Monday, 09/06/2008 08:09

Vietnam targets 7-7.5 percent GDP growth rate in 2009

Vietnam is likely to attain a gross domestic product (GDP) growth rate of between 7-7.5 percent in 2009, said Prime Minister Nguyen Tan Dung in his recent instruction on building up a national socio-economic development plan and State budget estimates for the year.

The instruction, signed on June 6, stressed that curbing inflation, ensuring macroeconomic stability, social welfare and sustainable growth will remain the major tasks of the next year.

PM Dung urged sectors and enterprises to continue synchronous measures to step up production, develop services, attract more investment, and accelerate economic restructuring towards higher proportions of services and industry.

Regarding import-export, the PM stressed the need of bold measures to boost export and reduce trade deficit. He pointed out a number of measures to remove obstacles for export activities, cut down costs and raise the competitiveness of Vietnamese exports.

The government leader also laid emphasis on measures to contain inflation and ensure goods supply, particularly materials for production and essential goods. He asked to develop a distribution network to ensure goods supply at rational prices, especially for difficulty-hit areas.

The PM also asked to mobilise investment resources for socio-economic infrastructure projects, particularly national key projects and those able to be put into operation in 2009.

He instructed to tighten investment capital management, accelerate the disbursement of official development assistance (ODA) capital, and attract more foreign direct investment (FDI).

The restructuring and equitisation of State corporations and enterprises must also be speeded up, he stressed.

The PM also instructed the implementation of social welfare policies and projects to assist the underprivileged, ethnic minority people and natural disaster-struck people to stablise their life and production.

About the administrative reform, he set a goal of building a transparent, democratic and effective administration apparatus with an eligible contingent to meet the requirements of the national construction cause.

In 2009, Vietnam will have to complete its anti-corruption law system and implement the Anti-Corruption and Thrift Practice Laws, the PM said.

He asked the Ministries of Planning and Investment, and Finance to finalise the 2009 socio-economic development plan and State budget estimates in September for submission to the National Assembly.

VNN

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