The Socio-Economic Development Strategy (SEDS) 2011-2020 gives attention to structural reforms, environmental sustainability, social equity, and emerging issues of macroeconomic stability. It defines three "breakthrough areas": (i) promoting human resources/skills development (particularly skills for modern industry and innovation), (ii) improving market institutions, and (iii) infrastructure development
A five-year Socio-Economic Development Plan (SEDP 2011-2015) elaborated objectives for the first five years of the SEDS and identifies the specific measures and resources that are needed to achieve high quality and sustainable economic growth, including: the need to restructure the economy to increase the share of high value-adding economic activities; improve the living standards of ethnic minority populations; strengthen environmental protection; and mitigate and prevent the adverse impacts of climate change. The country has completed review of this 5 year plan and is preparing the next 5 year plan, 2016 – 2020 to achieve the targets set in the 10-year strategy.
The Government has recently paid more attention to improving the business environment, with two Resolutions issued in March 2014 and March 2015, setting out concrete actions to remove obstacles to doing business in Vietnam, with a goal of achieving a business environment comparable to the average of the ASEAN-6 group.