THE PRIME MINISTER OF GOVERNMENT
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom – Happiness
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No. 145/2004/QD-TTg
Hanoi, August 13, 2004
 
DECISION
ON MAJOR ORIENTATIONS FOR SOCIO-ECONOMIC DEVELOPMENT OF THE NORTHERN KEY ECONOMIC REGION TILL 2010, WITH A VISION TO 2020
THE PRIME MINISTER
Pursuant to the Law on Organization of the Government of December 25, 2001;
At the proposal of the Minister of Planning and Investment in Official Dispatch No. 7349/BKH-CLPT of December 1, 2003,
DECIDES:
Article 1.- To approve major orientations for socio-economic development of the northern key economic region (NKER) till 2010, with a vision to 2020, to be executed in 8 provinces and centrally-run cities, including Hanoi, Hai Phong, Quang Ninh, Hai Duong, Hung Yen, Ha Tay, Vinh Phuc and Bac Ninh, aiming to bring into play their potentials and advantages in geographical position and infrastructure in order to speed up socio-economic development of the NKER in an efficient and sustainable manner, which shall take the lead in the national industrialization and modernization as well as in the whole northern region and country in promoting and supporting other regions, especially those meeting with difficulties, to develop; take the lead in international cooperation and foreign investment attraction, closely combining socio-economic development with the enhancement and consolidation of national defense, security, social order and safety, and environmental protection.
Article 2.- Major development objectives:
1. To strive to attain an annual average GDP growth rate of 1.3 times the average national GDP growth rate in the 2006-2010 period and 1.25 times in the 2011-2020 period. To raise the region's contribution to the national GDP from 21% in 2005 to around 23-24% by 2010 and 28-29% by 2020.

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2. To raise the annual average per-capita export value from USD 447 in 2005 to USD 1,200 by 2010 and USD 9,200 by 2020.
3. To raise the region's contribution to the national budget revenues from 23% in 2005 to 26% by 2010 and 29% by 2020.
4. To speed up technological renewal at an average rate of 20-25%/year, to take the lead in the modernization process, to reach the advanced technology rate of around 45%. To raise the percentage of trained laborers to around 55% by 2010.
 

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