PM calls for efforts to achieve growth target of 6.7 pct

PM Nguyen Xuan Phuc discusses with leaders of ministries and sectors on measures to promote economic growth (Credit: VGP)

While chairing a meeting with leaders of ministries and sectors in Hanoi on May 22, PM Phuc said this year’s economic growth is of importance, affecting many other macroeconomic indicators, especially state budget collection and spending, public debts, employment and the income level of workers.

Therefore, the government leader asked his deputies, ministers and heads of sectors to give clear instruction, update the situation and actively take suitable solutions in a bid to achieve individual goals and the country’s growth target as well.

He assigned the Ministry of Planning and Investment to summarise reports and other ministries, particularly the Ministries of Industry and Trade, Agriculture and Rural Development, Construction, and Transport, to update the government on the implementation of their own growth targets at monthly cabinet meetings.

Meanwhile, the Ministry of Planning and Investment, the Ministry of Finance and the State Bank of Vietnam were requested to form specific solutions to remove difficulties, boost growth and ensure macroeconomic stability, hence laying a foundation for sustainable growth.

At the April meeting and in its report presented at the opening of the third session of the 14th National Assembly on May 22, the Government also mentioned growth targets of major sectors in 2017.

Accordingly, the agriculture sector is expected to obtain a growth rate of 3.05%; with industry and construction at 7.91%; and services at 7.19%.