The Resolution No. 142/2016/QH13 on 5-year socio- economic development plan from 2016-2020 passed by the National Assembly on April 12, 2016, Stabilize the macro- economy and boost the growth of national economy; restructure the economy, improve productivity and competitiveness. Foster national cultures, democracy, social justice, social welfare and security…
The Resolution 5-year average GDP: 6.5 – 7%; GDP per capita in 2020: Approximately 3,200 – 3,500 USD; industry and service contribution to GDP in 2020: 85%; 5-year average social investment in GDP: 32-34%; State budget deficit in 2020: <4% of GDP; percentage of trained workers in 2020: Approximately 65 – 70% including 25% workers with qualifications; urban unemployment rate in 2020: <4%; poverty rate: Averagely decrease by 1.0 – 1.5%/ year…
With above targets, the Resolution lists out the specific tasks and solutions such as Applying flexible monetary policies to stabilize Vietnam dong value; Strictly controlling the State budget, tax collection and allocation; Reallocating the State budget; Enhancing product quality and launching diversified products that meet the national standards. Introducing defense measures for protecting domestic production and consumers’ interests…
At the same time, constructing road networks, expressways and North-West railways, and upgrading existing railways, inland and coastal waterways. Prioritizing the investment in transport infrastructures in disadvantaged areas. Dealing with traffic congestion in Hanoi and Ho Chi Minh. Reasonably setting up tollbooths to reduce toll fees for residents and enterprises… in the education and training field, reforming curricula forms and methods of examination, tests and evaluation of student’s performances, help students develop their critical-thinking, creativity and self-study…
