Hanoi (VNA) – The National Assembly Standing Committee gave opinions on the economic restructuring plan for the 2021-2025 period during its ongoing fourth session in Hanoi on October 12.
Speaking at the event, Minister of Planning and Investment Nguyen Chi Dung said amid challenges in the world as well as complicated developments of COVID-19 pandemic, the above plan needs to be carried out more drastically to step up economic recovery, tap opportunities and make breakthroughs for the next period.
The plan suggests five groups of measures and tasks to restructure economic sectors, consolidate macro-economic foundation, perfect institutions, and step up innovation and digital transformation. It also details 135 tasks for ministries, agencies and localities.
Chairman of the NA Committee on Economic Affairs Vu Hong Thanh said the committee agrees with the above five groups of tasks and measures.
Standing NA Vice Chairman Tran Thanh Man proposed the Government continue updating the impacts of the pandemic and give priority to economic restructuring to each period in tandem with ensuring resources.
NA Chairman Vuong Dinh Hue said the plan should be associated with the comprehensive programme on economic recovery and development of capital, labour, sci-tech markets, and economic restructuring in a more eco-friendly manner./.
Five-year restructuring plan aims to improve national economic competitiveness
The Ministry of Planning and Investment has said that it is coordinating with relevant ministries, agencies and localities to build a national economic restructuring plan for the 2021-2025 period, with an aim to creating a breakthrough change in the growth model towards higher productivity, quality and competitiveness.