THE AVERAGE PER-CAPITA GDP WILL REACH USD 4,700 - 5,000 BY 2025
The Resolution No. 16/2021/QH15 on the 2021-2025 five-year socio-economic development plan is issued on July 27, 2021 by the National Assembly.
Accordingly, the National Assembly sets out major targets for the 2021-2025 period as follows: The average growth rate of gross domestic product (GDP) will be 6.5-7% per year on average during the 5 years; The average per-capita GDP will reach USD 4,700 - 5,000 by 2025; Processing and manufacturing industries will account for over 25% of GDP while digital economy will account for around 20% of GDP; The total factor productivity (TFP) will account for around 45% of growth rate; The average life expectancy will be about 74.5 years, in which the healthy life expectancy will be at least 67 years; etc.
Major tasks and solutions include: Focusing on realizing the dual targets of both containing the COVID-19 pandemic and boosting socio-economic recovery and development, but based on the actual situation and specific areas to choose priorities, ensure the health and life of the people and social security; Intensifying efficient mobilization, allocation and use of resources, etc.
