Ministries assigned with socio-economic development targets in 2018

VGP – The Prime Minister has decided to assign socio-economic development targets in 2018 to the Ministry of Planning and Investment (MPI), the Ministry of Agriculture and Rural Development (MARD), the Ministry of Industry and Trade (MOIT), the Ministry of Health (MOH) and the Ministry of Labor, Invalids and Social Affairs (MOLISA).

January 05, 2018 3:30 PM GMT+7

In his Decision No. 01/QD-TTg, the PM assigns the MPI to realize a gross domestic product (GDP) growth target of 6.7% and a consumer price index (CPI) growth target of 4%, in addition to total investment capital for social development accounting for 33-34% of GDP and 88% of the industrial and processing zones installed with the concentrated water treatment system that meets environmental standards.

The forest coverage target of 41.6% has been set for the MARD, while the MOIT has been entrusted with the targets of achieving an export revenue growth of 8-10% and a trade deficit equaling below 3% of total export revenues.

The MOH is expected to have over 88.5% of the population covered by health insurance, in addition to developing 26 hospital beds per one million people.

The targets set for the MOLISA include reducing the rate of poor households nationwide by 1-1.5% (according to the multidimensional poverty line), keeping the unemployment rate in urban areas below 4%, and raising the rate of trained laborers by 58-60%.

The PM entrusts the Minister of Planning and Investment to assign socio-economic development targets in 2018, concerning information-communication, education-training and baseline survey, to ministries, ministry-level agencies, Government bodies and other central-level agencies. Baseline survey tasks have been assigned in the principle of thrift, efficiency and accordance with regulations.

Based on the aforementioned assigned targets, the PM requests ministries, ministry-level agencies, Government bodies, other central-level agencies and State-owned groups and corporations to assign socio-economic development targets to their relevant units before January 31, 2018, and organize the implementation and fulfilment of these targets in line with the National Assembly’s Resolution No. 48/2007/QH14 and this Decision.

By Vien Nhu