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Jul 30, 2014 / 14:03

No adjustments to targets for 2014

At a monthly Cabinet meeting which opened in Hanoi on July 30, Prime Minister Nguyen Tan Dung asked Cabinet members to examine the state of the economy and the government’s performance in the past seven months and outlook for the remaining five months, without adjusting targets set for 2014.

Priority will be given to addressing issues relating to economic restructuring, GDP growth, macroeconomy, and solutions for easing business difficulties.

It is necessary to work out feasible solutions for realising the 5.8% growth target for 2014, ensuring macro-economic stability, containing inflation, increasing the economy’s aggregate demand and credit growth, and reducing non-performing loans, he said.
 


During the July 30-31 meeting, Cabinet members discuss measures to meet targets set for 2014 (Photo: Nhat Bac)

The PM asked for specific measures to ease business difficulties, especially those related to tax, customs and land procedures.  

A Ministry of Planning and Investment report shows that Vietnam has maintained steady economic growth in July and the first seven months of the year. It still kept inflation under control, stabilised market prices, enjoyed a trade surplus, and revved up industrial production.

At the meeting, PM Dung reminded relevant ministries and agencies to ensure safety for more than 1,500 Vietnamese workers in Libya amidst growing concern about escalating conflicts there.  

During the two-day meeting, Cabinet members are to give opinions on a number of bills, including those on special consumption tax, occupational safety and health; natural resources, sea and islands; and military service.