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Jul 03, 2016 / 17:58

PM asks synchronous measures to reach economic growth target

To achieve an economic growth target of 6.7% this year, it is necessary to carry out synchronous measures which are focused on strengthening administrative disciplines at each ministry, agency and locality, the Prime Minister noted at the government’s online meeting with provinces and cities on July 1.

Prime Minister (PM) Nguyen Xuan Phuc chaired the government’s online meeting with provinces and cities in Hanoi on July 1.
 
Prime Minister Nguyen Xuan Phuc chairs the meeting.
Prime Minister Nguyen Xuan Phuc chairs the meeting.
During the meeting, the Government leader asked ministries and localities to take care of the living environment of the people following the environmental incident caused by Formosa Ha Tinh Steel Corporation. 
The Formosa Ha Tinh Steel Corporation officially apologised on June 30 to the Vietnamese Government and the people for the mass fish deaths in the central coastal provinces since early April. The company has promised to pay 500 million USD in compensation to the Vietnamese people.
The PM stressed that the environment cannot be ignored by reason of economic development and foreign investment.
The government appreciated the cooperation of authorities at different levels and different sectors in the fight against Formosa violations, PM Phuc said.
He asked the Ministry of Agriculture and Rural Development and relevant agencies to craft support policies to fishermen, especially in the affected areas while the Ministry of Natural Resources and Environment devised an environment fund to remedy the environmental areas damaged by Formosa’s toxic waste. 
Priority must be given to long-term support for local seamen to have a means of subsistence, according the PM.
PM Phuc said that support needs to be given to offshore fishing for long-term and sustainable effectiveness, asking concerned ministries to give direct support to seamen suffering from losses due to the fish deaths. 
The PM requested that the plan to use the 500 million USD received as compensation from Formosa should be completed by the end of this month. 
The most important task is ensuring Formosa commits to not repeating its faults, otherwise the company would be closed, he noted.
Giving instructions for socio-economic development tasks in July and the remaining months of this year, the PM affirmed that the Government will continue completing institutions, law and policies, and facilitating the growth of enterprises, while the government’s determination is to step up economic restructuring extensively. 
The heads of ministries, agencies and localities were requested to raise their sense of responsibility. 
PM Phuc noted that in order to achieve an economic growth target of 6.7 percent this year, it is necessary to implement synchronous measures, that are focused on strengthening administrative disciplines at each ministry, agency and locality, especially those related to violations on public assets, use of State budget, and investment in fundamental construction,
The leader also urged ministries, agencies and localities to follow the Government’s socio-economic development solutions, improve the business environment and support the enterprise community. 
Reaffirming the significance and importance of start-ups, the PM assigned the Ministry of Planning and Investment to regularly supervise and speed up the implementation of the work in provinces and cities nationwide, especially in Hanoi and HCM City.
The Government required for quicker disbursement of investments to help increase production, particularly in the central, Central Highlands, and Mekong Delta regions.