Hanoi (VNA) – Vietnam has seen significantsocio-economic progress over the past time, stated Prime Minister Nguyen XuanPhuc at a group discussion on the matter in the morning of October 24 as partof the National Assembly’s ongoing 6th session.

He said people’s living standards improved, the domesticcurrency value was stable, and national reputation in the global stageincreased.  

However, the Government leader pointed to shortcomingsdetailed in the Government’s report, saying more attention should be paid tosocial issues alongside economic matters.

According to the PM, Vietnam ought to look for better growthdriving forces and higher value added and develop science and technology amiddeeper integration. He underscored the importance of tackling overlappedinstitutions and building a constructive government.

Considering the private sector as a key driving force, heurged localities to make efforts in developing different types of enterprises,attracting foreign direct investment (FDI), and connecting the FDI and privatesectors.

About State budget management, he said over-borrowing fordevelopment will result in numerous risks, including rising public debt.

PM Phuc said loans have been used more effectively over thepast time, and recommended the fight against corruption and vetted interestmust take place at all levels and sectors in a serious manner.

The Government leader noted dialogue is an important channelto help people know their concerns and suggestions are acknowledged and heard,adding that if authorities could mobilise the grassroots in monitoring andaccelerating good deeds campaigns, things would be done economically.

He affirmed that the Government will listen to and collectfeedback from the people in order to boost its working quality in 2019.-VNA