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Monday, March 20, 2023

Vietnam sets GDP growth rate of 6.5 percent for 2023

The document sets out 15 goals, including achieving a per capita income of $4,400; Maintain a 4.5 percent increase in the Consumer Price Index by a multidimensional measure and decrease the rate for poor households by one to 1.5 percentage points.

In statements to The Voice of Vietnam, delegates agreed to describe the fact that GDP growth is reasonable and prudent at 6.5 percent, taking into account the context of the complex and unpredictable developments that characterize today’s world situation.

Approved with 93.37 percent of the vote, the 2023 plan demonstrates the government’s determination to promote post-pandemic recovery and sustainable development, in addition to guaranteeing goodwill and flexibility in meeting set objectives, Wu Hong said. .

The head of the Parliament’s Economic Committee stressed that the GDP growth projection was established based on the analysis and forecast of the situation in the country and the world, and that the guidelines, goals and tasks of the Five-Year Development Plan Socioeconomic 2021 were closely followed was. -2025.

The resolution adopted today emphasizes common objectives for the coming year, which will focus on prioritizing the maintenance of macroeconomic stability, controlling inflation, spurring growth and guaranteeing the economy’s great balance.

It also indicates the need to improve the resilience and adaptation of the economy and to efficiently implement recovery and socioeconomic development programs and national objectives, apart from promoting renewal and innovation, green growth and digital transformation.

On the same day, the Vietnamese legislative body approved the grassroots democracy implementation law, with 88.96 percent of the votes in favor.

The fourth normal term of sessions of the National Assembly of Vietnam in its XV Legislature began on 20 October and will end on 15 November.

mem/mpm

World Nation News Desk
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