Press conference on government monthly meeting

(VOVworld) – Minister and Head of the Government Office Vu Duc Dam chaired a press conference on the government’s meeting for August.

Press conference on government monthly meeting    - ảnh 1
Government monthly meeting for August on Wednesday
(Photo: VGP/Nhat Bac)

Reporters asked questions on the implementation of the master plan on restructuring the economy, growth model, public investment, state-owned enterprises, and credit organizations. Mr. Dam said the Government has asked ministries, sectors, and localities to take drastic measures to boost investment including investment from the State budget, government bonds, ODA, FDI, and private resources to make the total investment equivalent to 30% of GDP.  It’s necessary to raise the productivity of some businesses, boost the implementation of measures to resolve difficulties for production and trading, disburse a package of 150 million USD to support housing projects for low-income earners, and impose an appropriate mechanism for the Vietnam Asset Management Company to exercise its function. Minister Dam says GDP growth could reach 5.4% this year.

"State-owned corporations must focus on their key business. The Government owns some corporations to develop services and products which are of national significance. State-owned enterprises are established and maintained to serve this purpose." Dam said.

Minister Dam also answered questions on an electricity price increase roadmap and assistance to FDI enterprises.

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