Prime Minister Nguyen Xuan Phuc chaired the Government’s regular meeting on December 27, during which he shared that Vietnam’s GDP growth rate rose 7.08 percent in 2018 – the highest ever in the past 11 years.
Prime Minister Nguyen Xuan Phuc addresses the meeting on December 27 (Source: VNA)
Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc chaired theGovernment’s regular meeting on December 27, during which he shared thatVietnam’s GDP growth rate rose 7.08 percent in 2018 – the highest ever in thepast 11 years.
The country enjoyed a trade surplus of over7 billion USD, he said, adding this is also the first time its economic growthrate has doubled that of inflation.
Moreover, all socio-economic criteria for2018 surpass the set targets, which is good news of the nation, he affirmed.
At the meeting, Government membersexchanged views on reports recommending the making of several draft laws,including the revised law on Vietnamese working abroad, the law on amendments andsupplements to several articles of the law on settlement of administrativeviolations, the revised Ordinance on Preferential Policies for RevolutionContributors, and a decree regulating the inspections and settlement ofdisciplines in enforcing laws involved in the settlement of administrativeviolations.
They also gave ideas to reports on theimplementation of the Government’s Action Programme to carry out the PartyCentral Committee’s three resolutions on reforming the growth model andincreasing the growth quality, labour productivity and the economy’scompetitiveness; completing the socialist-oriented market economic institution;and turning the private economy into a driving force of the socialist-orientedmarket economy, together with the National Assembly’s resolution on an economicrestructuring plan for 2016-2020.
The meeting also reviewed all preparationsfor the Government meeting with localities to be held on December 28 in orderto put forward the Party Central Committee and legislature’s resolutions onsocio-economic development and external relations plans for 2019.
Regarding the report that 152 Vietnamesetourists fled in China’s Taiwan, Deputy Minister of Culture, Sports and TourismLe Quang Tung said that through investigation, the ministry detected a ringbringing Vietnamese people to go abroad illegally through the tourism form.
The ministry had sent relevant documents tothe Ministry of Public Security for further investigation, while working withthe Taipei Economic and Cultural Office to monitor the number of Vietnamesetourists to Taiwan in the coming time, especially during the upcoming New Yearand lunar New Year holidays, Tung stated.-VNA
Prime Minister Nguyen Xuan Phuc has required the Government to renew management work and address the shortcomings that have been revealed by the National Assembly and the people.
GDP growth rate is likely to reach a decade high of 6.9 - 7 percent in 2018 and maintain the pace of 7 percent next year, according to the National Financial Supervision Committee (NFSC).
Prime Minister Nguyen Xuan Phuc and his economic advisory team discussed measures to tackle shortcomings and realise the 7-percent growth target set for 2019 at a session in Hanoi on December 22.
Vietnam’s Gross Domestic Product (GDP) grew by 7.08 percent in 2018, the highest in the past 11 years, the General Statistics Office (GSO) announced on December 27.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
Vice Chairman of the municipal People’s Committee Nguyen Manh Cuong highlighted ASEAN’s nearly six decades of development, during which the region transformed from division to harmony, from confrontation to cooperation, and from poverty to dynamic growth, becoming a global bright spot for regional cooperation.
Thirty years ago, on July 28, 1995, Vietnam’s accession to ASEAN marked a historic strategic decision, opening a new chapter in the country’s integration process and beginning its strong rise.
Ambassador Vu Le Thai Hoang has outlined specific priorities and proposals for cooperation with the UNODA in preparation for the upcoming 11th Review Conference of the Non-Proliferation of Nuclear Weapons (NPT).
The Vietnamese Party leader's visit is therefore expected to mark a new stage in the development of the Comprehensive Strategic Partnership between the two countries, with a focus on such areas as digital transformation, supply chains, semiconductors, clean energy, and maritime security, Choe assessed.
At their meeting, which took place in the Angolan capital of Luanda on August 7 as part of State President Luong Cuong’s ongoing state visit to the African nation, the two officials also agreed to make full use of existing cooperation mechanisms, particularly the Vietnam – Angola Intergovernmental Committee, and step up exchanges of delegations at all levels.
President Luong Cuong's talks with his Angolan counterrpart João Manuel Gonçalves Lourenço, Vietnamese leader's receptions for a delegation from the Japan – Vietnam Parliamentary Friendship Alliance, and the Government's regular meeting for July are among news highlights on August 7 evening.