NA targets 6.7% GDP growth in 2017

Over 85 percent of the NA deputies approved the resolution at the plenum, which was part of the 14th parliament's second session.

The plan also targets a 6-7 percent rise in export-import revenue, and trade deficit accounting for some 3.5 percent of total trade turnover. While the consumer price index is expected to increase by around 4 percent, total social development investment is expected at 31.5 percent of GDP. The plan continues to target a stable macro-economy, economic restructuring associated with growth model reform, and improved economic competitiveness. It also looks to encourage sustainable start-ups, ensure social welfare, proactively respond to climate change, increase environmental protection, and step up administrative reforms.

Under the plan, the country will press on with protecting independence, sovereignty, territorial integrity, national security, political stability, and social order and safety. The NA also pledged to improve diplomatic activities, international integration, and promote a peaceful and stable environment for national development. In the newly-passed resolution, the NA called on the entire Vietnamese people, both at home and abroad, to bring into play patriotism, capitalize on internal strength, and make use of opportunities to carry out the 2017 socio-economic development plan as best as possible.