Prime Minister calls for greater efforts to achieve double-digit growth in 2026-2030
VGP - Prime Minister Pham Minh Chinh presided over the Cabinet meeting on Saturday to review and assess the socio-economic situation in January-November period, and set orientations and tasks for the remaining month of this year.
Prime Minister Pham Minh Chinh (standing) presides over the Government’s regular meeting, Ha Noi, December 7, 2024 - Photo: VGP
In his opening remarks, the Prime Minister urged authorities to strive to accelerate GDP growth to at least 7 percent in 2024, approximately 8 percent for 2025, in order to lay foundation for double-digit growth in the 2026-2030 period.
He emphasized the need to focus on streamlining the organizational apparatus towards a more effective, and efficient manner, while restructuring and improving the quality of cadres, civil servants, and public employees, as well as enhancing the operational efficiency of the apparatus.
Viet Nam ran a trade surplus of US$24.31 billion in the first 11 months this year, the General Statistics Office (GSO) reported Friday.
In November, total trade turnover was estimated at US$66.4 billion, representing a year-on-year increase of 9 percent.
In January-November period, total export and import turnover reached US$715.55 billion, up 15.4 percent against the same period last year in which export value grew 11.4 percent and import turnover rose 16.4 percent.
Of the above total, export turnover was estimated at US$369.93 billion, a year-on-year increase of 14.4 percent. Domestic economic sector contributed US$103.88 billion, accounting for 28.1 percent of the total while FDI sector including crude oil, contributed US$266.05 billion, making up 71.9 percent.
Meanwhile, import turnover reached US$345.62 billion, up 16.4 percent against the same period last year.
Viet Nam attracted nearly US$31.4 billion in foreign direct investment (FDI) as of November 30, a year-on-year rise of 1 percent.
During January-November, foreign investors injected US$17.39 billion in 3,035 new projects, up 0.7 percent and 1.6 percent in terms of capital and number of projects, respectively.
Meanwhile, 1,350 projects had their capital increased with a total amount of more than US$9.93 billion, up 40.7 percent in the project number, and up 12.9 percent in capital year-on-year.
Capital contributions and share purchases by foreign investors fell by 39.7 percent to US$4.06 billion.
Viet Nam's consumer price index (CPI) for November rose by 0.13 percent from the previous month and 2.77 percent compared to the same period last year.
International arrivals totaled in the first 11 months of 2024 reached more than 15.8 million, marking a 41 percent increase year-on-year./.
