PM Dung noted with satisfaction that in 2006 the country secured a GDP growth rate of 8.2 percent and fulfilled almost all set targets despite natural disasters, epidemics and price hikes of many commodities. He highlighted the country’s success in foreign affairs, citing the successful organisation of the 14th APEC Economic Leaders' Meeting, its nomination as the only Asian candidate for non-permanent membership of the United Nations Security Council in the 2008-09 term and its accession to the World Trade Organisation (WTO).

The government leader also pointed to Vietnam's export revenue of US$39.6 billion, foreign direct investment capital of US$10.2 billion and committed official development assistance (ODA) capital of US$4.44 billion as the country's outstanding achievements in 2006.

However, economic development has yet to fully tap the country's potential, PM Dung said, adding that there remained shortcomings including tardy capital disbursement, slow implementation of projects, lack of qualified human resources, wastefulness in capital construction investment, environmental pollution and unresolved pressing social issues.

At the meeting, Cabinet members discussed the Government’s reports on its performance in 2006 and tasks in 2007, socio-economic development and exports activities in 2006, the issuance of government bonds, the administrative work in 2006 and the Government's plan of action on the implementation of the Anti-Corruption Law. They also endorsed the establishment of provincial and municipal steering boards for corruption prevention to be headed by chairpersons of the provincial and municipal People's Committees.