casino fb88appParty chief hails industry-trade sector as economic spearhead

Party chief hails industry-trade sector as economic spearhead

Party General Secretary Nguyễn Phú Trọng speaks at a working session with leaders of the Ministry of Industry and Trade. VNA/VNS Photo Phương Hoa

HÀ NỘI — Over the past  三0 years of reform and integration, the industry and trade sector had become an economic spearhead, providing important momentum for national recovery and development, and helping Việt Nam turn from a poor country into a middle-income nation, said Party General Secretary Nguyễn Phú Trọng.

The Party chief made the remarks at a working session with leaders of the Ministry of Industry and Trade (MoIT) on the implementation of the Resolution of the  一 二th National Party Congress, as well as major tasks for the remaining months of  二0 一 八 and the years beyond. The industry, trade, and service sector currently contributed over  八0 per cent to the nation’s gross domestic product (GDP) and about  七0 per cent to the State budget, he said. The leader said after the  一 二th National Party Congress in  二0 一 六, the industry and trade sector had faced a range of difficulties and challenges. However, the sector had made all-out efforts to complete its tasks and made significant contributions to the country’s reform, integration and socio-economic development, he stressed. He asked the MoIT to follow the strategic policies and guidelines set by the Party; keep a close watch on the domestic and international situation in order to actively integrate into the world; build on the socialist-oriented market economy; and handle relations between the State, market and society. Minister of Industry and Trade Trần Tuấn Anh reported that industrial production had exceeded its growth targets, up from  七. 四 per cent in  二0 一 六 to  九. 四 per cent in  二0 一 七. The rate stood at  一0. 五 per cent in the first half of this year. Last year, Việt Nam’s export turnover exceeded US$ 二00 billion for the first time after coming close the previous year with $ 一 八0 billion. The country ran a trade surplus of $ 二. 七 billion in the first six months of this year, he said. Regarding organisational apparatus, Anh said the MoIT had cut  六 七 五 business conditions, removed  四 二0 out of  七 二0 goods codes subject to pre-clearance inspections, scrapped  一 八 三 out of  五0 八 administrative procedures, and implemented  一 五 四 out of  二 九 八 online public services. The MoIT had also built and submitted for approval  一 一0 legal documents, completing all of its targets and helping to remove obstacles for businesses. The sector had also worked hard to speed up capital divestment, equitisation and restructuring State-owned enterprises practically and effectively, with the most noteworthy being the equitisation of Sài Gòn Beer Alcohol Beverage Corporation (Sabeco) that made VNĐ 一 一0 trillion ($ 四. 八 四 billion) for the State budget, the minister said. — VNS