Not only achieving a growth rate of 7-7.5% as the National Assembly resolved, the Government also sets a higher target, which is to maintain momentum, keep pace and accelerate, make a breakthrough, and strive to achieve a growth rate of 8% in 2025, creating a premise for the nation's rising era.
Attracting investment in new industries, fields and high technology will create breakthroughs for growth drivers.
Maintain momentum, keep pace and accelerate, make a breakthrough The 8th session of the 15th National Assembly has just ended, approving the Socio-Economic Development Plan for 2025. One of the main goals resolved by the National Assembly is to achieve GDP growth of 6.5-7%, striving to reach 7-7.5% next year. Just a few days after the Resolution was passed by the National Assembly, the Government set greater goals and expectations for 2025, the final year of the 5-year Plan 2021-2025, and also the year of preparation for the next 5-year Plan, 2026-2030. That is, instead of striving for GDP growth of 7-7.5%, the Government aims for a higher goal, achieving growth of about 8% to create momentum, create force, and create momentum to implement socio-economic development goals for the entire 2021-2030 period. This was emphasized by Prime Minister Pham Minh Chinh at the National Conference to disseminate and summarize the implementation of Resolution 18-NQ/TW of the 12th Party Central Committee, which took place on December 1, 2024. This is a high goal, in the context that the world economy and Vietnam are forecast to continue to face difficulties, even more challenges than opportunities in 2025. This goal demonstrates the Government's determination to accelerate the economy and make a breakthrough in 2025, to achieve greater goals, which is "to create a premise and a solid foundation for the country to enter a new era, an era of striving to become a rich and prosperous nation and the people are increasingly happy and prosperous", as Prime Minister Pham Minh Chinh said. The foundation for achieving the 2025 plan is the results of 2024. Up to this point, although there are no official figures, many forecasts show that GDP growth in 2024 will reach about 7%, higher than the target of 6-6.5% that the National Assembly has resolved. With this result, Vietnam is among the few countries with high growth rates in the region and the world. Statistics on the socio-economic situation in the first 11 months have contributed to strengthening this forecast. For example, the total import-export turnover of the whole country is estimated at about 715 billion USD, an increase of 15.3% over the same period last year, with a trade surplus of over 23 billion USD; the whole year is estimated at 807.7 billion USD, the highest ever. Foreign investment attraction in 11 months reached about 31 billion USD, continuing the positive trend, while realized capital reached 20.4 billion USD - the highest ever. The economic recovery has led to more positive development in the business sector, with 220,800 newly established and re-operated enterprises in 11 months, up 9.6% over the same period... Thanks to more vibrant economic activities, state budget revenue in 11 months was equal to 106.7% of the estimate and increased by 16.4% over the same period; the whole year is estimated to exceed the estimate by more than 10%... These are important economic indicators demonstrating the recovery of the economy, which both the Government and the National Assembly's auditing agencies highly appreciated at the 8th Session of the 15th National Assembly. The great task assigned by the Party The growth target of 8% is not only the target set by the Government, but also a great task assigned by the Party. Speaking at the National Conference to disseminate and summarize the implementation of Resolution 18-NQ/TW of the 12th Party Central Committee, General Secretary To Lam emphasized the need to achieve the socio-economic development goals set out in the Resolution of the 13th Party Congress. Among the contents resolved by the 13th Party Congress, the average growth target for the 5-year period of 2021-2025 is set at 6.5-7%. Meanwhile, the target for the entire 10-year period of 2021-2030 is an average GDP growth of about 7%. In the first years of the 5-year Plan 2021-2025, due to the impact of the Covid-19 pandemic and global geopolitical fluctuations, GDP growth slowed down, affecting the implementation of the growth target of both the 5-year Plan 2021-2025, as well as the 10-year Strategy 2021-2030. The Government aims for a higher target, achieving growth of about 8% to create momentum and force to implement socio-economic development goals for the entire 2021-2030 period.
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Source: https://baodautu.vn/tang-toc-but-pha-tao-tien-de-cho-ky-nguyen-vuon-minh-d231576.html
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