Prime Minister Nguyen Tan Dung requested drastic measures be taken to
achieve a gross domestic product (GDP) growth rate of 5.8 percent this
year during his final speech at the Government’s regular meeting on
September 29-30.
He pointed out an array of
economic problems, including weak aggregate demand, great bad debt, slow
disbursement of investment capital, budget imbalances, and several
uncompetitive sectors.
Highlighting the rapidly
increasing government debt, the Cabinet leader ordered Finance Minister
Dinh Tien Dung to review public and bad debts, and propose solutions to
the situation.
He called upon relevant agencies to
implement urgent and comprehensive measures to attract more investment
in industries, agriculture, services, tourism, and infrastructure,
particularly in rural areas.
PM Nguyen Tan Dung also told them to work harder to increase the export of Vietnamese goods to potential markets.
Mentioning that Vietnam ’s labour productivity of 61 percent is only
average amongst ASEAN members, slightly ahead of Myanmar and
Cambodia , he ordered the National Council for Sustainable Development
and Competitiveness Improvement as well as authorised agencies to look
into the issue and develop solutions.
Meanwhile, the
leader also demanded more efforts be undertaken to fulfil the target of
having 1.6 million people newly-employed in 2014. So far, 1.5 million
people have secured jobs this year.-VNA