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Chủ nhật, ngày 27 tháng 10 năm 2024
Chọn ngôn ngữ     English Khmer Laos Vietnamese
Ngày 22/10/2013-15:17:00 PM
Economy comes back on track

The domestic economy is on track of recovery and projected to expand around 5.4% in 2013, said PM Nguyen Tan Dung.
The Government chief made the remark on Monday in Ha Noi while presenting the socio-economic performance in 2013 and the three-year implementation of the 2011-2015 Socio-economic development plan to the National Assembly at its ongoing sixth session on October 21.
In the context of global economic downturn and numerous domestic difficulties, the obtained socio-economic achievements reflect great efforts made by the entire Party, army, people and the political system, said Mr. Nguyen Tan Dung.
“The macro-economy is fundamentally kept stable and inflation is put under control,” said Mr. Dung.
CPI fell from 18.13% in 2011 to only 6.81% in 2012 and 4.96% in the first nine months of 2013 and is projected to touch 7% for the whole year.
Exchange rate has been stable, foreign reserve has increased sharply and confidence in domestic currency has been strengthened.
Export growth rate surged by 15.7% in January-September and is forecast to reach 14.4% for the whole year.
Budget overspending accounted for 5.3% of GDP. Governmental, public and foreign debts stood at safe levels.
The business environment has been improved. Newly-registered FDI made up around 25% of social investment capital.
According to the Government leader, the economy showed signs of recovery. GDP growth rates were 6.24% in 2011; 5.25% in 2012 and were supposed to reach 5.4% in 2013. Accordingly, in the 2011-2013 period, GDP increased by around 5.6% on average.
There is a recovery in industrial and construction production. In the first three quarters, the number of newly-established enterprises picked up 10.8% against the same period last year and over 11,200 ones resumed operation.
PM Dung reported that the Master Plan on Economic Restructuring gained initial outcomes. The economic structure continued shifting towards industrialization and modernization. Especially, the proportion of the manufacturing and processing industries in the national economy was up from 60.2% in 2010 to around 78% in 2013.
“The three strategic breakthroughs have been implemented in a synchronous manner,” said Mr. Dung
Accordingly, the market economy mechanism was improved, paving the way for the economy to grow and the rights of citizens to be promoted. The draft amendments to the 1992 Constitution received public opinions from all walks of life. Over 2,200 legal documents were issued.
The Overall public administration reform program has been accelerated. Over 3,600 administrative procedures have been streamlined.
The strategic breakthrough relating to the improvement of human resources quality progressed. Particularly, the rate of trained laborers advanced from 40% in 2010 to 49% in 2013.
The areas of culture and society saw achievements. Social security was ensured. People’s livelihood was improved, said the Government chief.
Specifically, around 1.54 million jobs were generated in the first nine months of 2013. In the first three months, around 4.6 million people found new jobs, of whom 253,000 are guest workers. Unemployment rate was kept below 4% in urban areas.
The poverty rate was slashed from 14.2% in 2010 to only 9.6% in 2012 and is forecast at 7.8% in 2013.
The rate of health insurance coverage increased to 71.2% in 2013 from 63% in 2010.
Meanwhile, measures on environmental protection and response to climate change have been put on place.
Anti-corruption and thrift practice gained some encouraging results. Accordingly, 319 corruption cases involved 517 individuals were exposed.
National defense, national security and external affairs have also achieved positive outcomes. Especially, Viet Nam set up strategic partnership with seven new countries, bringing the number of countries in strategic partnership with Viet Nam to 14.
In 2013, 11 targets out of the 15 ones approved by the NA are expected to be fulfilled. Two are poised to near the set ones. Two others on the proportions of State budget overspending and social investment capital in social development in comparison with GDP are to fail to meet the set targets./.
Kim Loan
VGP

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