Resolution adjusting 2025 socio-economic development plan adopted

Under the resolution, the legislative body decided to adjust some key targets. Accordingly, the gross domestic product (GDP) growth rate is set to reach 8% or higher, with the GDP scale this year expected to exceed 500 billion USD. The GDP per capita is projected to surpass 5,000 USD, and the average consumer price index (CPI) growth rate is targeted to be around 4.5 - 5%.

pct-nguyenduhai-lh-a3.jpg
NA Chairman Nguyen Duc Hai chairs the session. Photo: Quang Khanh

The 15th National Assembly (NA) on February 19 passed a resolution on supplements to the 2025 socio-economic development plan which sets a growth target of at least 8%, at its ninth extraordinary session.

Under the resolution, the legislative body decided to adjust some key targets. Accordingly, the gross domestic product (GDP) growth rate is set to reach 8% or higher, with the GDP scale this year expected to exceed 500 billion USD. The GDP per capita is projected to surpass 5,000 USD, and the average consumer price index (CPI) growth rate is targeted to be around 4.5 - 5%.

thongqua-kinhtei-vqk.jpg
Lawmakers vote to pass resolution on supplements to the 2025 socio-economic development plan (Photo: Lam Hien)

The NA agreed with the tasks and solutions proposed by the Government and relevant NA agencies, while urging the Government and related agencies to focus on implementing several key tasks and solutions.

It placed the top priority on perfecting the institutional and legal frameworks, as well as improving the effectiveness of law enforcement.

dai-bieu-a7.jpg
Lawmakers vote to pass resolution on supplements to the 2025 socio-economic development plan (Photo: Ho Long)

Resources should be focused on completing strategic infrastructure systems; clearing obstacles and effectively utilising public investment; reforming administrative procedures; improving the investment and business environment; and strengthening and renewing traditional growth drivers.

Furthermore, there should be a strong push to promote new growth drivers; develop new, advanced productive forces; and create breakthroughs in the development of science, technology, and digital transformation.

Also on the day, lawmakers voted to approve a resolution piloting several mechanisms and policies to remove barriers in science-technology research, innovation, and digital tranformation activities. The resolution comprises four chapters and 17 articles./.

Politics-Diplomacy

Vietnamese top legislator receives Ethiopian PM
Politics-Diplomacy

Vietnamese top legislator receives Ethiopian PM

National Assembly Chairman Tran Thanh Man highlighted the fine friendship and cooperation between the two countries, built on the foundation of solidarity, and mutual support and respect, stating that the Vietnamese NA always supports and wishes to contribute to the relationship.

14th National Party Congress's draft documents more revolutionary, action-oriented, highly feasible: PM
Politics-Diplomacy

14th National Party Congress's draft documents more revolutionary, action-oriented, highly feasible: PM

In the political repor, along with adding the learned lessons and forecasting the context and situation, it highlights the following viewpoints: ensuring development for stability, and stability for rapid and sustainable development of the country; promoting the comprehensive building and improvement of institutional frameworks for fast and sustainable development; addressing bottlenecks and obstacles in a timely and decisive manner; and unlocking all resources and mobilising all drivers of growth

Grand banquet held in honour of top Chinese leader
Politics-Diplomacy

Grand banquet held in honour of top Chinese leader

The host announced that both sides had held highly successful talks and reached broad consensus on key directions and measures to further strengthen Vietnam-China relations, paving the way for a more substantive relationship in a new era of prosperity and development for both nations.

The two leaders jointly witness the presentation of 45 cooperation documents across a wide range of sectors (Photo: VNA)
Politics-Diplomacy

Vietnamese Prime Minister meets China's top leader

PM Chinh expressed appreciation for Xi’s four visits to Vietnam in his capacity as Party General Secretary and President of China, believing that this historic milestone will provide strategic direction and fresh impetus to further foster ties between the two Parties and countries.