
Photo: VNGOP
The Cabinet members agreed that Việt Nam continues to see socio-economic stability in 2007 and expects to obtain a growth rate of 8.5% for the whole year, the highest over the past decade.

Photo: VNGOP
To maintain the sustainable high growth rate, PM Nguyễn Tấn Dũng urged relevant agencies and sectors to deal with three major difficulties:
Firstly, administrative reforms not to meet the demand of economic development and create the best environment for people, businesses and investors;
Secondly, the shortage of qualified and skilled human resource;
Thirdly, poor infrastructure.
Concluding the meeting, PM Nguyễn Tấn Dũng confirmed that it is possible to gain the GDP growth rate of 9% in 2008 if all ministries, sectors and local authorities drastically put their plans into reality. The Government chief asked them to take the following measures:
To mobilize all investment resources, especially capital sources to develop infrastructure;
To maintain a stable macroeconomic environment;
To further encourage and facilitate the development of enterprises;
To boost administrative reforms, especially administrative procedures relating to the issuance of investment licenses and the disbursement of State budgets;
To speed up the training of labor force;
To engage the whole society in health and education programs;
To fight against corruption and prodigality;
To promote poverty reduction and assist ethnic minorities in improving their life;
To maintain national defense, social security and order.
Some socio-economic development indicators in first eight months of 2007
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Economic restructure:
- Industry and construction accounts for 42.1%
- Services: 38.1%
- Agriculture: 19.8%
Over-expenditure controlled at 5% of GDP
Registered FDI capital: US$ 12 billion
Poor households reduced to 14.75%
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By Hồng Uyên