The National Assembly passed a resolution on the socio-economic plan for 2019 with 447 out of 450 votes in the morning of November 8.(Photo: VNA) Hanoi (VNA) – The National Assembly passed a resolution on the socio-economic plan for 2019 with 447 out of 450 votes in the morning of November 8. The resolution sets the overall goal of continuing to maintain macro economic stability, control inflation; enhance productivity, quality, efficiency, independence and competitiveness of the national economy; improve the investment and business environment to bolster economic growth; and create more substantive changes in implementing strategic breakthroughs and economic restructuring in tandem with renewing the growth model. The resolution also aims to boost reform and innovation and the application of scientific-technological advances, and make effective use of the Fourth Industrial Revolution. It urges attention to be paid to developing health care, education-training, culture, ensuring social security and improving the people’s material and spiritual life; strengthening management of natural resources, environmental protection, prevention and control of natural disasters and response to climate change. Other major goals include pushing ahead with administrative and judicial reform, streamlining the apparatus and personnel contingent, fighting corruption, strengthening national defence and security, ensuring social safety and order, and promoting external relations and international integration. The resolution sets 12 specific targets for the year, including a GDP growth rate of 6.6-6.8 percent, inflation at 4 percent, an increase of 7-8 percent in export turnover and trade deficit at under 3 percent of total export turnover. Total… [Read full story]
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