Vietnam Foreign Investment Agency
The FIA's General objectives of the 5-year 2006-2010 socio-economic development plan are defined as: “Boosting the economic growth rate, improving the efficiency and the sustainability of the development, quickly bringing our country out of the situation of ill development. Remarkably improving the material, cultural and mental life of the people. Speeding up the industrialization and modernization, developing the knowledge economy to form the ground for the country to fundamentally become a modernization-oriented industrial nation by the year 2020. Maintaining the political stability, social security and order. Defending firmly the independence, sovereignty, territorial integrity and national security. Improving the status of Vietnam in the region and in the international arena”.
The 5-year 2006-2010 economic growth objective is to increase the gross domestic products (GDP) by 2.1 times compared with that of the year 2000; GDP per capital in 2010 will be about USD 1,050-1,100 USD; the annual GDP growth rate in the 5-year period of 2006-2010 will be between 7.5-8% with the level of over 8% being attempted. The whole society’s demand for investment capital in the 5-year period of 2006-2010 is estimatedly USD 140 billion ( in terms of 2005 price), accounting for 40% of the GDP, of which the external capital source accounts for about 35%.