Deputy Prime Minister Vuong Dinh Hue has signed a decision to establish the secretariat to assist the national steering committee on restructuring the economy and renewing the country’s growth model.

This group has the function of advising and assisting the steering committee and the Ministry of Planning and Investment (MPI) - the standing body of the steering committee in its activities.

The secretariat is composed of 26 members. The leader is Nguyen Dinh Cung, director of the Central Institute for Economic Management, under the MPI.

The secretariat is responsible for co-ordinating with experts and scientists who have been invited to advise and assist the MPI in preparing report evaluations, monitoring the results of the restructuring of the economy and innovating the growth model.

In addition, the group is also assigned to advise the MPI on the direction, tasks and solutions for restructuring the economy and renewing the growth model; to advise and assist the MPI in organising the implementation of the programme and operation plan as well as the decisions and conclusions of the steering committee; and to perform the tasks assigned by the head and deputy-heads.

Last year, Prime Minister Nguyen Xuan Phuc decided to establish the national steering committee, aimed to consult and help the Government and the PM in directing and co-ordinating with the relevant ministries, agencies and localities to implement the restructuring of the economy and the renewal of the growth model. — VNS