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Gov’t optimistic of accomplishing all goals amid continued positive signals

VGP – The Government may successfully realize all 12 goals approved by the National Assembly for 2018, said PM Nguyen Xuan Phuc at the Cabinet meeting on Monday.

December 03, 2018 9:25 PM GMT+7

PM Nguyen Xuan Phuc presides over the Cabinet meeting on December 3, 2018. Photo: VGP

The Government even outperformed some of the goals, PM Phuc added.

In November last year, the Legislature passed a resolution on the 2018 socio-economic development plan that includes key goals on GDP, export, poverty reduction, urban unemployment, and trained rate of workforce among others.

Socio-economic development goals of 2018

Economic indicators showed positive signals in the first 11 moths, according to official statistics.

The economy expanded 6.98% between January and September, the highest rate since 2011, while consumer price index in November saw a month-on-month decline of 0.29%, the General Statistics Office (GSO) reported.

Index of industrial production (IIP) in the first 11 months of 2018 increased by 9.7% compared with the same period last year, led by strong growth of processing and manufacturing (11%), followed by electricity production and distribution (9.2%).

Disbursed volume of foreign investment reached US$16.5% in the first 11 months, up 3.1% against the same period last year.

Foreign arrivals to Viet Nam rose 21.3% to 14.12 million in the reviewed period, said the GSO.

Also at the meeting, PM Phuc also urged inferior levels to strive for the growth rate of 6.8% next year./.

By Quang Minh