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Submitted by ctv_en_5 on Sun, 11/04/2007 - 14:00
Prime Minister Nguyen Tan Dung has asked ministries, sectors and localities to take drastic measures to achieve this year’s targets, including a gross domestic product (GDP) growth rate of 8.5 percent.

The Government leader made the request at a regular cabinet meeting in Hanoi on November 3, emphasising the need to control price hikes and speed up production and business activities.


He pointed to the need for concerted effort to push up administrative reform, anti-corruption fight, infrastructure upgrade and human resource development in the remaining months.


At the meeting, cabinet members heard reports on socio-economic issues, domestic market and export-import activities in October and in the first 10 months of the years.

They also discussed solutions to remove obstacles in infrastructure construction, as well as matters related to inspection work, anti-corruption fight and administrative reform.


Reports presented by the Ministry of Planning and Investment showed that the country’s industrial production value for the first 10 months of the year rose to VND468 trillion, a year-on-year increase of 17 percent.


The private sector topped out at a year-on-year rise of 20.8 percent, followed by the foreign-invested sector (18.2 percent) and state-owned sector (10.3 percent).

Vietnam has so far this year attracted US$11.26 billion in foreign direct investment (FDI), up 36.4 percent over the same period last year, according to the ministry.

The country fetched close to US$4.2 billion from exports in October, bringing the ten-month export value to more than US$39 billion, a rise of 18.6 percent year on year.

VOVNews/VNA

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