PM works with Party Central Economic Commission

Vuong Dinh Hue, head of the commission announced that in 2013, the commission focused on developing personnel mechanism and implementing five groups of tasks under the assigned mandates.

Notably, delegates focused on giving opinions on the establishment of a steering committee to review the five years since implementing the resolution adopted at the sixth plenum of the Party Central Committee (tenth tenure) regarding the perfection of the socialist oriented-market economy mechanism.

In his speech, PM Dung affirmed the Party’s comprehensive leadership which focuses on developing the economy in the interests of the people.

He hailed the commission’s efforts in revamping personnel mechanism, fulfilling the assigned tasks and making positive contributions to the Party leadership over the past year.

He added that in order to fulfill the role of economic evaluation and consultancy, the commission should encourage scientists and relevant agencies to provide proper recommendations to the Party and the State for the country’s sound socio-economic development.

The Government has always supported and co-ordinated with the commission to boost national economic development, the Government leader added.

He agreed on the establishment of a steering committee and asked the Ministry of Planning and Investment (MPI) to devise orientations for developing a socialist oriented-market economy for a prosperous, civilized, democratic and fair nation.

The PM recognised that one of the most important factors is to obey the laws of the market. In particular, the State should use economic tools to regulate the market to ensure equality and social advancement to support the poor and social policy beneficiaries to reduce the margin between the rich and the poor.

The socialist oriented-market economy mechanism is considered the most important factor in perfecting market economy mechanisms aiming to promote democracy in the national economy, he concluded.