PM Nguyen Xuan Phuc presides over the monthly Cabinet meeting on Wednesday to discuss socio-economic performances over the recent nine months of 2019, which has marked outstanding growth to pave the way for fulfilling growth goals set for the whole year. 

PM Nguyen Xuan Phuc presides over the monthly Cabinet meeting
on Wednesday to discuss socio-economic performances over
the recent nine months of 2019, Ha Noi, October 2, 2019
- Photo: VGP/Quang Hieu 

 According to the report of the Ministry of Planning and Investment, the Gross Domestic Product (GDP) growth in nine months set a new record over the recent nine years, reaching 6.98%. The GDP growth in the third quarter of the year hit 7.31%, higher than the same period last year. 

The total Foreign Direct Investment (FDI) disbursement was estimated at US$14.22 billion, a year-on-year increase of 7.3%.  

Other positive economic indicators include a trade surplus of US$5.9 billion, 102,000 newly-established enterprises and 13 million foreign arrivals recorded in nine months. 

Viet Nam’s tourism jumped four steps from the position 67th to 63th among 140 countries and economies in the World Economic Forum (WEF)’s The Travel and Tourism Competitiveness Report 2019. 

The nation's socio-economic performances over the recent nine months
of 2019 marks outstanding growth to pave the way for fulfilling growth
goals set for the whole year.

 In the fourth quarter of the year, the National Assembly, the Government and ministries and agencies at all levels must resolutely and effectively carry out set tasks and measures, focusing on measures to boost consumption and investment, particularly public investment and improve the resistance of the economy against the disadvantaged developments of the global economy. 

At the meeting, Government members will listen and discuss contents related to the allocation of capital for investment in 2019, the draft Resolution of the Government on enhancement of disbursement, the implementation of the public investment plan for 2019 and forecasts for the public investment plan for 2020 and preparations for the eight session of the 14th National Assembly.