PM reports on socio-economic development

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.