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Prime Minister Nguyen Tan Dung on January 31 pointed out three key tasks to be executed by the government for an economic growth rate of 8.5% in 2007.
The government has to focus on raising the competitive edge of the economy, continuing administrative reform and combating corruption, PM Dung stressed when he wrapped up a two-day cabinet meeting in Hanoi to review its performance in January.
Ministries and services should accelerate the pace of major construction projects, putting them in the service of socio-economic development, he said.
Orientation plans for the services sector should be worked out as fast as possible, including import-export, tourism, and telecom fields in order to maintain the country's economy growth rate and the increase in the market shares of the services sector, the PM added.
He said that the financial and banking sector, which is developing rather smoothly, should also take measures to ensure strict supervision of its growth process to facilitate the expansion of the market, avoiding major market fluctuations.
Concerning administrative reforms, the PM asked ministries and relevant authorities to continue reviewing and settling unsolved issues, underlining the Ministry of Home Affairs' role to report the administrative reform achievements at regular cabinet meetings.
On the fight against corruption, PM Dung urged the Ministry of Public Security, the Government Inspectorate, together with, ministries, branches and localities to actively and promptly settle newly-uncovered cases in accordance with Vietnamese law, promising punishment to all criminals but no victims of injustice.
Cabinet members at the meeting agreed that the economic stable growth was maintained in the first month of 2007, with a high increase of 26% in industrial production value over the same period last year.
In January, the country earned an export value of US $3.3 billion, a 7.7% year-on-year increase, while the import value reached US $3.4 billion, a 30.8% increase. Vietnam also attracted US $350 million in foreign direct investment from newly-licensed projects and additional capital of operational projects.
The cabinet also heard and discussed a number of reports, including the Government's action plan to implement the Resolution of the Party Central Committee's 4th session on major policies to ensure rapid and sustainable economic development when Vietnam joins the World Trade Organisation (WTO).
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