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Vietnam adopts resolutions on socio-economic development plans

Thursday, 10 November 2011


HANOI, Nov 9 (Xinhua): Deputies to the second session of the Vietnamese 13th National Assembly (NA) adopted here Wednesday three important resolutions on the socio-economic development plan for 2012, the government's bond capital for 2011-2015, and the country's key projects to be implemented during 2011-2015. Under the socio-economic development plan for 2012, 13 major targets with nine tasks and measures were set. Focus will be made on curbing inflation, stabilising macroeconomy, maintaining growth at proper level and in connection with restructure of the economy, increasing competitiveness, improving people's living conditions, consolidating national defense and security, and expanding external relations and global integration. In addition, the country's GDP is expected to rise between 6 per cent to 6.5 per cent; total export turnover increases 13 per cent; import value at 11 per cent to 12 per cent of total export value; state's budget deficit below 4.8 per cent of the GDP; and consumer price index (CPI) below 10 per cent. About 1.6 million jobs will be created; unemployment in rural areas at 4 per cent; and the rate of poor household decreases 2 per cent. The NA also approved capital for the government bond with less than 225 trillion Vietnamese dong (10.7 billion US dollars) during the 2011-2015 period. Sixteen key programmes will be implemented during the 2011-2015 period, with total investment of no more than 276.372 trillion Vietnamese dong (13 billion US dollars) as suggested by the government. They include projects on vocational training, poverty reduction, clean water supply in rural areas, healthcare, family planning and population, food safety, culture and education, among others.