Vietnam targets 6.2 percent economic expansion for 2015

Hanoi, January 7 (VNA) - Vietnam targets a gross domestic product (GDP) growth of 6.2 percent and a 10 percent rise in export value in 2015, according to recently-issued Government Resolution 01/NQ-CP on key tasks and measures to realise the 2015 socio-economic development. The consumer price index is expected to increase by 5 percent while total investment for socio-economic development will make up 30-32 percent of GDP. The nation-wide rate of poor households is forecast to fall 1.7-2 percent and roughly 1.6 million jobs will be created. These targets were approved by the National Assembly, according to the resolution. To do that, the resolution asks for strengthening macro-economic stability by clearing business hurdles, going forward with strategic breakthroughs and economic restructuring in tandem with shifting to a new growth model and improving the national economy’s competitiveness. More attention is to be paid to the development of socio-cultural life, education, science-technology, environment protection and public well-being, the acceleration of administrative and judicial reforms, especially the fight against corruption and wastefulness. The government has set to strengthen defence-security, firmly safeguard national sovereignty, and ensure political security and social order. It will also improve external relations work and continue the path of international integration and cooperation.-VNA