Under growing uncertainties in both the domestic and international contexts, greater attention should be paid to mitigating risks facing public finance and the financial sector, stated the World Bank.
The dual target of both containing the Covid-19 pandemic and boosting economic recovery continues to be Hanoi’s utmost priority, said Hanoi’s mayor.
For this year, the city targets an economic growth rate in a range of 4.5% - 5% to ensure an expansion 1.3 times the national average.
ASEAN affirmed its priorities in maintaining the movements of goods and services, and cooperation is the key to help the bloc overcome the pandemic.
Vietnam has been successful in realizing the dual target of both containing the pandemic and boosting economic growth, which has translated into higher economic performance in September.
At present, Hanoi gives utmost priority to containing the Covid-19 pandemic while continuing strong efforts in improving the business environment and addressing businesses’ concerns.
The city would speed up the public investment progress to ensure the disbursement of 100% of the target amount for this year.
The Covid-19 resurgence in July deals a further blow to the business community and the overall recovery efforts.
The ministers also expect to conclude the negotiation process and the signing of the Regional Comprehensive Economic Partnership (RCEP) by the end of this year.
Hanoi would hold an online conference later this month to accelerate disbursement of public investment funds, stated Vice Chairman of the city government.