NATIONAL ASSEMBLY

Resolution No. 53/2013/QH13 dated November 11, 2013 of the 13^th National Assembly on socio- economic development plan in 2014

Pursuant to the Constitution of Socialist Republic of Vietnam 1992, amended in the Resolution No. 51/2001/QH10;

In consideration of the reports made by the Government, the People’s Supreme Court, the People’s Supreme Procuracy, agencies of the National Assembly, agencies concerned, and opinions of deputies of the National Assembly;

RESOLVES:

I. IMPLEMENTATION OF SOCIO-ECONOMIC DEVELOPMENT PLAN 2013 AND THE 3-YEAR PERIOD 2011- 2013; ORIENTATION FOR 2014- 2015

The world’s economy does not recover as quickly as expected while the regional and the world status still remain complicated. Inherent weaknesses of Vietnam’s economy are eliminated slowly while macroeconomic stability is suffering from negative impacts of new issues. Natural disasters, storms and floods constantly occur and inflict serious damage upon production and people’s life.

However, under the leadership of the Communist party, with the effort of the whole political system, the economy and society have experienced positive changes in 2013, which basically achieves the targets that were set. 11/15 among which are expected to be achieved. The objective "Macroeconomic stability, social security assurance, reasonable growth” set by the National Assembly in the 3-year period 2011 - 2013 is basically accomplished.

However the economic and social indicators are still low according to the Resolution of the 11^th National Meeting of Communist Party and the National Assembly’s Resolution on 5-year plan 2011-2015. Vietnam is still undergoing a difficult period while facing plenty of challenges in the near future, and cannot grow remarkably within the next one or two years.

During 2014 - 2015, the Government must focus on enhancing the macroeconomic and maintaining major balances of the economy at the request of the National Assembly. Focus on eliminating the weaknesses; stabilizing and restructuring the financial market, improve the transparency of businesses, settling bad debts of businesses, banks, and unfinished constructions. Avoiding deficit, encourage thriftiness, cut the expenditures that are not necessary; allocating resources for social security and social welfare. Effectively implement national target programs; prefer investments in construction of new rural areas and poverty reduction. Focus on making three strategic breakthroughs and implement the Overall plan for systemic restructuring associated with growth model innovation in order to achieve remarkable and effective changes in 2015.

Economic growth reaches 6% per year during 2014 - 2015, consumer price index increases by 7% per year, total investment reaches 31% - 31% of GDP; export turnover grows by 10% per year; 3 - 3.2 million of people are employed, unemployment rate in urban areas falls below 4%; ratio of trained workers reaches 55% in 2015; the number of poor households reduces by 1.5% - 2% per year, poor districts 4%; the forest coverage reaches 42% in 2015.