PM orders early recovery of socio-economic activities

05/05/2020, 16:29

Resuming and developing socio-economic activities after COVID-19 is an urgent task for the country and people, said Prime Minister Nguyen Xuan Phuc at a regular cabinet meeting in Hanoi on May 5.

Prime Minister Nguyen Xuan Phuc (standing) speaks at the meeting (Photo: VNA)


He noted that global economic growth was negative from January-April due to the pandemic.

In the period, Vietnamese ministries and departments focused on carrying out dual tasks of protecting people’s health while fueling economic development.

The government has issued a number of directives and resolutions to remove difficulties for enterprises and ensure welfare policies and social order and safety.

As a result, the economy still reported year-on-year growth of 3.82 percent.

The International Monetary Fund (IMF) evaluated that Vietnam will enjoy the highest growth in Southeast Asia this year, which is projected at 2.7 percent, said PM Phuc.

He added that the country aims to achieve a higher rate as sectors and businesses resume operations while taking drastic safety measures.

The government leader requested that along with attaining the highest growth possible, it is necessary to curb inflation below 4 percent, while developing businesses and promoting infrastructure construction. Especially, transport projects must be kicked off and have the investment form shifted from public-private partnership to public investment.

Besides, greater attention should be paid to social issues, including the upcoming high school entrance exam, the implementation of an aid package worth 62 trillion VND (2.6 billion USD), and socio-economic development projects for ethnic minorities.

PM Phuc emphasised the need to disburse 700 trillion VND (over 29.7 billion USD) of public investment in 2020, while ordering ministries, sectors and localities to work hard to realise the plan. 

The PM mentioned the country’s achievements in containing the COVID-19 pandemic, highlighting the drastic, synchronous and timely direction of the Party and the State, and joint efforts of the entire political system and people in the fight against the disease.

The pandemic has been basically controlled without zero deaths, he said.

He noted that in recent online international conferences and telephone talks, leaders of other countries and international organisations highly valued Vietnam’s effective COVID-19 response measures.

The PM lauded the sense of responsibility of agencies and sectors, and the public support for fighting the pandemic.

About 2 trillion VND (85.1 million USD) has been mobilised in response to the campaign launched by the PM and the President of the Vietnam Fatherland Front Central Committee to support the battle against the disease.

However, it is necessary to maintain vigilance, he reiterated, adding that the Government will convene a meeting this week to put forth measures to continue containing the epidemic, while facilitating business and production.

During the meeting, Cabinet members will look into the socio-economic situation in April and the first four months of this year, the fight against COVID-19, and the draft resolution of the National Assembly Standing Committee on principles, criteria and quota of public investment allocation from the state budget for 2021-2025, among others./.

