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Flexible fiscal & monetary policies help boost economic growth (01/9)
01/09/2015 - 17 Lượt xem
“The
macro-economy was stable. The economy was on the right track.
The business environment was improved. Social security was ensured,”
said Minister of Planning and Investment Bui Quang Vinh.
Positive outcomes
Economic experts assessed that the macro-economy in
August, 2015 was controlled properly and continued to rebound with
positive outcomes despite strong impacts from the regional and global
markets, including a sharp drop in oil prices, stock market
fluctuations as well as Chinese Yuan devaluation.
In January-August, industry production index picked
up 9.9% year-on-year. Consumption price index (CPI) saw a
month-on-month decline of 0.07% and a year-on-year growth of 0.61%.
Total retail sales and service revenue in August was estimated at VND
271.7 trillion, up 0.2% against last month and 10.1% against the same
period last year.
As of August 20, Viet Nam attracted 1,219 new FDI
projects worth US$7.89 billion, posting a year-on-year surge of 8.7%.
Meanwhile, 389 FDI projects got additional capital of US$5.46 billion,
up 82.8% against the same period last year.
In August, export turnover valued at US$14.5
billion, over 9,300 enterprises were founded, and over 1,350 enterprises
resumed operation.
However, the economy still faced challenges such as
declining exports, high exchange rates (chiefly caused by the Yuan
devaluation), reduced budget collection (sparked by oil price drop),
and stock market fluctuations.
Positive solutions
PM Nguyen Tan Dung requested ministries and
agencies to continuously keep a close watch on the situations; make
accurate forecasts; and seek timely measures even in the worst cases.
He also tasked ministries, agencies and localities
to pursue the preset goals especially macro-economic stability, GDP
growth rate, inflation curbing, budget collection, import and export;
properly control and stabilize exchange rates and interest; develop the
stock market; balance budget collection and spending; boost collection
and exercise thrift-practice./.
Source: Chinhphu.vn
