Government targets 6.8% in GDP growth in 2019

The Government will strive for gross domestic product (GDP) growth of 6.8 percent in 2019, according to a direction freshly inked by Prime Minister Nguyen Xuan Phuc.

Prime Minister Nguyen Xuan Phuc
Based on the gross regional domestic product (GRDP) in the first six months of this year, localities are required to estimate the figure for the whole year and forecast development prospects to identify a rational GRDP for 2019.

To reach the goal, the Government will accelerate administrative reforms and build a modern and professional administrative system to serve national development. 

Meanwhile wage reform will be sped up in line with the resolution adopted at the 7th plenary session of the 12th Communist Party of Vietnam Central Committee. The reform must ensure that payrolls encourage investment in human resources and greater labour productivity.

Regarding the settlement of complaints and denunciations, and corruption prevention, inspections should be enhanced in fields that pose risks like land management, public assets and construction using State funds. 

Examination, prosecution and trial will be carried out for serious economic frauds and punishment will be given to anyone who causes critical losses for the nation. 

The country will further efforts to consolidate security-defence and protect national independence, sovereignty and benefits. In addition, it will keep vigilant to defeat sabotage plots from hostile forces and prevent the establishment of opposing political organisations in the country.
Mời quý độc giả theo dõi VOV.VN trên

Related

Vietnam’s GDP projected to grow 7% in 2018
Vietnam’s GDP projected to grow 7% in 2018

Vietnam’s economy could grow by 7.02% in 2018 under a high growth rate scenario, according to the National Center for Socio-Economic Information and Forecast (NCIF).

Vietnam’s GDP projected to grow 7% in 2018

Vietnam’s GDP projected to grow 7% in 2018

Vietnam’s economy could grow by 7.02% in 2018 under a high growth rate scenario, according to the National Center for Socio-Economic Information and Forecast (NCIF).

GDP not an ideal indicator for growth, says Nobel laureate
GDP not an ideal indicator for growth, says Nobel laureate

Joint winner of the 2004 Nobel prize in Economics, Prof. Finn Kydland, spoke to Viet Nam News about the Vietnamese economy and growth on the sidelines of the 2018 Recontres du Vietnam – a development initiative that has brought world-renowned scientists to Vietnam for discussions since 1993.

GDP not an ideal indicator for growth, says Nobel laureate

GDP not an ideal indicator for growth, says Nobel laureate

Joint winner of the 2004 Nobel prize in Economics, Prof. Finn Kydland, spoke to Viet Nam News about the Vietnamese economy and growth on the sidelines of the 2018 Recontres du Vietnam – a development initiative that has brought world-renowned scientists to Vietnam for discussions since 1993.

IMF forecasts Vietnam’s GDP to grow 6.6% in 2018
IMF forecasts Vietnam’s GDP to grow 6.6% in 2018

VOV.VN - The International Monetary Fund (IMF) has recently forecast Vietnam’s economy to grow at 6.6% this year and 6.5% the following year in a report “World Economic Outlook, April 2018”.

IMF forecasts Vietnam’s GDP to grow 6.6% in 2018

IMF forecasts Vietnam’s GDP to grow 6.6% in 2018

VOV.VN - The International Monetary Fund (IMF) has recently forecast Vietnam’s economy to grow at 6.6% this year and 6.5% the following year in a report “World Economic Outlook, April 2018”.