NA adopts Resolution on 2018 socio-economic development plan

With 84.93 percent of approval, the Resolution targets a gross domestic product (GDP) growth of 6.5-6.7 percent; total export revenue rise of 7-8 percent; a trade deficit of below 3 percent of the total export revenue; and total investments for social development accounting for 33-34 percent of the GDP.

The rate of poor households will be reduced by 1-3 percent while the unemployment rate will be less than 4 percent. The ratio of trained workers is expected to reach 58-60 percent of the workforce. As much as 85.2 percent of the population will be covered by health insurance. The forest coverage is projected to be 41.6 percent.

To realise the aforesaid goals, the National Assembly asked the Government, the Supreme People’s Court, the People’s Supreme Procuracy, and the State Audit Office to implement measures to ensure macro-economic stability, encourage and support enterprises to start business, restructure agriculture, develop the processing and manufacturing industries, and address production and accommodation land for the ethnic minority groups.

These efforts are coupled with promoting sales of domestic products, preventing smuggling, tightening management of natural resources and environmental protection, tackling climate change, and reforming education and training.

It is necessary to step up efforts to prevent corruption and wastefulness, improve the State management efficiency of the press, firmly safeguarding national sovereignty, defense, security and social order and safety, implement effectively external affairs and proactively integrate into the world.

The same day, deputies discussed in groups the draft Law on survey and mapping.