Viet Nam targets 6-6.5 GDP growth in 2022

By VNA / DA NANG Today
October 20, 2021, 17:45 [GMT+7]

Prime Minister Pham Minh Chinh has presented to the National Assembly a draft socio-economic development plan for 2022 which aims for a GDP growth of at about 6-6.5 percent in 2022.

Vietnam targets 6-6.5 GDP growth in 2022 (Photo: VNA)
Viet Nam targets 6-6.5 GDP growth in 2022 (Photo: VNA)

The PM delivered the plan at the second session of the 15th National Assembly which opened on October 20.

The Government’s socio-economic development plan for next year sets forth 16 key targets regarding economy, social affairs and the environment, including keeping the consumer price index (CPI) growth at around 4 percent and State budget overspending over GDP at 4 percent.

To realise those goals, the Government has outlined major tasks and solutions, focusing on implementing the master strategy on pandemic prevention and control, with a roadmap on safe, flexible adaptation to and effective control of COVID-19.

According to the PM, 2022 is a significant year as it creates a foundation for the implementation of the 2021-2025 plan.

The PM also reported to the NA the implementation of the 2021 socio-economic development plan. He stressed that the Government has focused efforts on fighting the pandemic in the spirit of giving first and foremost priority to protecting the health and life of the people, while drawing up a roadmap on safe, flexible adaptation to and effective control of the pandemic to deal with its consequences and boost socio-economic recovery and development.

The Government has adjusted fiscal and monetary policies and others in a flexible fashion to maintain macro-economic stability, ensure major economic balances and spur production and businesses, Chinh said.

He added that the Government has also worked to accelerate public investment disbursement, boost export and prioritise the implementation of mechanisms and policies supporting businesses and people.

President of the Viet Nam Fatherland Front Central Committee Do Van Chien proposed the Party and the State adjust and increase pensions for those who retired before 1995.

The Government should instruct ministries and agencies to quickly complete administrative procedures so as to early start the implementation of three national target programmes.

Source: VNA