Prime Minister Nguyen Xuan Phuc: Economic growth rate reaches record in the past 10 years

Attending the conference were General Secretary and President Nguyen Phu Trong; National Assembly Chairwoman Nguyen Thi Kim Ngan; Politburo member and Permanent Secretary of the Secretariat Tran Quoc Vuong and other Politburo members, Party Central Committee Secretaries, leaders of ministries, branches and 63 provinces and cities at online television stations.

General Secretary and President Nguyen Phu Trong delivers a speech at the conference. Photo: VGP/Nhat Bac

At Nghe An bridge point, there were comrades: Nguyen Dac Vinh - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Head of the Provincial National Assembly Delegation; Thai Thanh Quy - Alternate Member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee chaired the meeting.

Also attending the meeting were members of the Provincial Party Committee: Cao Thi Hien - Vice Chairman of the Provincial People's Council; Le Minh Thong - Vice Chairman of the Provincial People's Committee; Le Hong Vinh - Vice Chairman of the Provincial People's Committee.

Prime Minister Nguyen Xuan Phuc speaks at the conference. Photo: Internet.

Speaking at the conference, Prime Minister Nguyen Xuan Phuc assessed that in 2018, the economic growth rate was the highest in the past 10 years, reaching the GDP growth target of 7.08%. If in 2017, our trade surplus reached a record level of 2.1 billion USD, then in 2018, we are expected to achieve a record trade surplus of over 7 billion USD, more than 3 times the record we have set.

The good news is that the Resolution on private economy has really come into life, Vietnam's economy has reached out to the ocean, 34,000 businesses are back in operation, foreign exchange reserves have dropped to a record low, and bad debt has decreased deeply.

"Social security policies, environmental protection, and care for the poor have been implemented well, and sports have achieved high results. Many major corruption cases have been handled, and people's trust has been increased. Each achievement is the continuous effort of the entire political system, and the ability to be proactive and respond to the world's development trends has improved. People's trust in the country's achievements has multiplied."

Prime Minister Nguyen Xuan Phuc

The Prime Minister also requested the conference to discuss finding strong solutions to unlock resources; Remove project obstacles in implementing public investment, continue to promote public investment; Promote the development of sea tourism; Promote the 4.0 revolution, thoroughly handle complaints and denunciations and the Prime Minister emphasized that the Government does not allow "resting on its laurels".

Delegates presiding at Nghe An bridge point. Photo: Lam Tung

Speaking at the conference, General Secretary and President Nguyen Phu Trong said that this was the largest conference ever. Everyone needs to be united in action to successfully carry out the socio-economic tasks of 2019. He praised the important achievements in 2018, which were the result of the joint efforts of the entire Party, the entire army, and the entire people, and the high solidarity and unity.

A corner of VSIP Nghe An Industrial, Urban and Service Park. Photo: Chau Lan

Suggesting some issues for discussion, comrade Nguyen Phu Trong said: Regarding the direction and tasks of 2019, this is the 4th year of the 5-year term, the Government and localities, units proactively and actively deploy the work program with their own solutions to implement right from the beginning of the year.

Continue to consolidate the macroeconomic foundation, respond well to changes in the world economy; Improve growth quality; Promote 3 breakthroughs of the growth model; Promote administrative reform. Balance revenue and expenditure, promote the arrangement of state-owned enterprises, and handle bad debts. In 2019 and the following years, continue to promote the proposed economic programs and projects, focus on high-quality human resources, and focus on the 4.0 revolution so that the economy can fully operate a socialist-oriented market economy. Sectors and levels must thoroughly grasp the Central Resolutions and do better in personnel work.

Also in the morning, the conference listened to Deputy Prime Minister Vuong Dinh Hue introduce the Draft Resolution of the Government on the main tasks and solutions to direct and manage the socio-economic development plan and the State budget estimate for 2019, reports from ministries, branches and speeches from four localities.