VNA


Related articles

(0) Comments
Focus
The Beauty of Hòn Cau Island
March signals the perfect time for a visit to Hòn Cau Island (Phước Thể, Tuy Phong) as the weather transitions and the golden sunlight bathes the island. Located about 110 km from Phan Thiết, Cù Lao Câu is a pristine, uninhabited island that has become a nature reserve, home to rare sea turtles.
Do not miss
  • The King Has Fallen: Man Utd Crash Out of FA Cup
    25 yesterday Sports
    Recently, Manchester United’s FA Cup title defense came to a crushing end as Fulham stunned the Red Devils in a dramatic penalty shootout to secure their place in the quarterfinals. Heading into the fifth-round clash at Old Trafford,...
  • Sunset Slope: Phan Thiet’s Hidden Gem for Breathtaking Views
    27 yesterday LANDSCAPES
    BTO – Still in the heat of the first two lunar months, Sunset Slope on Co Mountain has become a renowned sunset-watching spot in Phan Thiet. Located in Phu Hai Ward, this stunning location offers breathtaking views of the mountains...
  • Victory Seals the Throne
    one month ago Sports
    BTO-After suffering a loss in the first leg at home last week, Manchester City finds itself in a tough spot in its quest for a spot in the Champions League Round of 16 against Real Madrid. This defeat marked their first loss to Madrid...
  • Tough game Alonso!
    one month ago Sports
    BTO-The Round 22 Bundesliga showdown between Bayer Leverkusen and Bayern Munich was one of the most anticipated of the season. On one side, there were the defending champions, and on the other, the league leaders. Bayern entered the...
  • Back to the Top for Barcelona
    one month ago Sports
    BTO-Before taking on Rayo Vallecano, Barcelona had the chance to claim the top spot in La Liga after both Real Madrid and Atletico Madrid were held to 1-1 draws in Round 24 (Real drew with Osasuna, Atletico drew with Celta Vigo). The...
  • Bayern Munich's Roar
    one month ago Sports
    Bayern Munich were strong favorites against Celtic in their Champions League play-off. Despite being the away team, Vincent Kompany's side comfortably won 2-1, securing an advantage for the return leg at Allianz Arena.
  • Binh Thuan: 7 OCOP 4-star products recognized and re-recognized
    one month ago Business
    BTO – Binh Thuan provincial People's Committee has lately approved the evaluation results and issued certificates for 7 products in the first and second batches of 2024 for OCOP 4-star products.
  • Binh Thuan’s dragon fruit on display at an exhibition in Germany
    one month ago Business
    BTO- Binh Thuan dragon fruit will be present at the Fruit Logistica Berlin fruit and vegetable exhibition took place in Germany from February 5 to 7, 2025.
  • Red and Blue: Manchester’s Double Disaster
    one month ago Sports
    BTO-Recently, the two “powerful” football teams from the country of Man UTD and Man City both endured heavy defeats. MU lost at home to Crystal Palace with a score of 0-2. Meanwhile, Man City was hammered 5-1 by Arsenal on their ground....
  • Binh Thuan welcomed around 220,000 visitors during the Tet holiday
    one month ago Travel
    BTO-According to the Department of Culture, Sports, and Tourism of Binh Thuan, the province received approximately 220,000 visitors during the 9-day Lunar New Year holiday, marking a 10% increase compared to last year’s traditional...
  • A New Rising Star
    2 month ago Sports
    BTO-Joao Fonseca, a tennis player ranked 145th in the ATP standings, has caused a stir in the global tennis community after winning the 2024 Next Gen ATP Finals with the lowest ranking among the players in the tournament. With a mature,...
  • The Fall of the Giants
    2 month ago Sports
    BTO-Both "giants" Liverpool and Arsenal recently played their Carabao Cup semi-final first-leg matches. While Liverpool faced Tottenham, Arsenal hosted Newcastle. Both teams suffered defeats—Liverpool lost 0-1 to Tottenham, and Arsenal...
  • A Precious Point at Anfield
    2 month ago Sports
    On the last day of 2024, Manchester United suffered a 0-2 defeat against Newcastle at "The Theater of Dreams," Old Trafford. This was their fourth consecutive loss in the Premier League. The "curse" seemed far from over for Man Utd...
  • Lionel Messi Honored with the Presidential Medal of Freedom
    2 month ago Sports
    BTO-In the early days of 2025, Lionel Messi received a prestigious honor when U.S. President Joe Biden awarded him the Presidential Medal of Freedom. This civilian award, the highest in the United States, might have been a surprise,...
  • Time to back “home” Amorim!
    2 month ago Sports
    BTO-Under Ruben Amorim, Sporting Lisbon achieved a perfect start in the Portuguese Primeira Liga, winning their first 12 matches and holding the top spot for over four months. However, after Amorim left Lisbon, both he and his former...
  • Thank You, Xuan Son!
    2 month ago Sports
    Two days have passed since the Vietnamese national football team clinched the ASEAN Cup title after defeating Thailand in both legs of the final. The victory’s echo still resonates in the hearts of every Vietnamese. Amid the joy of...
  • La Ngau People Venture into Tourism
    2 month ago Travel
    BTO - Recently, Tanh Linh has been in the rainy season; however, community-based rural tourism spots in La Ngau commune still attract visitors, especially on weekends, thanks to the rain's variability.
  • Lunar New Year 2025: Mui Ne ranked among Top 10 Favorite Domestic Destinations for Vietnamese Travelers
    3 month ago NEWS
    BTO-Booking.com, a leading global online travel platform, has just announced the top 10 domestic and international destinations favored by Vietnamese travelers for the Lunar New Year 2025. Mui Ne (Binh Thuan), renowned for its premium...
  • Phan Thiet saw a great number of Tourist arrivals  in 2024
    3 month ago Travel
    BTO – The number of tourist arrivals to Phan Thiet has significantly increased by 10 percent compared to the previous year. Particularly, the locality has welcomed approximately 6.8 millions turns of visitors, including about 350.000...
  • A New Race Begins
    3 month ago Sports
    BTO-“I grew up in a poor rural area, where life was full of challenges and hardships. And yet, here I am now, standing here, with this great award and joy!” Vinicius Jr spoke these heartfelt words during the 2024 FIFA The Best Awards...
POWERED BY ONECMS - A PRODUCT OF NEKO
PM orders early recovery of socio-economic activities