Aiming for double-digit growth in the next 20 years

At the conference to review the work of 2024 and deploy tasks for 2025 this morning (December 28), Minister of Planning and Investment (MPI) Nguyen Chi Dung said: By the end of 2024, we are likely to complete 15/15 main targets; the growth rate will reach about 7%, exceeding the target set by the National Assembly (6-6.5%).

“Our country continues to be an attractive destination for global FDI capital flows, which are declining and competition among countries is increasingly fierce. FDI attraction in 11 months is estimated at nearly 31.4 billion USD; realized FDI capital is estimated at about 21.7 billion USD, up 7.1% over the same period,” the Minister informed.

In particular, the Government and the world's leading technology corporation NVIDIA signed an agreement to establish a Research and Development Center and an Artificial Intelligence (AI) Data Center. This is a historic turning point for Vietnam, making our country the leading AI research and development center in Asia.

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Minister Nguyen Chi Dung: In the next 20 years, our country will strive for double-digit growth. Photo: Tuan Anh

Emphasizing that 2025 is a year of special importance, Minister Nguyen Chi Dung raised 6 key issues and challenges for the country as well as in strategic advisory work for 2025, the 2026-2030 period and the vision to 2045.

In particular, focusing on researching and concretizing the Party's strategic vision for the new era - the era of striving for strong, prosperous development of the nation.

“In the next 20 years, our country must grow at a high rate, striving for double digits, or 10% or more, to realize the goal of becoming a high-income country by 2045,” said Mr. Dung.

The apparatus changes but the functions and tasks remain the same.

Regarding the streamlining and merging of the Ministry of Planning and Investment and the Ministry of Finance, Minister Nguyen Chi Dung said that the ministry has seriously implemented the arrangement and restructuring of the organizational apparatus; coordinated with the Ministry of Finance and relevant parties to develop a project to merge the two agencies.

“In the coming time, the organization of the agency will change, but the functions and tasks of the planning, investment and statistics sectors will not change. In fact, they will become more burdensome with higher requirements and demands.

Regardless of the circumstances, any position, operating under any form of organization or name, each cadre, civil servant, public employee and worker in the entire sector will continue to promote the 80-year historical tradition of formation and development. The spirit of solidarity, courage and pride, upholding the flag of reform, pioneering innovation, constantly striving to contribute, serving the country, serving the people, moving forward together, moving steadily, writing a new page in the history of the planning - investment and statistics sector", the Minister affirmed.

According to the report of the Ministry of Planning and Investment, as of December 2024, the ministry has 23 units performing state management functions, including 1 general department, 5 departments, 17 departments and equivalent; 2 departments less than the previous term.

In 2024, the Ministry of Planning and Investment will continue to reorganize public service units. To date, the ministry has 27 focal points, including 5 units under the organizational structure of the ministry, 2 units under the decision-making authority of the Prime Minister, 5 units under the General Statistics Office, 4 units under the General Department, 11 units under the Department and equivalent.

The Ministry has also developed a roadmap to rearrange and reorganize a number of focal points in two phases: by 2025 and by 2030. The Ministry has implemented the process of reviewing and supplementing the planning of ministerial and deputy ministerial positions in two phases 2021-2026 and 2026-2031.

In addition, the Ministry of Planning and Investment also reviewed and approved the planning of leadership and management positions for the 2021-2026 and 2026-2031 terms.