Vietnam sets plan for socio-economic development until 2025
(VOVWORLD) - Vietnam is planning to maintain fast, sustainable economic growth until 2025 by strengthening its macro-economy and developing its technology, with the aim of becoming a developing country with a modern industry and surpassing the low-middle income level, said Minister of Planning and Investment Nguyen Chi Dung at a National Assembly meeting on Thursday.
 Minister of Planning and Investment Nguyen Chi Dung (Photo: VNA) |
Vietnam has set 23 development goals by 2025, including an average GDP growth rate of 6.5-7%, a lower household poverty rate, and providing medical insurance to 95% of the population. Minister Nguyen Chi Dung said:
“Vietnam will focus on achieving the dual goals of controlling the COVID-19 epidemic and boosting socio-economic development, adapting epidemic measures to each local situation. We will continue to refine our socialist-oriented market economy, make it independent and self-reliant, improve its adaptability and resilience, and quickly recover economic growth to set up breakthroughs in the coming years.”
Mr. Dung said Vietnam needs to make public investment more focused, uniform, and modern to ensure reasonable budget allocations among localities and fields. Vietnam should expand construction, particularly of communications infrastructure in key economic zones and underdeveloped areas, enhance human resource quality, and boost technology application, he said.