Vietnam pledged to implement strictly signed trade agreements and conclude 14 free trade pacts with 55 foreign partners, including 15 members of the G-20, creating a basic foundation for the country to integrate deeper into the international community and expand future cooperation opportunities.
Speaking at the forum, Prime Minister Nguyen Tan Dung recognised the economic achievements gained in the first five months of this year yet noted that the outcomes are not sustainable, and vowed to take more drastic measures to address weaknesses and shortcomings.
PM Dung said that the Government will work to strengthen the macroeconomic stability, keep inflation under 5% not only in 2015 but also in following years, manage stable exchange rates in line with market’s signs, keep overspending at 5% and reduce the rate in following years to around 3% in accordance with the new law on the State budget. Public debt will be kept at safe level and exports value will be increased by 10-15%.
The Government leader also underlined the resolve to make three strategic breakthroughs in reforming the market economy towards transparency and fair competition; mobilising financial resources to build infrastructure; and more effectively directing human resources training to increase labour productivity.
The Government will also expedite the equitisiation of State businesses and help domestic and foreign firms remove bottlenecks and develop agriculture and services towards a gross domestic product growth of 6.2 %, the PM said.
The PM also called for more assistance and cooperation from sponsors, the business community, and associations at home and abroad to help Vietnam in its socio-economic development and wider international integration.
Addressing at the forum, Minister of Finance Dinh Tien Dung also said that the Ministry has taken many measures to improve the business environment. In the coming time, the Ministry will continue to further improve the business environment ranked in the top best business environments of the area.
Prime Minister Nguyen Tan Dung attends the mid-term Vietnam Business Forum 2015
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PM Dung said that the Government will work to strengthen the macroeconomic stability, keep inflation under 5% not only in 2015 but also in following years, manage stable exchange rates in line with market’s signs, keep overspending at 5% and reduce the rate in following years to around 3% in accordance with the new law on the State budget. Public debt will be kept at safe level and exports value will be increased by 10-15%.
The Government leader also underlined the resolve to make three strategic breakthroughs in reforming the market economy towards transparency and fair competition; mobilising financial resources to build infrastructure; and more effectively directing human resources training to increase labour productivity.
The Government will also expedite the equitisiation of State businesses and help domestic and foreign firms remove bottlenecks and develop agriculture and services towards a gross domestic product growth of 6.2 %, the PM said.
The PM also called for more assistance and cooperation from sponsors, the business community, and associations at home and abroad to help Vietnam in its socio-economic development and wider international integration.
Addressing at the forum, Minister of Finance Dinh Tien Dung also said that the Ministry has taken many measures to improve the business environment. In the coming time, the Ministry will continue to further improve the business environment ranked in the top best business environments of the area.
