According to the Ministry of Planning and Investment, CPI in the past 5 months increased 1.88% while the annual target stands at 5%. State budget collection only reached about 34%, lower than the same period last year at 37%. Industrial production still is still slowly recovering.
Good news is that Vietnam attracted more than 10 billion US dollars of FDI in the past 5 months. At the meeting, Prime Minister Nguyen Xuan Phuc reiterated that the government will not adjust socio-economic development goals despite current difficulties. He ordered the establishment of a special group led by Deputy PM Vuong Dinh Hue to tackle disbursement issues.
PM Nguyen Xuan Phuc also urged agencies to hasten the equitisation of state-owned enterprises and ensure the quality of life for those in drought and flood hit regions.
