2021-2025 economic restructuring plan focuses on digital transformation
Illustrative image (Photo: VNA)
The economic restructuring plan for the 2021-2025 period, approved by the 15th National Assembly during its second session on November 12, will focus on stepping up digital transformation and innovations, Director of the Central Institute for Economic Management (CIEM) Tran Thi Hong Minh has said.
Big changes of the world and Vietnam after the COVID-19 pandemic are requiring the country to accelerate the process of economic restructuring, as if the economic restructuring is delayed or slowed down, it will be very difficult for Vietnam to narrow the development gap with the world, overcome the middle-income trap, effectively respond to climate change, and take advantage of new opportunities of the fourth Industrial Revolution and the benefits of international integration, she noted.
The plan sets out a general goal of forming a suitable and effective structure in each industry and field, and between industries, fields and the whole economy. It also looks to develop national products based on new or high technologies, create a breakthrough in competitiveness of key economic sectors, and significant and substantive changes in the growth model and productivity, and increase the autonomy, adaptability and resilience of the economy.
The digital economy and urban economy are the new feature of the 2021-2025 economic restructuring plan, Minh stated, adding that attention will be paid to implementing solutions to perfect institutions and expand scientific and technological applications in all fields, and develop the business force, including connecting small- and medium-sized enterprises with big and FDI ones.
The plan also stressed the need for leaders of industries and sectors to change their ways of doing to increase the efficiency of economic restructuring./.
Related News
PM requests to continue improving efficiency of digital transformation in customs
10:39 | 22/04/2024 Customs
New fulcrums for economic growth
13:28 | 20/04/2024 Headlines
Digitalizing procedure for social welfare payment at State Treasury
18:25 | 03/04/2024 Finance
Hanoi State Treasury proactively digitizes and transforms operating methods
10:15 | 25/03/2024 Finance
Latest News
It is expected that there are higher orders and revenue in the second quarter from European businesses
09:31 | 23/04/2024 Import-Export
Vietnamese rice prices on the hike
15:08 | 22/04/2024 Import-Export
FDI flow into garment and textile sector bounces back
15:06 | 22/04/2024 Import-Export
Investors play a key role in developing the industrial park system
10:38 | 22/04/2024 Headlines
More News
Find ways to a corporation for businesses in industrial parks
10:38 | 22/04/2024 Import-Export
Export turnover of two agricultural product groups grows three-digit
18:10 | 21/04/2024 Import-Export
Early warnings reduce risks in trade defense
18:09 | 21/04/2024 Import-Export
Rubber exports are flourishing, promising potential
17:51 | 20/04/2024 Import-Export
Vietnam becomes biggest rice supplier for Singapore
17:49 | 20/04/2024 Import-Export
Vietnam an attractive destination for electronics, semiconductor investors: Official
17:41 | 20/04/2024 Import-Export
Wood exports started well
13:26 | 20/04/2024 Import-Export
Take advantage of e-commerce leverage for export
13:25 | 20/04/2024 Import-Export
Vietnam earns 1.43 billion USD from rice exports in Q1
15:50 | 19/04/2024 Import-Export
Your care
It is expected that there are higher orders and revenue in the second quarter from European businesses
09:31 | 23/04/2024 Import-Export
Vietnamese rice prices on the hike
15:08 | 22/04/2024 Import-Export
FDI flow into garment and textile sector bounces back
15:06 | 22/04/2024 Import-Export
Investors play a key role in developing the industrial park system
10:38 | 22/04/2024 Headlines
Find ways to a corporation for businesses in industrial parks
10:38 | 22/04/2024 Import-Export