National Assembly sets GDP growth target of over 7.0% in 2025

PHẠM ĐÔNG |

The National Assembly resolved to increase the gross domestic product (GDP) by about 6.5-7.0% and strive for about 7.0-7.5%; GDP per capita reaches about 4,900 USD.

On the afternoon of November 12, with 424/426 delegates participating in the vote, the National Assembly voted to pass the Resolution on the Socio-Economic Development Plan for 2025.

The Resolution clearly states that 2025 is the year of acceleration, breakthrough, and reaching the finish line; striving to achieve the highest results in the goals and targets of the 5-year Socio-Economic Development Plan 2021-2025. Continuing to prioritize promoting growth on the basis of maintaining macroeconomic stability, controlling inflation, and ensuring major balances of the economy.

The resolution sets out 15 key targets.

1. Gross domestic product (GDP) growth rate is about 6.5-7.0% and strives for about 7.0-7.5%.

2. GDP per capita is about 4,900 US dollars (USD).

3. The proportion of processing and manufacturing industry in GDP is about 24.1%.

4. The average consumer price index (CPI) growth rate is about 4.5%.

5. The average social labor productivity growth rate is about 5.3-5.4%.

6. The proportion of agricultural labor in the total social labor force reaches 25-26%.

7. The rate of trained workers is about 70%, of which those with degrees and certificates is about 29-29.5%.

8. Unemployment rate in urban areas below 4%.

9. The poverty rate (according to multidimensional poverty standards) decreased by about 0.8-1%.

10. The number of doctors per 10,000 people is about 15 doctors.

11. Number of hospital beds per 10,000 people reached 34.5 hospital beds.

12. Health insurance participation rate reached 95.15%.

13. The rate of communes meeting new rural standards is about 80.5-81.5%.

14. The rate of collection and treatment of urban solid waste meeting standards and regulations reaches 95%.

15. The rate of industrial parks and export processing zones in operation with centralized wastewater treatment systems that meet environmental standards is 92%.

The National Assembly requested the Government and relevant agencies to have strong and drastic solutions to remove institutions, overcome bottlenecks; focus on cutting and simplifying administrative procedures and business regulations, creating convenience and reducing costs for people and businesses.

Innovate thinking in law-making in the direction of both ensuring state management requirements and encouraging creativity, liberating all productive forces, and unlocking all resources; abandon the mindset of "if you can't manage, then ban".

Focus on cutting and simplifying administrative procedures and business regulations, preventing the emergence of new inappropriate and unfeasible procedures, business regulations, standards, and techniques to facilitate and reduce costs for people and businesses.

Focus on removing difficulties and obstacles to restore and develop stably, healthily and sustainably all types of markets, especially the financial market, gold market, corporate bond market and real estate market.

Prioritize promoting economic growth, supporting production and business while maintaining macroeconomic stability, controlling inflation, and ensuring major economic balances.

Concentrate resources and strive to complete the goal of having 3,000 km of expressway nationwide by 2025. Strive to complete procedures and start investment in 2025 for the Lao Cai - Hanoi - Hai Phong railway line.

Preparing to invest in the Lang Son - Hanoi and Mong Cai - Ha Long - Hai Phong railway lines and speeding up the preparation and completion of investment procedures for the entire high-speed railway project on the North - South axis...

PHẠM ĐÔNG
RELATED NEWS

Government proposes to restart nuclear power project

|

The Prime Minister said the Government has been proposing to competent authorities to restart nuclear power projects and strongly develop offshore wind power.

12 projects behind schedule have been handled, many projects have made a profit

|

The Government has reported and proposed to the Politburo to agree on a plan to handle all 12 projects that have been behind schedule and ineffective for many years.

National Assembly questions Minister of Information and Communications

|

National Assembly deputies questioned the role of revolutionary journalism in promoting socio-economic development.

Thailand apologizes for the incident of not playing the national anthem in the match between U22 Vietnam and U22 Laos

|

A rare incident occurred in the opening match of the 33rd SEA Games men's football event between U22 Vietnam and U22 Laos when players of both teams had to "sing" the National Anthem.

Hanoi Police warn of the "diplomatic" scam of social housing spreading online

|

Hanoi - At the Social Housing Dialogue Conference, representatives of Hanoi City Police warned about the "diplomatic" trick of buying social housing

Truck overturned on Cu Hin Pass, causing prolonged traffic congestion

|

Khanh Hoa - The truck overturned accident at Cu Hin Pass caused a long traffic jam from Nha Trang to Cam Ranh airport.

Forecast of bad weather areas in the next 2 days due to tropical depression and cold air

|

The meteorological agency warns that the Dak Lak - Khanh Hoa sea area is affected by the tropical depression.

Establishment of Da Nang Free Trade Zone with seaports, airports and economic zones

|

The Government proposes a series of specific mechanisms and policies for the development of Da Nang, including the establishment of a Free Trade Zone with seaports, airports and economic zones.

Government proposes to restart nuclear power project

PHẠM ĐÔNG |

The Prime Minister said the Government has been proposing to competent authorities to restart nuclear power projects and strongly develop offshore wind power.

12 projects behind schedule have been handled, many projects have made a profit

PHẠM ĐÔNG |

The Government has reported and proposed to the Politburo to agree on a plan to handle all 12 projects that have been behind schedule and ineffective for many years.

National Assembly questions Minister of Information and Communications

PHẠM ĐÔNG |

National Assembly deputies questioned the role of revolutionary journalism in promoting socio-economic development.