National Assembly passes Resolution on Socio-Economic Development Plan for 2024

On the afternoon of November 9, continuing the 6th Session Program, the 15th National Assembly passed the Resolution on the Socio-Economic Development Plan for 2024.

The goal set for 2024 is to continue prioritizing growth associated with consolidating and maintaining macroeconomic stability, controlling inflation, and ensuring major economic balances.

Promote and create more positive changes in implementing strategic breakthroughs, restructuring the economy in conjunction with growth model innovation, improving productivity, quality, efficiency, competitiveness and endogenous capacity of the economy. Focus on removing institutional and policy bottlenecks; unblocking resources; effectively handling obstacles to develop stable, safe, healthy and sustainable markets; improve the effectiveness of organizing the implementation of laws, policies and public service.

Accelerate the implementation of key and important national strategic infrastructure projects. Promote administrative reform, improve the investment and business environment; increase the attraction of social investment and public-private partnership; have specific mechanisms and policies to create breakthroughs in selectively attracting foreign investment, especially in emerging industries and fields, ensuring connectivity with the domestic economic sector, creating a driving force for growth.

Pay attention to comprehensive and synchronous development of cultural, social, educational and health sectors on par with economic development; focus on ensuring social security, sustainable poverty reduction, and improving the material and spiritual life of the people.

Take care of policy subjects. Strictly manage and effectively use land and resources, protect the environment, proactively prevent and combat natural disasters, and respond to climate change.

Continue to improve and build a streamlined, effective and efficient apparatus, streamline the payroll in conjunction with restructuring and improving the quality of the staff, civil servants and public employees. Continue to promote administrative and judicial reforms, resolutely prevent and combat corruption, negativity and waste.

Consolidate and strengthen national defense and security, maintain independence, sovereignty and territorial integrity; ensure political security, social order and safety; improve the effectiveness of foreign affairs and international integration; do a good job of information and propaganda work, create social consensus; maintain a peaceful and stable environment and create favorable conditions for national development.

Main indicators:

1. Gross domestic product (GDP) growth rate from 6.0 - 6.5%.

2. GDP per capita is about 4,700 - 4,730 US dollars (USD).

3. The proportion of processing and manufacturing industry in GDP reaches about 24.1% - 24.2%.

4. Average consumer price index (CPI) growth rate 4.0 - 4.5%.

5. Average social labor productivity growth rate is 4.8% - 5.3%.

6. The proportion of agricultural labor in the total social labor force reaches 26.5%.

7. The rate of trained workers is about 69%, of which those with degrees and certificates is about 28 - 28.5%.

8. Unemployment rate in urban areas below 4%.

9. The poverty rate (according to multidimensional poverty standards) decreased by more than 1%.

10. The number of doctors per 10,000 people is about 13.5 doctors.

11. The number of hospital beds per 10,000 people is about 32.5 hospital beds.

12. Health insurance participation rate reached 94.1% of the population.

13. The rate of communes meeting new rural standards reached 80%.

14. The rate of collection and treatment of urban solid waste meeting standards and regulations reaches 95%.

15. The rate of industrial parks and export processing zones in operation with centralized wastewater treatment systems that meet environmental standards is 92%.