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Official Gazette

Wednesday, March 29, 2023

Gov’t sets growth target of at least 6 percent in 2022

Updated: 10:41’ - 21/10/2021
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.
The PM delivered the plan at the second session of the 15th National Assembly which opened in Hanoi on October 20.
The Government’s socio-economic development plan for next year sets forth 16 key targets regarding the 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 realize 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.
The Prime Minister reports on the socio-economic development plan for 2022__Photo: VNA

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 prioritize the implementation of mechanisms and policies supporting businesses and people.
The PM reported that the country is expected to fulfill eight out of 12 set targets for 2021. The macroeconomy continued to be kept stable, inflation was kept under control and the Consumer Price Index in the first nine months recorded an average growth of 1.82 percent.
State budget collection in the nine-month period reached over 80 percent; export turnover during the period reaped over USD 240 billion; and national food security was secured.
The Government leader noted that the next steps would focus on promoting the construction and development of synchronic and modern infrastructure systems, particularly in transport, energy, digital infrastructure and agricultural infrastructure; improve education and training quality and scientific research and innovation; and enhance the connection between regions and between economic zones.
He said it was also necessary to pay attention to effectively managing and using land and natural resources, promote environmental protection and natural disaster prevention and control, improve State management efficiency, speed up anti-corruption and strengthen national defense and security.- (VNS-VLLF)

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