Cabinet members discuss socio-economic performance

(VOVworld) – On Thursday Prime Minister Nguyen Xuan Phuc chaired a meeting on Vietnam’s socio-economic performance in May and over the past five months.

Cabinet members discuss socio-economic performance - ảnh 1
The first day of the Cabinet’s monthly meeting for May in Hanoi on June 1, 2016.
(Photo: VGP/Quang Hieu)

The Ministry of Planning and Investment reported positive results in inflation control, interest rates, the foreign currency market, FDI attraction, employment, and social welfare. According to the report, political security and social order were maintained and traffic safety and efficiency improved.

The most outstanding achievement of Vietnam’s economy was foreign direct investment. Disbursed capital reached 5.8 billion USD and newly registered capital reached 10.2 billion USD. Vietnam licensed nearly 45,000 new projects worth almost 15.5 billion USD.

At the meeting, PM Phuc underlined this year’s biggest tasks: 6.7% overall growth, export growth of more than 10%, and an inflation rate of less than 5%. He asked the agencies involved to find ways to address the current problems, reach the growth targets, and stabilize the macro-economy.




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