Directive No. 18/CT-TTg five-year socio-economic development plan in 2021-2025 period

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Directive No. 18/CT-TTg dated April 13, 2020 of the Prime Minister on building the five-year socio-economic development plan for the 2021-2025 period
Issuing body: Prime MinisterEffective date:
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Official number:18/CT-TTgSigner:Nguyen Xuan Phuc
Type:DirectiveExpiry date:Updating
Issuing date:13/04/2020Effect status:
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Fields:Policy

SUMMARY

Vietnam targets average annual growth rate of 7% for 2021-2025

On April 13, 2020, the Prime Minister promulgates the Directive No. 18/CT-TTg on building the five-year socio-economic development plan for the 2021-2025 period.

Specifically, ministries, central and local agencies shall study identify the basic issues of the five-year socio-economic development plan for the 2021-2025 period, focusing on the key content as follows:

First, the country's average growth rate (GDP) in 05 years from 2021 to 2025 shall increase about 7%, ministries, central and local agencies shall rely on the growing reality of sectors, areas and localities to work out appropriate growth plans.

Next, to promote to establish synchronous infrastructure systems in transportation, seaports, energy, information technology and communications, urban and agriculture, among others, etc. while developing urban areas in line with the trend of smart, green, environmentally friendly urban centers, adapting to climate change and focusing on improving urban quality.

In addition, to continue to build and promote the values of Vietnamese culture and people and the strength of the entire nation; implement social progress and social justice, create jobs and improve people's lives; disease prevention and control; promote hunger eradication and poverty alleviation; promote economic development in deep-lying, remote, border, island and ethnic minority areas, etc.

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Effect status: Known

THE PRIME MINISTER

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No. 18/CT-TTg

THE SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

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Hanoi, April 13, 2020

 

                  

DIRECTIVE

On building the five-year socio-economic development plan
for the 2021-2025 period

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To implement the Resolution of the 12th Party Congress and the Resolution No. 142/2016/QH13 of the National Assembly on the five-year socio-economic development plan for the 2016-2020 period, in the context of the region and the world with many favorable factors and difficulties, affecting the socio-economic development of the country, under the Party's leadership of the Party, the National Assembly’s supervision, the Government's autonomy and the effort of all branches and levels, the business community and the people overcame challenges and achieved many important achievements in economic development, improving people's lives and solving environmental problems.

In the coming period, the world economic situation continues to evolve in a complicated and unpredictable manner, while the domestic economy still faces numerous difficulties and potential risks, posing many challenges to the sustainable development process, including the complicated development of the COVID-19 pandemic. Given that fact, the tasks set out for the 2021-2025 period will be very heavy. To continue building on the obtained results, overcoming challenges and implementing the 10-year socio-economic development strategy for the 2021-2030 period, paving the way for socio-economic development in the next period, the Prime Minister requests ministries, ministry-level agencies, government-attached agencies, economic groups, state corporations, provinces and centrally-run cities (hereinafter referred to as ministries, central and local agencies) to design a five-year socio-economic development plan for the 2021-2025 period and develop an action program for the realization of the five-year socio-economic development plan for the 2021-2025 period for approval and implementation immediately after the five-year plan is adopted by competent authorities.

A. THE MAIN CONTENT OF THE FIVE-YEAR SOCIO-ECONOMIC DEVELOPMENT PLAN FOR THE 2021-2025 PERIOD

The five-year socio-economic development plan for the 2021-2025 period must be built on the basis of fully and accurately evaluating the situation and implementation results of the five-year socio-economic development plan for the 2016-2020 period, Resolutions of the Party, National Assembly, Government and the forecasts of the situation in the country, the world and region in the next period, affecting the country’s socio-economic development; thereby determining the development goals of the five-year plan for the 2021-2025 period consistent with the targets of the 10 years socio-economic development strategy for the 2021-2030 period. The main content of the report of the five-year socio-economic development plan for the 2021-2025 includes:

I. Evaluating the implementation of the five-year socio-economic development plan for the 2016-2020 period:

Based on the implementation of the socio-economic development plan for the 2016-2019 period and the expected plan for 2020, ministries, central and local agencies shall comprehensively evaluate the implementation of the five-year socio-economic development plan for the 2016-2020 period in all sectors and fields assigned to manage; within that, it is necessary to stick to the goals, targets and tasks adopted in the Resolution of the XIIth Party Congress, the Resolutions of the National Assembly, Government and the People's Councils at all levels on five-year socio-economic development plan for the 2016-2020 period; fully, substantially and accurately assessing the achieved results (especially stating the outstanding achievements of the 2016-2020 period), weaknesses, difficulties, limitations and reasons (in terms of institutions, institutional implementation, etc.), responsibilities and lessons to take corrective measures (especially measures to improve the institution and improve the effectiveness of institutional implementation) for the next period, including the evaluation of natural disaster and epidemic impacts such as the COVID-19 pandemic. The content to be focused on evaluating comprises:

1. Ministries and central agencies shall evaluate according to tasks assigned in the Resolution of the 12th Party Congress and the Resolution No. 142/2016/QH13 of the National Assembly on the five-year socio-economic development plan for the 2016-2020 period, especially the full report on the implementation of targets and criteria assigned in such Resolutions (targets and criteria of the Party Congress’ Resolutions and the National Assembly's Resolutions in Appendix I attached hereto). Localities shall evaluate according to tasks assigned in the Resolutions of the Party Congress and the People’s Council of provinces and centrally-run cities on the five-year socio-economic development plan for the 2016-2020 period.

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