Ensuring sustainable growth is a long-term issue: PM

How to ensure sustainable growth remains a long-term task despite the rosy macro-economy signs, said Prime Minister Nguyen Xuan Phuc.

PM Nguyen Xuan Phuc at the working session with the Central Economic Commission (Photo: Tran Hai)
PM Nguyen Xuan Phuc at the working session with the Central Economic Commission (Photo: Tran Hai)

Speaking at a working session between the Government and Central Economic Commission in Hanoi on July 23, the leader underlined the need to apply fiscal, monetary, trade, and investment policies at the same time.

At the meeting, PM Phuc lauded coordination between the two sides, highlighting their joint efforts in organising the Industry 4.0 Summit and Expo, which took place on July 12-13.

He asked participants to focus their discussions on the difficulties facing the national economy, such as slow public investment disbursement, external impacts, as well as tax and commercial barriers on the economy.

The participants looked into various issues, namely the country’s economic growth, inflation, and impacts of the US-China trade tension on the domestic economy.

They also proposed solutions to ensure macro-economic stability and support rapid, sustainable economic growth.