This paper presents the Annual Progress Report on Vietnam’s Poverty Reduction Strategy. The industrial output and export turnover have continuously increased and exceeded the targeted plan. The entire social investment has been fairly well increased, especially that of the private sector, which has been vigorously increased. The targets of employment and poverty reduction as well as the rate of malnourished children have been satisfactory or even exceeded the estimated plan. Many action plans have been implemented, such as institutional reform, administrative apparatus reform, and staff quality improvement and renovation.
International Monetary Fund. External Relations Dept.
This paper examines the importance of national planning for economic development of a country. The paper highlights that when World War II began, Soviet Russia was the only country engaged in systematic development planning, and then only since 1929, when its First Five-Year Plan was approved. At the end of the War, Asian countries that either had, or were about to, become independent, embraced planning to a much greater extent than countries in any other region.