Continuing the 38th session of the National Assembly Standing Committee, on the morning of October 9, Minister of Planning and Investment Nguyen Chi Dung reported on the implementation of the 2024 socio-economic development plan and the expected 2025 socio-economic development plan.
According to Minister Nguyen Chi Dung, based on the results of the first 8 months, it is estimated that 14/15 main targets for the whole year of 2024 will be achieved and exceeded. The GDP per capita target is approximately achieved (4,647 USD compared to the target of 4,700-4,730 USD) due to exchange rate fluctuations.
However, if calculated in VND, at the time of planning for 2024, the target GDP per capita was about 112 million VND; the estimated implementation in 2024 was about 123 million VND, exceeding the set target.
The GDP growth rate in the following quarter is higher than the previous quarter, the whole year is estimated at about 6.8-7%, exceeding the target set by the National Assembly (6-6.5%), belonging to the group of few countries with high growth in the region and the world and highly appreciated by international organizations.
The restructuring of administrative units at district and commune levels has been carried out drastically nationwide. The fight against corruption, negativity, practicing thrift and combating waste has continued to be promoted and achieved many results.
The Government has accelerated the handling of weak enterprises, slow-progressing and ineffective projects. Of these, four nitrogen projects (DAP-1, DAP-2, Ninh Binh Nitrogen, Ha Bac Nitrogen) have made profits and paid off their loans on time.
Completed the transfer plan for CB Bank and OceanBank, and is continuing to complete the transfer plan for GP Bank and Dong A Bank.
The Government has allocated nearly VND700,000 billion, ensuring sufficient resources to increase the basic salary by 30% for cadres, civil servants, public employees, and armed forces. At the same time, pensions, social insurance, preferential allowances for meritorious people, and social allowances will be adjusted from July 1, 2024 to the highest level ever; the regional minimum wage for employees in enterprises will be adjusted by 6% in 2024.
Regarding the planned socio-economic development plan for 2025, Minister Nguyen Chi Dung said that the Government aims for GDP growth of about 6.5-7% and strives to achieve a higher growth rate (7-7.5%) so that by the end of 2025, Vietnam will rank 31-33 in the world in terms of GDP scale; GDP per capita will reach about 4,900 USD...
According to Minister Nguyen Chi Dung, with the results achieved from 2021 to present and the expected Socio-Economic Development Plan for 2025 as above, we will achieve and exceed most of the main targets for the 2021-2025 period set by the 13th National Party Congress.
At the same time, put into use more than 3,000 km of expressway, exceeding the set target; increase salary, increase allowances for meritorious people, pensions, social security and adjust the regional minimum wage for workers by 6-7%/year...
Some GDP-related indicators, especially the GDP growth rate, are difficult to achieve (2.58% in 2021, 8.12% in 2022, 5.05% in 2023. 2024 is expected to reach 6.8-7%, striving to achieve higher).
