Prime Minister Nguyen Tan Dung has asked ministries and sectors to intensify the disbursement of public investment, FDI and ODA sources and ensure the right use of the capital in order to boost the country's development.
Chairing the Government's regular meeting in Hanoi on April 29, PM Dung emphasised the importance of increasing the total demand, speeding up the progress of key projects, solving bad debts and ensuring credit quality.
Members of the cabinet gather in Ha Noi on April 29
"Economic growth and employment for labourers depend on the increase of the total demand," stated Dung.
Attention must be paid to improving the business and investment environment and creating favourable conditions for enterprises to access loans and develop their production, he said, adding that administrative procedures relating to business registration, land, customs and taxation must be reformed.
The Government leader also noted that the equitisation of State-owned enterprises should be intensified in an effective and legitimate manner.
Regarding the measles outbreak in recent weeks, PM Dung asked the Health Ministry to continue taking drastic measures to prevent the virus from spreading further.
Special attention should be paid to preventing and controlling other diseases, he said.
During the meeting, Cabinet members also reviewed the socio-economic situation in April and in the first four months of 2014, and discussed how to best achieve the targets set for this year.
They cited the successes recorded during January-April, including maintaining macro-economic stability and curbing inflation, which, they said, would help the country fulfill its yearly targets.
However, participating members also said the economy was facing various difficulties and challenges, adding the husbandry sector was encountering epidemics and industrial production was seeing low sales and high materials costs.
They said it was necessary to focus on solving difficulties for production and business, boosting sales of commodities and fighting trade fraud.
Other issues on the meeting's agenda included a report on the real estate market, amendments and supplements to the Government's Resolution No 2 on solutions to remove difficulties for production and business and deal with bad debt, and several draft laws, among others.
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