July continues to see positive socio-economic development, the Ministry
of Planning and Investment reported to the regular Cabinet meeting which
opened in Hanoi on July 30.
The report noted that inflation
remained under control with the rise in consumption price index (CPI)
kept at low level; interest rates, foreign exchange rates and market
were stable; and exports and services maintained good growth.
The
disbursement of capital sources including FDI and ODA was at a good
pace, while the industrial sector, particularly the manufacturing and
processing industries, continued its recovery.
At the
opening session, Prime Minister Nguyen Tan Dung asked Cabinet members
to discuss major issues relating to economic restructuring, GDP growth,
macro-economy and solutions for smooth operations of businesses.
He also required them to brainstorm over solutions to achieve the
target of 5.8 percent GDP growth for this year and to remove
difficulties for businesses.
In addition, he urged relevant
ministries and agencies to closely work together to carry out measures
ensuring safety for over 1,500 Vietnamese guest workers in Libya.
During
the two days of sitting, Cabinet members will also debate some draft
laws on special consumption tax, labour hygiene and safety, maritime and
island environment and resources, and military service.-VNA