(VOVworld) – An international workshop looks at Vietnam’s five-year socio-economic development in the period from 2011 to 2015 and strategic adjustments.

Deputy Prime Minister Nguyen Xuan Phuc addresses the international workshop on Vietnam's five-year socio-economic development. ( Source: baodientu.chinhphu.vn)

The event was held in Hanoi on Monday by the Party Central Committee’s Economic Commission, the National Economics University, the World Bank and the National Assembly’s Economic Committee. Deputy Prime Minister Nguyen Xuan Phuc said that in the first phase of implementing the five-year socio-economic development plan, the government and sectors at all levels had taken a number of measures to stabilize the socio-economy, resulting in controlled inflation, reduced interest rates, stable exchange rates and a considerable export growth. Mr. Phuc stressed that though the economy was on the way to recovery, but major targets of the development plan remained difficult to fulfill: "Being aware of the difficulties of the economy, the Party and State have taken a number of synchronous measures to stabilize the macro-economy, and effectively support enterprises in building a modern, dynamic economy with a high internationally competitive ability. I believe that the ideas contributed by the participants form a good analysis of the current difficulties, future risks and trends to the economy which will help the government in possibly using more drastic measures to boost the economic recovery".