average gross domestic product growth of the first six months
standing at 7.08 per cent. The growth of the industrial, agricultural and
services sectors was all reported higher than during the same period last year.
Bank forecast Việt Nam’s growth this year at more than 6.8 per cent while
Fitch ranked Việt Nam as one of the fastest-growing economies in the
Asia-Pacific. But they were just their predictions and whether we can really
pull them off depends on our determination entirely,” Phúc told the officials.
that the cabinet listed 18 particular issues that needed serious discussion
in the coming time. They included inflation control, macroeconomic
stabilisation, urban development and private economy growth among others.
that we don’t talk much about our achievements but rather bring practical
solutions to the localities’ and the country’s problem,” he said.
put major pressure on the Government as the consumer price index (CPI) shot
up in the first six months this year, standing at 0.61 per cent on average–
the highest rate recorded over the last seven years.
To hold the
inflation rate at no higher than 4 per cent, the PM affirmed that the
Government would not increase the electricity price this year while medical
services were unlikely to see any price hike unless certain conditions were
growth was not the only concern of the Government. Phúc told the officials
that risks could undermine the country’s development in the coming time,
including natural disaster, social security and other pressing social issues
like traffic safety, food safety and corruption.
He cited the
riot in Bình Thuận Province last month as an example showing the importance
for other localities to ensure security and social order in order to protect