08/11/2016 09:45 GMT+7 Email Print Like 0

National Assembly targets 6.7-percent GDP growth in 2017

Hanoi, November 7 (VNA) – The National Assembly (NA) on November 7 adopted a resolution on the socio-economic development plan for 2017, which aims at a gross domestic product (GDP) growth rate of about 6.7 percent.

As much as 85.02 percent of the NA deputies approved the resolution at the plenum, which was part of the 14th parliament’s second session.

The plan also targets a 6-7 percent rise in export-import revenue, and trade deficit accounting for some 3.5 percent of the total trade turnover. While the consumer price index is hoped to increase around 4 percent, total social development investment is expected at 31.5 percent of GDP.

Vietnam is set to have its household poverty rate declined by 1-1.5 percent under the multidimensional measurement. The respective health insurance and forest coverage is hoped to reach 82.2 percent and 41.45 percent next year.

The plan continues to target a stable macro-economy, economic restructuring associated with growth model reform, and the economy’s better competitiveness. It also looks to encourage sustainable start-up, ensure social welfares, proactively respond to climate change, increase environmental protection, and step up administrative reforms.

Under this plan, the country will press on with protecting independence, sovereignty, territorial integrity, national security, political stability, and social order and safety. It is also going to improve diplomatic activities, international integration, and promote a peaceful and stable environment for national development.

In the newly-passed resolution, the parliament calls on the entire Vietnamese people, both at home and abroad, to bring into play patriotism, capitalise on internal strength, and make use of opportunities to carry out the 2017 socio-economic development plan as best as possible.
VNA/VNP