Government targets 6.8% in GDP growth in 2019

• IMF forecasts Vietnam’s GDP to grow 6.6% in 2018
• Standard Chartered Bank raises GDP forecast
• Women’s Union chapter of GDP carries gratitude activities in Con Dao

Prime Minister Nguyen Xuan Phuc

Based on the gross regional domestic product (GRDP) in the first six months of this year, localities are required to estimate the figure for the whole year and forecast development prospects to identify a rational GRDP for 2019.

To reach the goal, the Government will accelerate administrative reforms and build a modern and professional administrative system to serve national development. 

Meanwhile wage reform will be sped up in line with the resolution adopted at the 7th plenary session of the 12th Communist Party of Vietnam Central Committee. The reform must ensure that payrolls encourage investment in human resources and greater labour productivity.

Regarding the settlement of complaints and denunciations, and corruption prevention, inspections should be enhanced in fields that pose risks like land management, public assets and construction using State funds. 

Examination, prosecution and trial will be carried out for serious economic frauds and punishment will be given to anyone who causes critical losses for the nation. 

The country will further efforts to consolidate security-defence and protect national independence, sovereignty and benefits. In addition, it will keep vigilant to defeat sabotage plots from hostile forces and prevent the establishment of opposing political organisations in the country.