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8:11 AM, 22/11/2013

PM reports on socio-economic development

VGP – PM Nguyen Tan Dung on November 21 made a report at the ongoing sixth session of the 13th National Assembly (NA).

In his report, the PM put stress on the export and import value over the past 11 months of US$120 billion and US$120.3 billion, a year-on-year increase of 15.1% and 15.9%, respectively. Trade gap neared US$290 million, or 0.24% of export value.
 
The registered Foreign Direct Investment in the recent 11 months totalled more than US$20 billion, up 49%. The Official Development Assistance (ODA) also saw an increase of 14.1%, achieving US$4.6 billion. The total ODA disbursement was US$4.04 billion, up 13.5%.
 
The index of Industrial Production (IPP) in November increased 6%, making to the national IPP in the reviewed 11 months grow by 5.5%. The total agriculture-forestry-aquaculture production in 2013 is estimated to rise 2.73%.  
 
Viet Nam received 6.8 million foreign visitors in the past 11 months, up 12%. The total number of newly-established businesses increased 9.3% and 12,600 businesses re-operated.
 
Jobs were created for more than 1.4 million people, making up 88% of the year’s plan.
 
Receiving NA delegates' comments, the Government will focus on monitoring the implementation of fiscal and monetary policies to support the manufacturing, control inflation, stabilize the macro-economy in the mid-term and long-term, the PM said in his report.
 
In addition, the Government will speed up the administrative reform and improve the business environment to create a foundation for sustainable growth.
 
The NA approved the overspending of the State Budget in 2014 at 5.3% of the GDP and issue 170 trillion VND Government bonds in the phase from 2014-2016.
 
PM Dung talked about the implementation of three strategic breakthroughs and the restructuring of the economy along with renewing the growth model.
 
State-owned-enterprises (SOEs) contributed to 30% of the State Budget and more than 33% of the GDP. More than 80% of the SOEs made profit in 2013.
By Thuy Dung

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