PM calls for quality of statistical data to be enhanced

Monday, 2020-01-06 16:07:02
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PM Nguyen Xuan Phuc speaking at the conference (Photo: VGP)
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NDO - Prime Minister Nguyen Xuan Phuc has asked Vietnam’s statistical agencies to continue to improve the quality of statistical information in order to better serve socio-economic development management.

The head of government was speaking at conference regarding the plan for business surveys in 2020 on January 6.

He said the that statistic data are the fundamental basis for Party and government leaders at all levels as well as authorities who are concerned with making well-informed policies.

Highlighting the importance of statistics, the PM stated that thanks to the statistical system from central to grass-roots levels, Vietnam has been able to promptly announce its impressive economic performance in 2019.

Last year, Vietnam’s economic expansion surpassed its expectations with a rate of 7.02% to reach US$262 billion, with GDP per capita estimated at nearly US$2,700.

Concerning the GDP revision, PM Phuc said the General Statistics Office (GSO) had worked closely with international organisations such as the IMF and UNDP to re-assess the GDP in a more accurate and scientific method.

The PM also expressed his delight that Vietnam ranked 19 in a list of 145 countries by the World Bank’s statistical capacity indicator in 2018.

In 2020 Prime Minister Nguyen Xuan Phuc urged the GSO to continue to enhance the quality of statistical data and announce the revised GDP for 2018, 2019 and 2020 to serve local Party congresses towards the 13th National Party Congress.

He also asked for greater connectivity and better utilisation of statistical databases as well as administrative data from sectors such as taxation, customs, finance and banking towards sharing socio-economic data through the national information system.