Constituents pay attention to economic restructuring

Hanoi (VNA) – Constituents nationwide are paying attention to the second session of the 14th National Assembly that discussed economic restructuring for 2016-2020 on November 2.

In Ho Chi Minh City, constituents shared views that the economic restructuring for 2016-2020 in combination with the switch to new growth model towards improving economic competitiveness suits realities.

Vu Thanh Tu Anh, Research Director at the Fulbright Economics Teaching Programme, called for effectively allocating and using resources for economic restructuring by revising mechanisms on land, monetary, technological, labour and scientific reform.

General Director of HSBC Vietnam Pham Hong Hai suggested mapping out a strategy to utilise free trade agreements, Trans-Pacific Partnership and ASEAN Economic Community, which, he said, will bring much benefits to foreign-invested firms instead of small and medium-sized ones.

In order to speed up the effort, Rector of Economics-Law University under the Vietnam National University – Ho Chi Minh City Nguyen Tien Dung proposed educational establishments should promote autonomy and expand ties with foreign partners. In the meantime, the State should develop non-public education models.

He admitted that irrational allocation of resources is to blame for the below-expected training quality that fails to meet demand for workforce in labour market, especially tertiary and post-tertiary education.

In the Central Highlands province of Lam Dong, constituents wished that the NA would devise measures to balance State spending and revenue collection, with more funding be spent on high-tech agriculture.

Voter Mai Van Khan, Director of Tan Tien Agricultural Cooperative, hoped that more attention will be paid to science-technology and personnel training to help businesses grow further.

Le Van Toa from the provincial Party Committee’s Commission for Popularisation and Training urged for publicising a list of public debts in order to control wastefulness and corruption, adding that public investment should be made transparent and open.

Other voters attached importance to transport and lighting in rural areas, forest fire prevention, and supply of clean water in remote and ethnic minority areas.

Meanwhile in the northern province of Tuyen Quang, a majority of voters expressed their satisfaction with the socio-economic performance for 2016, the socio-economic scheme for 2017 and the economic restructuring plan for 2016-2020.

Voter Tran Thanh Sang from Tu Thinh commune, Son Duong district, said in order to narrow development gap among regions, the government should commit more resources to the new rural construction, vocational training and job creation in rural areas.

Commenting on the economic restructuring scheme for 2016-2020, voter Bui Duc Vinh from Tuyen Quang city said voters are satisfied with the government’s resolve to accelerate the effective and practical settlement of bad debts in credit organisations, as well as strengthen financial market, divest from State-owned enterprises and transfer commercial assets and business opportunities to private sector.-VNA