Vietnam reports positive economic growth

  • Vietnam
  • Wednesday, 29 Jul 2020

Minister of Planning and Investment Nguyen Chí Dung speaks at the teleconference in Hanoi on July 28, 2020. — Photo VGP

HANOI (Vietnam News/ANN): The Vietnamese economy posted positive growth with exports and social welfare ensured, Minister of Planning and Investment Nguyen Chi Dung said.

Speaking at a teleconference to review its six-month performance and outline tasks for the remaining months of this year on Tuesday (July 28), Dung said challenges still remain due to the impact of Covid-19 pandemic, requiring strenuous efforts and flexible and suitable measures to achieve the highest growth this year.

Head of the MPI’s Department of National Economic Issues Do Thanh Trung attributed a 1.81 per cent economic growth rate to the Government’s effective and sound leadership as well as efforts by ministries, agencies and localities.

The business climate, as well as national competitiveness, have improved, he said, adding that the Government also requested speeding up the disbursement of public capital to ensure progress.

Between now and year-end, the MPI will work closely with ministries, agencies and localities to closely grasp the socio-economic performance, thus offering timely consultancy to the Government.

It will also devise the 2021-25 mid-term public investment plan and decrees guiding the enforcement of the Law on Investment, the Business Law and the Law on Public-Private Partnership.

At the same time, it will also improve the efficiency of the drafting of bills, draw more foreign investment and build a national strategy on foreign investment cooperation for the 2021-30 period, he said. — Vietnam News/Asia News Network

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