The IXth Congress of the Vietnam Communist Party in April 2001
reviewed achievements recorded during 15 years of renovation
(1986 - 2001), laying targets for development by the year 2001
and 2010: focusing on promoting industrialization and
modernization.
Socio- Economic strategy for 2001-2010:
Viet Nam's socio-economic development strategy for the
2001-2010 period has been defined as to accelerate
national industrialization and modernization along the
socialist line and build the foundation for the country
to basically become an industrialized nation by 2020.
The three breakthroughs defined by the strategy to
promote socio-economic development are to build uniform
market-oriented economic institutions in line with
socialism with focus on renewal of policy to liberate the
production force and expand markets at home and abroad;
make a vigorous change in the development of human
resources, focusing on education-training,
science-technology; renew the organization and operation
of the political system, focusing on administrative
reform.
The specific goals of the Strategy are:
- To ensure that by 2010, GDP will have at least doubled
the 2000 level. To increase visibly the efficiency and
competitiveness of products, enterprises and the economy;
to better meet essential consumption demands, and a
considerable part of production and export demands. To
ensure macro-economic stability; a sound international
payment balance and growing foreign exchange reserves; to
keep budget deficits, inflation and foreign debts within
safe limits to effect positively economic growth.
Domestic savings are to amount to over 30 percent of GDP.
Exports are to increase at a rate more than double that
of GDP growth. Agriculture is to account for 16-17
percent of GDP, industry 40-41 percent, and services
42-43 percent. Agricultural labor is to drop to around 50
percent of the workforce.
- To raise substantially our Human Development Index
(HDI). The population growth rate is to have dropped to
1.1 - 1.2 percent by 2010. To eliminate the category of
hungry households, and reduce quickly the number of poor
households. To solve the employment issue in both urban
and rural areas (to reduce urban unemployment rate to
below 5 percent; and increase utilized worktime in rural
areas to about 80-85 percent); to raise the trained labor
ratio to around 40 percent. To ensure schooling to all
school-age children; to accomplish junior secondary
education universalization nationwide. To provide medical
treatment to patients; to reduce (under-five) child
malnutrition to around 20 percent; to increase the
average life expectancy to 71 years.
Industrialization and modernization
is aimed at developing
Vietnam into an industrial country with a modern technical and physical
infrastructure, rational economic structure, a progressive
productional relationship in conformity with production level, a firm
national defence and security, for wealthy people, strong country,
just and democratic, civilised society .
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