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Feb 20, 2015 / 21:22

Government’s Resolution 01 targets 10% rise in export value

The Government has adopted Resolution 01/NQ-CP detailing key tasks and measures to realise the 2015 socio-economic development. The resolution has set a target of reaching a gross domestic product (GDP) growth of 6.2 percent and a 10 percent rise in export value in 2015.

The consumer price index is expected to increase by 5 percent while total investment for socio-economic development will make up 30-32 percent of GDP.
The rate of poor households across the country is forecast to fall 1.7-2 percent and about 1.6 million jobs will be created.

 
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These targets were approved by the National Assembly, according to the resolution.
The resolution asks for strengthening macro-economic stability by clearing business hurdles, going forward with strategic breakthroughs and economic restructuring in tandem with shifting to a new growth model and improving the national economy’s competitiveness. 
More attention is to be paid to the development of socio-cultural life, education, science-technology, environment protection and public well-being, the acceleration of administrative and judicial reforms, especially the fight against corruption and wastefulness.
The government has set to strengthen defence-security, firmly safeguard national sovereignty, and ensure political security and social order. 
It will also improve external relations work and continue the path of international integration and cooperation. 
The State Bank of Vietnam is requested to work with ministries and localities in regulating the monetary policy in a proactive, flexible manner in close association with the fiscal policy, so as to have active control of inflation, keep macro-economic stability, boost economic growth, and support the development of the financial and securities markets. 
The bank is requested to design measures to mobilise gold stocks in society for the country’s socio-economic development. 
Meanwhile, the Finance Ministry is required to collaborate with ministries and localities to closely manage State budget expenses in conformity with the estimate. 
The Government demanded to minimise State budget spending for conferences, seminars, festivals, ground-breaking and inaugural ceremonies, and overseas business trips by ministries, State offices, and localities as well as the purchase of public cars. State budget advances are also not allowed, except for cases involving natural calamities, disease epidemics and defence and security tasks. 
The Ministry of Planning and Investment is to focus investment on important and urgent projects that are supposed to complete in 2015, while removing administrative obstacles to step up the disbursement of development investment, and ensuring corresponding capital for ODA projects.