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The first day of the Cabinet’s May regular meeting, Ha Noi, June 1, 2016 - Photo: VGP/Quang Hieu
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Addressing the opening ceremony, PM Phuc said the meeting will focus on crafting guiding documents for passed laws and seeking measures for socio-economic development, especially for production, business, and job generation.
The PM noted the importance of legal building in extricating bottlenecks to achieve growth. Thus, on June 1, the Cabinet will review slow introduction of guiding documents for the Enterprise Law and the Investment Law, he said.
On June 2, the Government will discuss socio-economic performance, national defense, diplomatic affairs with a view to realizing the National Assembly’s set goals.
As schedule, the Government members will listen to President of the Viet Nam Fatherland Front Nguyen Thien Nhan to present a coordinating plan between the two sides to encourage citizens to implement Party and State’s orientations and policies.
In addition, the Government will listen to a report on resettlement of obstacles in capital withdrawal in some investment projects; operation of the Price Management Steering Committee in 2015 and early 2016, and its orientations in 2016; a bill on irrigation, a draft ordinance on plant variety, and a project on capital transition freedom roadmap.
Earlier, competent agencies published positive key economic indicators. The CPI in May rose 0.54% against the previous month. For the whole five months, the CPI has upped 1.88 percent.
Foreign direct investment (FDI) worth nearly US$10.16 billion flowed into Viet Nam in the first five months of this year, an increase of 136.4% from the same period last year.
There were more than 44,700 newly established enterprises with a total capital of VND 349.5 trillion (US$15.5 billion in the first five months of this year).
The total agro-forestry-fishery export turnover in the first five months of this year is estimated to reach US$12.18 billion, a year-on-year increase of 4.9%.
The Index of Industrial Production (IIP) in the first five months of 2016 picked up 7.5% from the same period last year, with May’s figure increasing 7.8% year-on-year.
Foreign arrivals to Viet Nam have reached over 4 million so far this year, up 20% year on year, with an increase being seen in most tourist markets./.
By Kim Anh
