With 90.49% of approval votes, the National Assembly (NA) on November 9 adopted a resolution on the socio-economic development plan for 2024, which sets a target of 6.0 - 6.5% growth in gross domestic product (GDP) for the year.
The NA adopts a resolution on the socio-economic development plan for 2024 on November 9. (Photo: VNA)
Hanoi (VNA) – With 90.49% of approval votes, theNational Assembly (NA) on November 9 adopted a resolution on the socio-economicdevelopment plan for 2024, which sets a target of 6.0 - 6.5% growth in gross domesticproduct (GDP) for the year.
Under the resolution, next year, the per capita income isexpected to reach 4,700 - 4,730 USD next year, while the manufacturing-processingsector’s contribution to GDP is hoped to hit 24.1 - 24.2%. At the same time,the country will strive for 4.8 - 5.3% in productivity growth rate.
Chairman of the NA Economic Committee Vu Hong Thanh saidthat during the building and making adjustments to the draft resolution, some deputiesheld that amid the current situation, the goal of 6.0 - 6.5% in GDP growth isrelatively high, and recommended lowering the goal to 5 - 6%.
Next year's GDP growth is targeted at 6.0 - 6.5%. (Photo: VNA)
However, he said that the GDP growth target was set on thefoundation of analysis and forecast of the domestic and international situation taking into account advantages and difficulties in 2024, and following the tasks andtargets set in the five-year socio-economic development plan.
The setting of high goals also shows the Government’sdetermination, while ensuring flexibility and harmony among targets, theofficial said./.
Standard Chartered Bank maintained robust 2024 GDP growth forecast of 6.7% for Vietnam in its latest macro-economic updates about the Southeast Asian nation.
Standard Chartered Bank has maintained robust 2024 GDP growth forecast of 6.7% for Vietnam in its latest macro-economic updates about the Southeast Asian nation.
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Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
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New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
The NA adopts a resolution on the socio-economic development plan for 2024 on November 9. (Photo: VNA) 
Next year's GDP growth is targeted at 6.0 - 6.5%. (Photo: VNA) 
