Hanoi (VNA) – The fulfilment of thegross domestic product (GDP) growth of 6.7 percent in 2017 requires highpolitical determination from ministries and departments as well ascorporations, businesses and people, Prime Minister Nguyen Xuan Phuc stressedat a meeting in Hanoi on August 12.
Addressing the conference between theGovernment’s Standing Board and ministries, sectors, economic groups andcorporations, the PM noted that in order to realise the aforesaid target, thegrowth in the six remaining months of this year must be at a high level of 7.42percent.
He stressed that this is an importantpolitical task of all sectors, especially agriculture, industry, construction,processing and manufacturing.
According to the Ministry of Planning andInvestment, the surging GDP in the second quarter raised the January-Junegrowth rate to 5.73 percent. The service sector made the biggest contributionto the overall growth (2.59 percentage points), particularly in wholesale,retail, accommodation, catering, finance, banking, insurance, and real estate.
He gave approval of measuresproposed at the meeting to extricate difficulties for businesses and improvethe investment climate.
He suggested stimulatingdomestic consumption, creating confidence in the market, and increasinginvestment in business production, while striving to reach a credit growth of21 percent and stepping up the reshuffle of State-owned enterprises, especiallythe equitisation and divestment process in the remaining months of 2017.
High political determination needed to meet growth target: PM have 214 words, post on sggpnews.org.vn at 2017-08-12 04:09:39. This is cached page on Talk Vietnam. If you want remove this page, please contact us.