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2012 top ten socioeconomic and political events (28/12)

28/12/2012 - 18 Lượt xem

1. In 2012 the Vietnamese economy had to cope with perennial internal difficulties and adverse impacts of the world economic recession, so economic tasks became political tasks which were discussed at the meetings of the Communist Party Central Committee, for example maintaining and effectively utilizing more than 3.8 million ha of land for rice cultivation, reorganizing and improving the efficiency of State-owned companies and promoting economic restructuring.
2. For the first time in Vietnam, the National Assembly adopted a resolution indicating that a vote of confidence aiming at National Assembly-approved positions would be organized from 2013. Such activities would help improve the quality and effectiveness of the leadership of the Communist Party and the State in the new situation.
3. The year 2012 saw Vietnam's effective external relation activities. Communist Party General Secretary Nguyen Phu Trong visited Cuba and Singapore. President Truong Tan Sang visited Russia and attended the 24th APEC (Asia-Pacific Economic Cooperation) Summit. Prime Minister Nguyen Tan Dung attended the 21st ASEAN (Association of South East Asian Nations) Summit and the Asia-Europe Summit. Vietnam received the heads of state and politicians from many other countries. External relation activities in 2012 significantly contributed to improving Vietnam's position in the international arena.
4. The inflation rate of 2012 was the lowest in the last three years. Curbing inflation at the rate of eight percent was a very important success, thanks to which the macroeconomic stability was maintained, the investment environment continued to be attractive and sociopolitical security was maintained.
5. Agriculture became a mainstay of the national economy. While industrial production and construction were stagnant due to numerous difficulties, agricultural production, including forestry and fisheries, continued to bring into play the results of the previous years and gained remarkable achievements.
6. Export continued its role as the economic lever. Inheriting the previous results, goods exports in 2012 continued to reach high growth while trade deficit remained at the lowest level. Labor exports continued to be maintained despite difficulties in some foreign markets. Remittances by overseas Vietnamese reached nearly US$10 billion. Therefore, foreign exchange rate was stable.
7. Foreign investment continued to grow with the disbursement of over US$15 billion, including approx US$11 billion of FDI capital and nearly US$4 billion of ODA capital. International donors pledged to provide US$6.5 billion worth in ODA for Vietnam at the 2012 Consultative Group Meeting for Vietnam (CG 2012). It was considered key result, ensuring for the infrastructure development of the key investment projects in the remaining three years of the socioeconomic development planning in the 2011-2015 period.
8. Ha Long Bay was recognized as a new wonder of the world and the death anniversary of the Hung Kings festival was recognized as the world's cultural heritage, contributing to honor development potential of the Vietnam's tourism sector.
9. 2012 was the Traffic Safety Year achieved the highest result ever. It was the first commemoration for victims in traffic accidents. With its initial result, traffic accidents in 2013 would be reduced, contributing to the civilization of Hanoi and HCMC. 
10. In addition to these above achievements and results, the Vietnamese economy in 2012 did not reach a high growth as expected. GDP only increased by 5.2 percent compared to the target of 5.6 percent. However, it was considered to be a trade-off between inflation and growth and seen as a temporary decline in order to ensure the sustainable development of the economy and improve the quality of growth in the coming years. Consequences from its decline led to an increase in the number of shut-down enterprises and unemployment. 2012 was also recorded for an explosion in population./.

Source: VEN