[ad_1]
The Vice President of the National Assembly, Phung Quoc Hien, noted that the impact caused by the COVID-19 pandemic is also a lesson for short and long-term policy-making, to anticipate possible unexpected difficulties. : Quochoi.vn
On the afternoon of September 29, the Vice President of the National Assembly, Phung Quoc Hien, and the delegation from the National Assembly worked with leaders of the Ministry of Planning and Investment to assess the implementation of the National Assembly resolutions on development plans. economic. Socio-economic and economic restructuring, public investment in the medium term in the period 2016-2020 and directions and tasks 2021-2015.
2016-2020: growth falls short of target
Introducing the report, Deputy Minister of Planning and Investment Tran Quoc Phuong said that by 2020 the scale of GDP is estimated at about $ 269 billion, an increase of 1.4 times compared to 2015. GDP per capita In 2020 it is estimated at around USD 2,750 / person, about 1.3 times more than in 2015.
In the 2016-2019 period, the GDP growth rate averaged 6.8%. In 2020, due to the impact of the COVID-19 epidemic, GDP is expected to increase by around 2%, the entire period from 2016 to 2020 increases by 5.8%, belongs to the group of countries with the highest economic growth in the world.
Through the preliminary evaluation of 18/21 goals, there are 14 goals met, exceeded, and 4 not met (economic growth, GDP per capita, rate of skilled labor, urban unemployment rate).
The highlight is that labor productivity has clearly improved, by 2020 it is projected to increase almost 1.5 times compared to 2015, the average growth rate in the period 2016-2020 is estimated at 5.8% / year. higher than the period 2011 – 2015 (4.3%) and exceeded the established objective (5%). The contribution of total factor productivity (TFP) has increased, on average in the period 2016-2020 it is estimated at 45%, exceeding the established goal (30-35%).
The report of the Ministry of Planning and Investments also evaluated that the results of socio-economic development in many aspects do not measure up to the potential, advantages and lack of sustainability. Economic growth is less than the planned goal, without reducing the gap and catching up with other countries in the region.
The productivity, quality and competitiveness of the economy are not high, they are not really based on science, technology and innovation. Strategic advances and economic restructuring associated with growth model innovation have not made great strides …
In the next 5 years, public investment will exceed 2.7 trillion VND
Despite facing many difficulties, the objectives for the next period are quite ambitious, according to which the 5-year average GDP growth rate is around 6.5-7%; GDP per capita by 2025 will reach 4,700-5,000 USD; the share of manufacturing and processing industries in GDP exceeds 25%; the digital economy represents approximately 20% of GDP.
The Ministry of Planning and Investments determines that in the next period, there is a need for focused and focused investment in key sectors and fields of the economy, projects of national importance, key works, especially infrastructure. transport and energy, digital economy projects, digital transformation, science and technology development, innovation.
At the same time, giving importance to the training of high-quality human resources, ensuring water security, responding to climate change, the project to create large side effects to enhance the competitiveness of the economy, ensure development develop harmoniously between regions and regions.
Specifically, by 2025, to focus on immediately building and completing a number of major traffic axes, such as the entire North-South Highway in the East, Phase 1 of the Long Thanh Airport …
Energy projects, especially energy source and transmission grid projects. Information technology infrastructure; digital infrastructure; to form a system of synchronously and uniformly connected national data centers, regional and local data centers … also in priority investment fields.
For large urban centers, focus on investing and accelerating the completion of urban rail projects in Hanoi and Ho Chi Minh City, ring roads, radial roads, key works of water supply, drainage, sewage treatment, garbage .. .
Build and form a national innovation center and national system, which is both a place to train high-quality human resources and an ecosystem to support business development and science and technology.
The total medium-term investment capital of the State budget for the period 2021-2025 is 2.75 million VND.
Looking back at public investment in past tenure, the Ministry of Planning and Investment candidly admitted that the quality of planning is low, the forecast is limited, the lack of cohesion, the timing leads to waste and inefficiency. investment results, especially infrastructure projects.
The chairman of the Finance and Budget Commission, Nguyen Duc Hai, commented that public investment still thinks of “queues”, capital allocation, lack of capital, leading to slow inauguration, low efficiency.
According to Mr. Hai, the investment is still lack of synchronization, there is a situation of having bridges, lack of connection lines, high voltage lines but lack of low voltage lines … there is a capital situation but no disbursement for slow implementation, procedural problems, authorization problems.
Hai revealed that by working with ministries, agencies and localities on the demand for investment capital in the 2021-2015 period, the proposal would double or triple the previous period, “so the demand far exceeds the capacity to balance capital.” .
Both the Vice President of the National Assembly, Phung Quoc Hien, and the Chairman of the Finance and Budget Committee, Nguyen Duc Hai, emphasized that the next stage of investment policy is to save and save on regular expenses, and spend only on investment and investment. development, not spending on other things.
