VN to focus on sustainable and fast development, says PM

PM Nguyễn Tấn Dũng: Sustainable development is considered the main lifeline in the implementation of the socio-economic development strategy for 2011-2020 period – Photo: VGP

In his article, the PM stressed that sustainable development is considered the main lifeline in the implementation of the strategy, and that it is necessary to maintain high economic growth to narrow the development gap with other countries.

However, he noted that the quality of growth must be paid due attention.

Furthermore, he stressed the need for simultaneous economic and political renovation as the way to push up the comprehensive renovation, aiming to gain greater achievements in the future.

“Political renovation should focus on improving the Party’s leadership modality, linking the grass-root party committees’ power with responsibility, expanding democracy in the Party and society in order to bring into play the active role of the State agencies, people’s huge creativity, and the national solidarity for the construction and protection of the Fatherland,” noted the PM.

In the year, 2011, economic restructuring and growth model transforming are among the top priorities

For the state-owned economic sector, he said that though it is still keeping decisive role in the national economy, it is necessary to create an environment for equal competition among economic sectors, encourage the development of businesses with joint ownership, particularly joint-stock companies, to make them more popular in the national economy.

“Policies and mechanisms must be improved for speeding up the development of private economic sector, making it one of the driving forces of the national economy,” noted the PM.

In the context of international integration, Việt Nam should build an increasingly independent and self-reliant economy, PM Dũng said, adding that the country’s role in the international integration process much depends on its economic strength.

Strategic target and solutions

The strategic target of the country’s strategy is to turn Việt Nam into a basically modern industrial country by the year 2020, PM Dũng said, detailing three solutions for realizing the targets.

Infrastructure development is another priority

Firstly, it needs to improve institutions for developing the socialism-oriented market-economy, focusing on the development of equal competition and administrative reform.

Secondly, developing qualified human resource, particularly high-quality workforce, through comprehensive reform of the country’s education system.

Thirdly, developing a comprehensive infrastructure system, focusing on traffic system and urban infrastructure. 

Agricultural production to be given more investment to increase added values

Development orientations

The strategy mentions 12 development orientations based on the national strategic targets, said PM Nguyễn Tấn Dũng.

He added that economic restructuring, growth model renovation, social and economic development equaling, and environment protection are among the most important thoughts and the newest aspects of the development viewpoints.

… creating more favorable conditions for private sector to develop production and business and market penetration

Economic restructuring in Việt Nam must be carried out through the strengthening of industrialization and modernization, economic structure transforming for higher proportion of industrial and service values in GDP revenue; restructuring of the manufacturing and service sectors; restructuring businesses, including SOEs reform; more treasuring of domestic market;  and raising investment efficiency.

The PM noted the importance of the growth model changing in the economic restructuring process, under which it must change from the model based on broadly investment, resources exploitation and low-quality laborers to the development methods based on the high scientific and technology, high-quality workforce and modern management skill.

The PM also mentioned the key tasks for 2011, focusing on the maintenance of macro-economic stability and inflation control, economic restructuring and growth model renovation, providing favorable condition for businesses’ expansion, social and cultural development and management skill improvement./.

By Hải Minh