The Prime Minister chaired the regular Government meeting in October 2015.

Under the chairmanship of Prime Minister Nguyen Tan Dung, today (October 29), the Government held its regular meeting for October 2015.

According to the program, at the meeting, the Government will listen to and discuss the Report on the implementation of Resolution No. 01/NQ-CP of the Government and the socio-economic situation in October and 10 months of 2015; Report on the implementation of the State budget in October and 10 months of 2015; Report on determining poverty standards for the period 2016-2020; the draft Ordinance on Market Management, the draft Law on Security Guards, etc.

The report on the socio-economic situation in October and the first 10 months of 2015 presented by Minister of Planning and Investment Bui Quang Vinh at the meeting affirmed that in the first 10 months of 2015, our country's economy continued to recover clearly and achieved higher growth results than the previous year.

In the first 10 months of 2015, our country's economy continued to recover clearly and achieved higher growth results than the previous year. Illustrative photo

The macro economy is stable, the major balances of the economy are maintained, inflation fluctuates little and is controlled at a low level, estimated to increase by about 2% for the whole year. Credit growth is quite good and higher than the capital mobilization rate; credit quality is improved; bad debt is decreasing rapidly and has so far completed the whole year's target of below 3%; total demand and purchasing power are increasing; domestic revenue is quite good; the investment and business environment is significantly improved; industrial production, of which the processing and manufacturing industry has a much higher growth rate than the previous year. In October, the number of international visitors to Vietnam continued to increase compared to the previous month and the same period last year.

In addition, foreign direct investment attraction has been quite good; registered and implemented FDI capital has increased compared to the same period. In the past 10 months, realized FDI capital is estimated at 11.8 billion USD, up 16.3% compared to the same period last year; total registered FDI capital is estimated at nearly 19.3 billion USD. Business development activities have changed positively, the number of newly established enterprises and registered capital has increased.

Foreign affairs and international integration have achieved many results.

Social security and welfare continued to be ensured. In the first 10 months of the year, it was estimated that jobs were created for about 1.362 million people, reaching 85% of the plan and increasing by 3.5% over the same period last year. Policies to support production development and life for the poor, ethnic minorities, remote areas, social protection beneficiaries, etc. were given attention and effectively implemented. Political security and social order and safety were maintained.

According to Chinhphu.vn