Speaking on January 15 at the ministry’s conference to implement 2018 tasks, Prime Minister Nguyen Xuan Phuc asked the Ministry of Planning and Investment to offer the Government solutions to boost economic development and turn Vietnam into a “new tiger” of Asia.
The PM urged to closely watch socio-economic development
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The PM urged the ministry to closely watch socio-economic development to raise measures to meet growth targets this year.
Minister of Planning and Investment Nguyen Chi Dung said that the socio-economic development in 2017 would create the impetus for the country to enter a new period of growth, one more efficient, sustainable and inclusive.
“The way towards innovation and development is still long, ahead with difficulties and challenges which require great effort to overcome,” Dung said.
The ministry was striving to enhance public management and improve the investment climate to promote production and efficiently attract private and direct foreign investment resources, he added.
Vietnamese Government encourages investment for economic development
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This year, the Vietnamese economy was expected to face a lot of difficulties from the uncertainty in the global economy, the return of protectionism, climate change, international integration and the fourth industrial revolution, Trung said.
However, opportunities abound, given the Government’s efforts to promote innovation associated with the industry 4.0 and enhance productivity and national competitiveness, he added.
“The core is maintaining macroecnomic stability and taking advantage of every opportunity to create breakthroughs,” he stressed.
Trung said that the ministry would focus on studying policies to effectively raise every resource for development investment as well as solutions to hasten economic restructuring in line with renovating the growth model and enhancing growth quality.
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