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Thứ 5, Ngày 12/08/2021, 15:00
Striving for five-year average GDP growth to reach 6.5-7%
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12/08/2021

​PORTAL - At the National online meeting of the Government with localities to implement the 13th Party Congress's Resolution and the 15th National Assembly's Resolution on the five-year socio-economic development for the 2021-2025 period, which took place on August 11, on behalf of the Government, Deputy Prime Minister Le Minh Khai presented a Report on the Government's key tasks and solutions for the 2021-2026 tenure, implementing the 13th Party Congress's Resolution and the National Assembly's Resolution on the five-year socio-economic development for the 2021-2025 period.

Accordingly, the general goal is to ensure rapid and sustainable economic growth on the basis of enhancing macroeconomic stability, developing science, technology and innovation, maximizing the potential and advantages of the country; striving for an economic growth rate higher than the five-year average rate in the 2016-2020 period, by 2025 to be a developing country with modern industry, surpassing the low-middle income level.

At the same time, step by step building an orderly, disciplined, safe, healthy, democratic, fair and civilized society. Paying attention to ensuring social security and welfare, improving the people's material and spiritual life. Strengthening national defense and security; resolutely and persistently struggling to firmly protect national independence, sovereignty, unification and territorial integrity and maintaining a peaceful and stable environment for national development. Proactively and actively integrating into the world, improving the efficiency of foreign affairs, the position and prestige of Vietnam in the international arena.

The Government set specific targets: The five-year average GDP growth rate is about 6.5-7%; the proportion of processing and manufacturing industry in GDP reaches more than 25%; digital economy reaches about 20% of GDP; the contribution of total factor productivity (TFP) to growth is about 45%; average state budget deficit is 3.7% of GDP; the rate of poor households according to multidimensional standards decreases by 1-1.5%/year; health insurance participation rate reaches 95% of the population; forest coverage rate is not lower than 42%.

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Deputy Prime Minister Le Minh Khai presents a Report on the Government's key tasks and solutions for the 2021-2026 tenure

In order to realize the set targets, the Government has identified key tasks and solutions, mainly in the 2021-2025 period. In which, being determined to control and repel the Covid-19 pandemic; protecting people's health and life is first and foremost; being steadfast in the goal of both Covid-19 prevention and control, and socio-economic recovery and development. Consolidating and maintaining macroeconomic stability, ensuring major balances of the economy, creating favorable conditions for production and business, and promoting growth. 

Drastically and effectively restructuring the economy in association with renovating the growth model; developing digital economy and digital society. Paying attention to the shift from development in breadth to depth, improving productivity, quality, efficiency and competitiveness. Developing a number of foundation industries; prioritizing spearhead industries, high-tech industries and supporting industries.

Stepping up the mobilization of all resources for national development, especially economic and cultural and social infrastructure. Renovating investment resource allocation mechanism, giving priority to attracting development resources to key economic regions, growth poles, large cities, spearhead industries, and national key projects. Promoting the development of regional linkages, economic zones and urban development. Researching and promulgating coordination regulations; strongly promoting the development of regional, intra-regional and inter-regional linkages, having regional coordination institutions, mechanisms and policies to promote the role of growth engines of key economic regions, soon creating new dynamic regions and new growth poles. Developing human resources to meet the requirements of the Fourth Industrial Revolution and international integration; strongly developing science, technology and innovation.

Promoting cultural values, Vietnamese people's strength and national great unity strength, realizing social progress and justice, improving people's living standards, ensuring a harmonious connection between economic development and culture and society.

Improving the effectiveness and efficiency of state management and development creation capacity; tightening discipline and administrative rules along with creating an innovation environment. Consolidating national defense and security, improving the efficiency of foreign affairs, international integration, etc. Building a clean, strong and comprehensive Party, improving the leadership capacity and combat strength of Party organizations and party members in the Government and authorities at all levels, contributing to building a socialist rule of law state of the people, by the people, for the people. Mobilizing the national great unity strength in the cause of national construction and defense, etc.

Reported by Yen Nhi - Translated by Nguyen Trang

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