GDP growth hits record high, highest in 10 years

Viet Phuong January 16, 2019 11:38

(Baonghean.vn) - That was the information given at the online conference to summarize the work of 2018 and deploy tasks for 2019 organized by the Ministry of Planning and Investment on the morning of January 16.

Comrade Vuong Dinh Hue - Politburo member, Deputy Prime Minister attended and delivered a speech.

Comrades: Thai Thanh Quy - Alternate member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Nguyen Van Do - Director of the Department of Planning and Investment chaired at the Nghe An bridge. Photo: Viet Phuong
Speaking at the opening of the conference, Minister of Planning and Investment Nguyen Chi Dung said: In 2018, the industry and the Ministry of Planning and Investment have excellently completed the assigned tasks, performed well the role of strategic general advisory, promoted the spirit of reform, innovation, creativity, daring to think, daring to do as the Government has set out as "discipline, integrity, action, creativity, efficiency" and the motto of the industry and the agency is "pioneering innovation, seizing opportunities".
Achieving a GDP growth rate of 7.08% and stabilizing the macro economy, controlling inflation in the context of many fluctuations in world finance and trade, and slowing growth in many economies is a clear proof.

Produced at Dien Chau Garment Company. Photo by Viet Phuong
The summary report presented by the leaders of the Ministry of Planning and Investment at the conference also affirmed: 2018 is the first year, after many years, that the targets assigned by the National Assembly have been achieved and exceeded, with comprehensive results in many fields, in which the macro economy continues to maintain stability with the outstanding result of GDP growth reaching a record level, reaching 7.08% - the highest in the past 10 years and also higher than the forecast of domestic and foreign organizations.

In 2018, the number of projects submitted by the Ministry of Planning and Investment to the Government and Prime Minister's work programs reached 95% - the highest rate ever.

In addition to pioneering innovation in institutional and policy reform, in 2018, the Ministry of Planning and Investment continued to excellently complete its advisory and executive tasks in implementing socio-economic development plans. Thanks to that, the socio-economic situation in 2018 was a comprehensive victory.

Currently, the Ministry of Planning and Investment is being assigned to develop documents to serve the 13th National Party Congress.

Speaking at the conference, Deputy Prime Minister Vuong Dinh Hue acknowledged and highly appreciated the efforts of the entire planning and investment sector; and emphasized: Identifying 2019 as a year of special importance - the year of preparing to complete the 5-year socio-economic development plan 2016 - 2020 and entering a new decade, requires the economy to continue to have a stronger breakthrough.

Therefore, the Ministry of Planning and Investment needs to continue to innovate and take drastic actions to better fulfill the tasks assigned in the Resolutions of the Party Central Committee, the National Assembly, and the Government, striving to successfully complete the set goals and targets. These are: Perfecting the public investment management institution, improving the investment and business environment, developing enterprises, implementing contents related to the 4th Industrial Revolution; strengthening the management of development investment and implementing the medium-term public investment plan for the period 2016-2020...

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GDP growth hits record high, highest in 10 years
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