VOV.VN - Prime Minister Nguyen Xuan Phuc on August 19 asked for effective and feasible solutions to minimise COVID-19-caused losses and recover the economy in both short and medium terms.

With drastic, flexible and timely directions of the Government and the Prime Minister, and the strong support from people, Vietnam has obtained important results in performing the dual tasks of fighting COVID-19 and boosting socio-economic development.

Prime Minister Nguyen Xuan Phuc has issued a directive on the building of plans for socio-economic development and State budget estimate for 2021, with a target of about 7% of economic growth for the year.

The northern mountainous province of Lao Cai plans to build Kim Thanh border market and a trade centre to attract investment.

The National Assembly has approved over VND137.6 trillion (US$5.97 billion) in funding for the implementation of the first phase of the national target programme on socio-economic development in ethnic minority and mountainous areas from 2021-2030.

The Party, State, and people will forever bear in mind the great devotion of and sacrifice by generations of youth volunteers, PM Nguyen Xuan Phuc said at a July 14 ceremony to mark the 70th anniversary of the Vietnamese Youth Volunteer Force (July 15).