National Assembly (NA) deputies have emphasised the urgent need toremove difficulties for businesses, which serve as blood vessels to feedthe economy, as they are weakening alarmingly.
They made the emphasis at a live-broadcast discussion of the 11 thNational Assembly’s fourth session regarding the performance ofsocio-economic development plans in 2012 and the plans for 2013 inHanoi on October 30.
A majority of deputies acknowledged theGovernment’s efforts in executing socio-economic development plans amidinternal and external difficulties.
Deputy Cao SyKiem from Thai Binh province said that in the first nine months of 2012,the Government has successfully controlled inflation and launched aneconomic model renovation in some sectors in a more secure direction.
For his part, deputy Le Huu Duc from Khanh Hoaprovince suggested the Government take stronger actions in rearrangingthe banking system, urging the termination of operation of small bankswith weak liquidity currently disturbing the whole system.
He added that in this context, local businesses should use eachother’s products and minimise imports of products that can be madelocally.
Deputy Tran Du Lich held that a target ofattaining a GDP growth of 5.5 percent and curbing inflation rate at 8percent in 2013 is feasible, proposing the design of an economicrestructuring roadmap from 2012 to 2015.
Heunderlined the need to establish a Prime Minister-headed nationalcommittee on economic restructuring and asked the Government to prolongits support programmes for businesses until the end of 2013.
Reporting to the deputies on businesses’ inventories, Minister ofIndustry and Trade Vu Huy Hoang said that by October 1, the volume ofinventories held by the processing and manufacturing industries haddecreased from 34.9 percent to 20.3 percent, on the back of numerouspositive measures taken by management agencies and businessesthemselves.
At present, high inventories arefound in such products as coal, steel, fertiliser and cement, Hoangsaid, noting that his ministry is coordinating closely with associationsand businesses in seeking measures to solve this problem.-VNA
They made the emphasis at a live-broadcast discussion of the 11 thNational Assembly’s fourth session regarding the performance ofsocio-economic development plans in 2012 and the plans for 2013 inHanoi on October 30.
A majority of deputies acknowledged theGovernment’s efforts in executing socio-economic development plans amidinternal and external difficulties.
Deputy Cao SyKiem from Thai Binh province said that in the first nine months of 2012,the Government has successfully controlled inflation and launched aneconomic model renovation in some sectors in a more secure direction.
For his part, deputy Le Huu Duc from Khanh Hoaprovince suggested the Government take stronger actions in rearrangingthe banking system, urging the termination of operation of small bankswith weak liquidity currently disturbing the whole system.
He added that in this context, local businesses should use eachother’s products and minimise imports of products that can be madelocally.
Deputy Tran Du Lich held that a target ofattaining a GDP growth of 5.5 percent and curbing inflation rate at 8percent in 2013 is feasible, proposing the design of an economicrestructuring roadmap from 2012 to 2015.
Heunderlined the need to establish a Prime Minister-headed nationalcommittee on economic restructuring and asked the Government to prolongits support programmes for businesses until the end of 2013.
Reporting to the deputies on businesses’ inventories, Minister ofIndustry and Trade Vu Huy Hoang said that by October 1, the volume ofinventories held by the processing and manufacturing industries haddecreased from 34.9 percent to 20.3 percent, on the back of numerouspositive measures taken by management agencies and businessesthemselves.
At present, high inventories arefound in such products as coal, steel, fertiliser and cement, Hoangsaid, noting that his ministry is coordinating closely with associationsand businesses in seeking measures to solve this problem.-VNA
