THE FIVE-YEAR SOCIO-ECONOMIC DEVELOPMENT PLAN

1 THE FIVE-YEAR SOCIO - ECONOMIC DEVELOPMENT PLANSOCIALIST REPUBLIC OF VIETNAMHA NOI - 2016 Print 500 copies, size 20x28cm, under the Publishing Licence no: 1865 - 2016/CXBIPH/01 - 51/CT. Code ISBN: 978-604-931-187-1. Designed and Printed by DEMAC Solutions Co. Ltd. (Tel: 0936362727)THE FIVE-YEAR SOCIO - ECONOMIC DEVELOPMENT PLANHA NOI - 2016 CONTENTSRESOLUTION ON THE 5-YEAR SOCIO-ECONOMIC DEVELOPMENT PLAN OF 2016 - 2020 5 Part IASSESSMENT OF THE IMPLEMENTATION OF FIVE-YEAR SOCIO-ECONOMIC DEVELOPMENT PLAN 2011-2015 19I.

2 SITUATION AND RESULTS OF SOCIO-ECONOMIC DEVELOPMENT PLAN FROM 2011-2015 21II. LIMITATIONS AND WEAKNESSES 47 III. OVERALL OVERVIEW, UNDERLYING CAUSES AND LESSONS LEARNED IN IMPLEMENTING THE FIVE-YEAR SOCIO-ECONOMIC PLAN OF 2011-2015 56 Part IITHE FIVE-YEAR SOCIO-ECONOMIC DEVELOPMENT PLAN 2016-2020 63I. INTERNATIONAL AND DOMESTIC CONTEXT 64II. DEVELOPMENT VIEWPOINT 67 III. GOALS, TARGETS AND BREAKTHROUGH 68IV. MAJOR BALANCES FORECAST 71V. TASKS AND MAJOR SOLUTIONS 73VI.

3 IMPLEMENTATION OF THE 5-YEAR PLAN 112 Appendix AASSESSMENT OF THE IMPLEMENTATION OF FIVE-YEAR SOCIO-ECONOMIC DEVELOPMENT PLAN 2011-2015 115 Appendix BTHE FIVE-YEAR SOCIO-ECONOMIC DEVELOPMENT PLAN 2016-2020 133 RESOLUTIONON THE 5-YEAR SOCIO-ECONOMIC DEVELOPMENT PLAN OF 2016 - 2020 FIVE-YEAR SOCIO-ECONOMIC DEVELOPMENT PLAN 2016 - 20205 NATIONAL ASSEMBLYR esolution no.: 142/2016/QH13 SOCIALIST REPUBLIC OF VIETNAMI ndependence - Freedom - HappinessRESOLUTIONON THE 5-YEAR SOCIO-ECONOMIC DEVELOPMENT PLAN OF 2016 - 2020 NATIONAL ASSEMBLY OF THE SOCIALIST REPUBLIC OF VIETNAMP ursuant to the Constitution of the Socialist Republic of Viet Nam; Considering reports of the Government, the Supreme People s Court, the Supreme People s Procuracy, National Assembly s agencies, related agencies, and opinions of National Assembly members;RESOLVES:I.

4 THE PERFORMANCE OF THE 5-YEAR SOCIO-ECONOMIC DEVELOPMENT PLAN IN THE PERIOD 2011-2015 In the five years of 2011 - 2015, aside the advantages and opportunities, complicated global and regional situations have had negative impact on our nation. The whole political system, alongside with enterprises and the people, have overcome many obstacles and challenges to implement the Resolutions of the National Assembly and have achieved key results. The scale and capability of our economy have improved; economic growth remained at favourable rate and gradually recovered from 2013.

5 The economy was restructured with a new growth model, focusing on three breakthroughs, which has achieved initial results. Education and training, science and technology, culture, society, health care and environment protection have all progressed. Kindergarten education for children under 5 years old has been universalized. Social security is ensured, and people s living standard has been improved. Social and political stability, national defence and security capability have been enhanced; determination and persistence to fight for the protection of our independence, sovereignty, FIVE-YEAR SOCIO-ECONOMIC DEVELOPMENT PLAN 2016 - 20206 RESOLUTIONON THE 5-YEAR SOCIO-ECONOMIC DEVELOPMENT PLAN OF 2016 - 2020and territorial integrity.

6 Foreign relation and international integration have been broadened and become more effective. The profile and prestige of our nation in international arena continued to be elevated. Socialist democracy and national unity have continued , there were 10 SOCIO-ECONOMIC criteria, which were not achieved; many criteria for the goal of becoming a modern industrialized country by 2020 were not achieved. Solving limitations and inefficiency in education and training, science and technology application, culture, society, health care and unemployment were slow.

7 Limited effort in anti-climate change, resource management and environment protection. A portion of the population, especially in rural and mountainous areas, still have low living standard. The administration organization was still cumbersome, administration operations and procedures in many fields were still inconvenient. Limitation in the capability, quality, discipline of a number of public and government staff. Complications in criminal activities, social security were not up to par. Anti-corruption has yet to reach the goal; lavishness was still high.

8 The efficiency in inspecting, solving complaints and accusations was not up to par. II. 5-YEAR SOCIO-ECONOMIC DEVELOPMENT PLAN FOR 2016 - 20201. Overall objectivesEnsure macro-economic stability; strive for better economic growth than the previous 5-year period. Promote strategic breakthroughs; restructure the economy with modernized growth model, enhancing efficiency, effectiveness and competitiveness. Develop the culture, promote social security and welfare, and improve the living standard of the people. Actively respond to climate change; effectively manage natural resources and environment protection.

9 Strengthen national defence and security, determined and persistently fight for the protection of our independence, sovereignty, and territorial integrity and ensure political security, social order and security. Enhance external-relation activities and raise the effectiveness of international integration. Protect the peace, stability; create the environment and favourable conditions for the DEVELOPMENT and protection of our nation. Elevate the profile and prestige of our nation in international arena. Strive to bring our nation to basically become a modernized industrial country by 2020.

10 RESOLUTIONON THE 5-YEAR SOCIO-ECONOMIC DEVELOPMENT PLAN OF 2016 - 2020 FIVE-YEAR SOCIO-ECONOMIC DEVELOPMENT PLAN 2016 - 202072. Major objectives Economic objectives: Average growth rate of Gross Domestic Product (GDP) in 5 years will be 6,5 - 7% per per capita by 2020 reaches about - USD. The percentage of industry and service sectors in GDP by 2020 reaches about 85%. Total social investment in 5 years will account for about 32 - 34% of GDP on budget deficit will be below 4% of GDP by 2020. Total factor productivity (TFP) will contribute for about 30 - 35% in economic social labour productivity will grow by about 5% per annum.