Viet Nam Human Rights
10 remarkable socio-economic achievements in 2016
30/12/16
Prime Minister Nguyen Xuan Phuc highlighted 10
remarkable socio-economic achievements in 2016 and nine outstanding problems
while chairing a conference of the government and localities in Hanoi on
December 28th.
In his opening speech, he said despite numerous challenges during
the year, the government has been determined to build transparent, constructive
and action-minded administrative systems at all levels and issued a number of
resolutions to improve business and investment climate.
Notably, the year 2016 was designed to be a Year of Start-up.
A working group was established to inspect the implementation of
tasks assigned by the government and the PM. As many as 6,367 out of 10,205
tasks have been fulfilled. Among 3,838 unfulfilled tasks, 182 failed to meet
deadline while others are under way.
As the result, the country posted a 6.21 percent GDP growth,
higher than the rates recorded by many developing countries in Asia and
Southeast Asia. The foreign currency reserves hit a record USD41 billion while
revenues to the State budget met target. Export value increased 6.8 percent and
export surplus reached USD2.68 billion despite losses of 1 percent and 0.3
percent loss of GDP caused by natural disasters and the mass fish deaths in the
central region, respectively.
More than 110,000 new firms were established during the year with
a total registered capital of VND891 trillion (USD38.7 billion), the highest so
far, up 48.1 percent in capital and 16.2 percent in the number of businesses.
The disbursement of foreign direct investment hit a record USD15.8
billion. As of December 26th, there were 2,556 foreign-invested projects
nationwide. The total newly-registered and additional capital amounted to
USD24.4 billion, up 7.1 percent annually.
Tourism sector served more than 10 million tourists, also the
highest so far.
The country was ranked 89th out of 190 countries and territories
in terms of business climate, up 9 places from 2015.
The new rural development campaign brought about positive results,
with 30 district-level units and 2,235 communes, or more than 25 percent of
communes nationwide, have met criteria for new-style rural areas.
Regarding social development, the poverty rate based on
multi-dimensional criteria fell to nearly 8.5 percent, with 1.61 million new
jobs being created. The health insurance coverage surpassed 81 percent for the
first time. The country won its first Olympic gold medal.
Attention has also been paid to law-building, with the issuance of
160 decrees guiding the enforcement of laws.
Under the direction of the PM and government, the entire political
system joined in efforts to prevent and mitigate natural disasters, climate
change response and environment protection. The Government has closed natural
forests and strictly punished forest destruction activities.
Urgent issues of public concern have been dealt with promptly,
including the marine environment incident in the central region, food safety,
and the fight against corruption and vested interest as well as wastefulness.
The nine outstanding problems in 2016 included a 64 percent slump
in the mining industry’s production index, with crude oil output and export
value tumbling 12 percent and 36.7 percent, respectively, due to the strong
fall in world oil prices.
Drought, flooding and saline intrusion devastated many regions.
The marine environment incident has caused serious consequences, especially in
the central region. Projects worth trillion VND incurred losses while
commercial banks faced high risks.
Serious fires, road accidents and crimes happened across the
country. A number of serious violations of personnel regulations have been
uncovered such as the case involving former Vice Chairman of the Hau Giang
provincial People’s Committee Trinh Xuan Thanh.
Vietnam fell four places in international rankings in innovation
and creativity, placed at 59th out of 128.
Members of the government and local authorities listened to a
draft resolution on launching the government’s action plan to implement the
resolution on Party building and rectification adopted by the fourth plenum of
the Party Central Committee (12th tenure).
Participants gave nod to the government’s report and expressed
determination to perform socio-economic tasks since the beginning of next year.
Local officials vowed to continue improving business climate and
facilitating business operations.
In the morning of December 29th, the conference is due to discuss
socio-economic affairs./.
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