Cabinet convenes May meeting
VGP – PM Nguyen Xuan Phuc chairs a Government’s regular meeting for May on May 31 to realize the preset breakthrough goals.
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Photo: VGP |
>>> Infographics: Socio-economic performance in first 5 months of 2019
The Government will discuss socio-economic performance in May and the first five months; the making of laws on immigration, exit, transit, residence of foreigners in Viet Nam, the pilot expansion of independence for some universities, the preparation for Q&A session at the ongoing National Assembly’s session.
The socio-economic performance in May and the first five months showed positive signs (excluding difficulties facing the agricultural sector). Especially, the processing and manufacturing industry is playing a leading role and made a record high growth over the last five years. Trade activities were on the rise with abundant supply of goods. People’s living standards were improved.
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Total retail sales of goods and services picked up 11.6%. The country lured nearly 7.3 million foreign visitors, up 8.8% from the same period last year.
FDI attraction was positive. The amount of FDI disbursement hit US$ 7.3 billion, up 7.8% against the same period last year. FDI attracted and added touched US$ 9 billion, up over 27%.
Export revenue valued at US$ 100 billion, up 6.7%. Nearly 54,000 enterprises were newly founded, up 3.2% in number and 29.6% in registered capital. Nearly 20,000 enterprises resumed operation, up over 48%.
However, besides the positive outcomes, there were difficulties in agro-forestry-fishery production, slow progress of public investment disbursement, and a big trade deficit./.
By Kim Loan
