Printer Friendly

Vietnam : Focusing on economic development but cannot neglect social issues.

In the afternoon of April 2, 2019, in Hanoi, numerous reporters of press agencies attended the regular Government press conference in March/2019 to hear the Minister, Chairman of the Government Office (VPCP) and the Broadcasters. Government language information on the socio-economic situation in March and the first quarter as well as representatives of ministries and agencies answered many issues of public interest over time. The press conference was chaired by the Minister, Chairman of the Government Office, Government spokesman Mai Tien Dung, with the participation of representatives of many ministries, branches and representatives of the SBV with Deputy Governor of the State Bank of Vietnam Dao Minh Tu.

Information on the government's regular 3/2019 session on the same day, chaired by Prime Minister Nguyen Xuan Phuc, Minister Mai Tien Dung, said the Government discussed the socio-economic situation in the month. 3 and Q1 / 2019; the implementation of Resolution No. 01, 02, 35 / NQ-CP and Directive No. 26 / CT-TTg on supporting and developing enterprises by 2020 and some other reports related to administrative reform first quarter of 2019; The situation of issuing documents detailing the implementation of laws and ordinances in the first quarter of 2019, the implementation of tasks and the results of inspection of the working group in March 2019 and other issues ...

At the meeting, Prime Minister Nguyen Xuan Phuc stressed the guiding spirit that it is necessary to focus on economic development but cannot neglect the pressing social issues. In recent years, there have been many problems, outstanding social cases, attracting the attention of public and people such as the situation of school violence with some cases such as the case of secondary school students assaulting you. In Hung Yen, the incident occurred at schools in Ba Ria-Vung Tau, Soc Trang, Nghe An, drug trafficking situation in large numbers up to hundreds of kilograms, of which three cases have just destroyed a total of more than 1 ton, then human and animal diseases spread to many localities ...

Therefore, the guiding spirit of the Prime Minister is that although the economy is extremely important, it is necessary to discuss more clearly about social issues so that we can properly implement the inclusive and sustainable economic objectives. "No one is left behind." The most important thing is to focus on outstanding efforts to achieve the growth target, at the same time to comprehensively solve social issues, especially pressing issues, of public interest, especially in the field culture, education. We focus on all three pillars of economy, society, environment, recently the environmental issue has been tightened, there should be stronger solutions to social issues. If the social problem is overlooked, then at some point the economy will not develop.

Government spokesman Mai Tien Dung said that regarding the implementation of economic development tasks, in the economic and trade context, the world is expected to increase slowly, along with domestic ones. risk of cholera swine in Africa, climate change, especially negative climate change, drought in the Central Highlands provinces ... Specifically: GDP of the first quarter of 2019 reached a high level, increasing 6.79 % (although it was 7.45% lower than the same period in 2018 but higher than the same period in the period of 2011-2017, 2017 increased by 5.15%). This is a high level, showing that the domestic economy is continuing to be more stable, industrial production continues to grow more clearly, business investment environment continues to improve.

Stable macroeconomic, consumer price index (CPI) in 3/2019 decreased 0.21 %% over the previous month (the same period increased by 8.7%). Average CPI in Q1 / 2019 increased by 2.63% compared to the same period in 2018.

Index of industrial production (IIP) increased 9.2%, though lower than the same period in 2018, but much higher than the same period last year (first quarter: 2015 increased by 9.3%; in 2016 increased by 8, 2%, in 2017 increased 5.1%, 2018 increased by 12.7%, of which, manufacturing and processing industry increased by 11.1%.

Agricultural production continued to grow, especially the fishery sector grew at 5 % and 1% over the same period (the highest in the last 9 years).

Total demand continued to increase sharply, being a bright spot in the economic picture, total retail sales of goods and consumer service revenue increased by 12% (same period in 2018 was 9 , 9%). Total retail sales of goods and services (excluding price factor) increased by 9%, higher than 8.9% of the same period in 2018. International visitors to Vietnam continued to rise strongly. 4.5 million, up 7%.

Exports continued to increase strongly, in March, 2015, it was estimated at 22.40 billion USD, up 61.1%, especially the domestic economic sector reached 17.05 billion USD, up 9.7% (same period increased 18 , 9%); 3 months reached 58.51 billion USD, up 4.7%. March saw a trade surplus of USD 1 , 56 billion (the latest figure has just been announced by the General Department of Customs).

Total social investment capital increased by 8 , 8%. Newly registered and increased FDI capital reached over US $ 5.1 billion, up 30.9% over the same period; realized FDI reached 4.12 billion USD, up 6.2%. It can be said that FDI attraction is the brightest point in the economic picture in the first quarter with many big projects, good quality, good technology, high scientific and technological content. The number of newly established enterprises and returning to operation reached over 43,500 enterprises (of which newly established enterprises reached 28.451 enterprises, up 6.2%; the number of enterprises returning to operation reached over 15,000 enterprises Unemployment rate is low at 2.17%.

[c] 2019 Al Bawaba ( Provided by SyndiGate Media Inc. ( ).
COPYRIGHT 2019 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2019 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Mena Report
Geographic Code:9VIET
Date:Apr 5, 2019
Previous Article:Vietnam : The plan to organize an online contest explores the "Code of Professional Ethics and Code of Conduct of Banking Officers".
Next Article:Vietnam : Some information on operating monetary policy and banking activities in the first quarter of 2019.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters