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  Viet Nam targets a GDP growth rate of 8.5 percent in 2005

Viet Nam will strive to register an economic growth rate of 8.5 percent in 2005, said Prime Minister Phan Van Khai at the Governments year-end meeting in Ha noi on Monday and Tuesday.

For that end, the PM said that ministries and sectors should work out effective measures to boost industrial and agricultural production, develop services and exports, and increase product competitiveness. He pointed to the need to pay special attention to growth quality to ensure a sustainable development until 2010.

In 2004, Viet Nam posted an economic growth rate of nearly 7.7 percent, higher than the rate in 2003, in spite of flash floods, prolonged drought and a bird flu outbreak. The country saw an increase of 3.5 percent in the agro-forestry and fishery sector, a rise of 10.2 percent in industry and construction, and a growth of 7.5 percent in services.

At the meeting, cabinet members focused on the enhancement of the administrative reform, clarification of ministries and sectors duties and their leaders responsibilities, the building of a contingent of qualified cadres, especially at the grassroots level, the strengthening of discipline in the administrative apparatus, and the fight against corruption and other negative phenomena.

They also discussed a master plan on the development of an e-government until 2010, a draft law on amendments and supplements to some articles of the Customs Law, and a draft ordinance on anti-HIV/AIDS (revised).

The meeting was chaired by Prime Minister Phan Van Khai and his deputies Nguyen Tan Dung , Vu Khoan, and Pham Gia Khiem.


Source
: VNA (Ha Noi) - 28 Dec 2004
Date: 12/29/2004
 
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