Gov't chief chairs Cabinet April meeting
VGP – PM Nguyen Xuan Phuc on May 4 is chairing the Government monthly meeting for April.
PM Nguyen Xuan Phuc chairs the Government monthly meeting for April, May 4, 2019 - Photo: VGP/Quang Hieu |
According to the report of the Ministry of Planning and Investment, the nation made positive achievements in socio-economic performances in all fields, including the Consumer Price Index (CPI) in April up 0.31% against the previous month and the average CPI in the first four months of 2019 witnessing a year-on-year increase of 2.71%, the lowest figure recorded over the recent three years.
The total retail sales and service revenues announced the highest growth since 2015, reaching 11.9%.
As many as 43,000 new firms were set up with the registered capital of more than VND540,000 billion while more than 17,000 enterprises re-operated, up 52.6% compared to the same period last year.
The total Foreign Direct Investment (FDI) capital flows hit US$5.7 billion, up 7.5%, raising the total newly-registered and additional capital to US$7.5 billion, up 28.6%.
The nation gained US$78.76 billion from export, up 5.8%, of which US$23 billion was contributed by the State sector. The country enjoyed the trade surplus of US$711 million.
However, the country’s economy is facing a number of difficulties and challenges such as the decrease in some key export items, slow disbursement in public investment capital and the petrol prices in the word beating the five-year record, up 27%.
The Government members will discuss measures to ensure set targets for the “breakthrough year” 2019 will be reached./.
By Thuy Dung