IN 2016, THE GROSS DOMESTIC PRODUCT (GDP) WILL GROW AT AROUND 6.7%
Some major targets in 2016 are needed to be achieved by the National Assembly at the Resolution No. 98/2015/QH13, passed on November 10, 2015 on 2016 Socio-economic development plan.
Beside the gross domestic product (GDP) will grow at around 6.7%, the major targets are the total export value will increase around 10%; the trade deficit rate will be under 5%; the consumer price index will be under 5%; the total development investment capital of the entire society will reach around 31% of the GDP; the energy consumption rate per GDP unit will decrease by 1.5% from 2015; the rate of poor households by the Multidimensional Poverty Index will decrease by 1.3- 1.5%, and particularly for poor districts, by 4%; the urban unemployment rate will be under 4%; the rate of trained labor will reach 53%, including 21 % of laborers trained for 3 months or more and having a training diploma or certificate; the number of patient beds per 10,000 persons will reach 24.5; the health insurance coverage will reach 76%.
To archive above targets, the National Assembly basically agrees with the tasks and solutions submitted by the Government, recommended by National Assembly agencies in their verification reports and specialized oversight reports, and concurrently requests focus to flexibly and effectively administer monetary policy, fiscal policy and other policies in order to achieve and overachieve the targets adopted by the National Assembly. To appropriately administer the interest rate, exchange rate and credit growth, to effectively handle non-performing loans. To closely control public debts, government debts and foreign debts of the country within the limit under the National Assembly’s Resolution, to raise the use efficiency, and increase inspection and supervision, of the borrowing, use and repayment of loans, particularly new loans and government-guaranteed loans, to further reschedule loans toward increasing medium- and long-term loans with appropriate interest rates.
At the same time, to increasingly prevent and control smuggling, trade frauds, fake goods, unhygienic and unsafe food, especially along key roads and in key localities; to intensively fight and strictly handle violations. To boost exports, to properly manage imports, to adopt solutions to remarkably tackle the imbalance in trade relations with some markets with which Vietnam has high trade deficit….
