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PM looks to 7-7.5% GDP growth in 2011

VGP – The Government chief recently announced plans to boost up production, navigate the economy back on track, stabilize macro-economy, ensure social welfare and sustainable development, and record a GDP growth rate of 7-7.5% in 2011.

June 14, 2010 4:08 PM GMT+7

Việt Nam will strive for GDP growth rate of 7-7.5% in 2011- Illustration photo 

The goals are underlined by the PM when recently directing his inferiors to map out plans for socio-economic development and State budget estimate in 2011.

The Government chief held that 2011 is the first and significant year for Việt Nam to realize the Socio-economic Development Strategy for 2011-2020 and the Socio-economic Development Plan in the 2011-2015 period. 

Striving for top three breakthroughs in 2011

The Government chief noted the necessity to successfully make three breakthroughs in perfecting socialist-oriented market economic mechanisms, developing the labor force, especially skilled manpower, and constructing synchronous infrastructure with some large-scale and modern projects. 

The PM also pointed out major tasks for socio-economic development, administrative reforms, and designing plans in response to the world economic fluctuations.  

The Government chief requested relevant ministries and localities to follow their own socio-economic tasks in 2011 and the 2011-2015 period, so as to calculate proper State budget estimates.   

From now to September 2010, the Ministry of Planning and Investment and the Ministry of Finance will prepare and report the plans for socio-economic development and State budget estimate in 2011 to the Government for finalization before submitting them to the NA  for approval. 

By Kim Anh