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Vietnam Sets GDP Growth Target at 7.5 Percent for 2001
Vietnam's National Assembly has approved a 7.5 percent target for the country's gross domestic product (GDP) next year, Vietnam's official news agency VNA reported Monday, December 11.
The target was part of a resolution setting the tasks for 2001 at the National Assembly's closing session last Saturday.
The resolution says the National Assembly is determined to obtain high and sustainable economic growth in 2001, the first year of the new socio-economic development strategy for 2001-2010, while maintaining political stability and social order.
Its other economic targets include: an increase of 4.5 percent in agricultural-forest-fishery production, 14 percent in the value of industry and construction; 7 percent in services; and a total investment in social development equal to 30 percent of the GDP.
Other approved targets are to increase export value by 16 percent, generate jobs for 1.4 million workers, reduce the number of poor households by 16 percent from that in 2000 and reduce the birth rate by 0.05 percent.
Vietnam's National Assembly says the economy should grow quickly and sustainably and in accord with socio-cultural development.
It says attention should be focused on settling people's complaints and petitions, ensuring social order and dealing with burning social issues such as employment generation, poverty alleviation, the reduction of social evils and traffic accidents and prevention of natural calamities.
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