Sustainable Development Strategy approved

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Báo điện tử CP English - 69 month(s) ago 8 readings

Sustainable Development Strategy approved

VGP – PM Nguyễn Tấn Dũng has approved the Sustainable Development Strategy for the 2011-2020 period.

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The Strategy aims to ensure macro-economic stability and food-energy-financial security, renovate the growth model, effectively use resources, and move toward to green growth and low-carbon economy.

Accordingly, norms for supervision and evaluation of sustainable development in Việt Nam include human development index (HDI), Environmental Sustainability Index (ESI), Incremental Capital Output Ratio (ICOR), poverty rate, trained workforce, number of people killed in traffic accidents per 100,000 citizens, the number of communes recognized to meet new criteria for rural development, the ratio of forest coverage among others.

Growth model renovation

Prioritized orientations for sustainable development in terms of economic aspect are maintenance of sustainable economic growth, gradual movement to green growth, and clean and recycled energies development.

Besides, improve the quality of growth and ensure marco economic stability, especially financial and monetary policies. The growth model will be shifted from in width into in depth through effective exploitation and use of natural resources and advanced scientific and technological achievements to increase labor productivity and competitiveness of goods and services.

Green growth strategy will be drafted and carried out, the ratio of clean and recycled energies in the total energy consumption will be lifted up, and environmental industry will be gradually shaped.

Giving priority to key economic regions

The Strategy sets the target for protecting 3.8 million ha of land for cultivation to guarantee food security.

Sustainable development in the countryside must combine four processes: 1- Industrialization and modernization; 2- Urbanization; 3- Population control; 4- environmental protection.

Capital will be prioritized for the country’s key economic regions which play pivotal role in socio-economic development of other disadvantages areas.

Due attention will also be paid to narrow social and development gap among localities and regions.

By Hương Giang

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