(VOVworld) - Prime Minister Nguyen Tan Dung has chaired a monthly government meeting to review social economic development. Cabinet members praised economic recovery with latest GDP growth rate of 6.5% so far this year.

The 4-year record high means a 6.5% growth rate for the whole year is very likely. More than 68,300 businesses have started up with nearly 430 trillion dong of capital.
Prime Minister Nguyen Tan Dung said new poverty reduction criteria for rural areas must be feasible and agreed to submit the National Assembly a flexible plan to issue bonds offshore: “Agricultural reform must be promoted to improve people’s living standards. Ministers must accelerate state owned enterprises reform, resettlement of non-performing loans while restructuring the banking sector. Administrative reform must be boosted to create favorable investment environment. The Ministry of Finance should ensure tax, customs, and insurance equal to ASEAN-4 level.”