Deputy PM Hue places strong emphasis on macroeconomic stability

Deputy PM Vuong Dinh Hue speaks at the conference

Addressing the conference, Deputy PM Vuong Dinh Hue highly praised the results that the ministry has achieved during the past moth, asking the MPI in the remaining period of 2019 to continue to thoroughly grasp the motto set by the Government to make stronger breakthroughs.

Mr. Hue urged the MPI be the center of innovation for the whole country and become a pioneer in leading innovation in institutional reform, while piloting new business forms to match the world new trend like non-cash payments and mobilising all of agencies for national socio-economic forecast.

The ministry should urgently complete the projected Investment Law and the Law Amending Some Articles of the Investment Law and the Enterprise Law, while accelerating the disbursement of public investment.

It is necessary to pay more attention to business development, he said, adding that improving the efficiency of State-owned enterprises and supporting small and medium-sized businesses is also necessary.

Reporting at the event, the Ministry of Planning and Investment Minister Nguyen Chi Dung said that the first half of 2019 has seen positive results in socio-economic development, with GDP growth rate reaching 6.76%, macroeconomic stability maintained and inflation under control, while sectors have positive changes and social security and national defence are maintained.

In the first six months of 2019, the MPI completed all of its assigned tasks, especially the ones set out in the Government's resolutions and the directions from the PM and Deputy PMs, Dung said, adding that the tasks set out in the last six months of 2019 were quite heavy, covering various areas but the MPI was determined to take advantage of new opportunities to maintain macroeconomic stability and strengthen domestic economic potential to stand firm against the changes in the world towards rapid and sustainable development.

 By Hoang Ha