Prime Minister (PM) Nguyen Xuan Phuc directed all ministries, sectors and localities to make maximum efforts to achieve socio-economic targets set by the National Assembly in 2016, during the Government’s regular meeting in Hanoi on November 29.

He said December is the peak time for disbursing basic construction capital, promoting sales of goods, ensuring traffic order and safety, and preventing fire and explosions.

PM Nguyen Xuan Phuc speaking at the meeting

“Not only the Government, the PM, Deputy PMs and Cabinet members but also the entire system from the central level to ministerial, provincial, district and communal levels must move to serve people and businesses,” the PM said.

In this direction, it is necessary to remove any regulations that hinder development, he said.

PM Nguyen Xuan Phuc instructed the Vietnam Asset Management Company (VAMC) to promote its role in handling bad debts, stressing that loss-making businesses must not be saved.

He reiterated the resolve to cut public expenditure, asking localities to save 10 percent of their non-salary regular expenditure for salary raise policy and other necessary tasks.

He also ordered the early discussion of socio-economic development orientations for 2017 to avoid lax business and production at the beginning of the year.

The PM reminded ministries, competent agencies and localities to prepare for the traditional Lunar New Year 2017 and support poor people to enjoy warm Tet holiday.

Among issues discussed at the meeting, restructuring agricultural production attracted great attention as it is a key pillar of the economy, along with the impacts of trade agreement on farm produce exports.

Source: VNA