The National Assembly Standing Committee examined several Government reports on the implementation of socio-economic tasks in 2014 and draft plans for 2015 during the last day of the committee’s 32nd working session on October 9.
The reports and plans will be the key items on the agenda of the NA’s 8th session slated to convene later this month.
According to the Government’s report, of the 14 key targets set by the NA for 2014, 13 are expected to be met or surpassed, except for the target in raising the rate of trained labourers in the workforce. The economy continued its recovery trend, with a growth rate of 5.62 percent for the first nine months of this year compared to 5.14 percent of the same period last year, the report said, adding that the growth rate for the year can be higher than 5.8 percent.
The report also affirmed that inflation has been contained, projected to be between 4.5-4.6 percent for the entire year, while the goal set by the NA was 7 percent. Social security and welfare policies have been well implemented, producing positive results.
Building on the outcomes of 2014, the Government said in 2015 it intends to continue with the master plan on restructuring the national economic with focus on public investment, commercial banks and State-owned enterprises alongside renovating the growth model. The Government will strive for a GDP growth of 6.2 percent.
Regarding national defence and security, the Government pledged to resolutely safeguard national sovereignty and interests in the East Sea and strive to deal with the complicated situation by peaceful means on the basis of international law, particularly the 1982 United Nations Convention on the Law of the Sea and the Declaration on the Conduct of Parties on the East Sea.
The NA Standing Committee members expressed their approval of the Government report and at the same time underlined major problems that should be dealt with in the time ahead, including difficulties hindering production and business activities, weak demand of the economy as a whole, low credit growth, delayed and ineffective settlement of bad debt and slow progress in restructuring SOEs and commercial banks. They also called for more attention to improving employment and living conditions of the poor and ethnic minority people.
Chairman of the Ethnic Council Ksor Phuoc said the report should make deeper analysis of the strong points and weaknesses in management, particularly that of local governments.
Some deputies proposed the Government should clarify the impacts of China’s illegal positioning of its oil rig inside Vietnam’s continental shelf and exclusive economic zone on domestic socio-economic development as well as on Vietnam-China ties, with a view of enhancing the country’s capacity of forecasting and dealing with similar incidents.
NA Chairman Nguyen Sinh Hung asked for more detailed analysis and specific measures to address such problems as slow economic restructuring, low productivity, public debt and potential threats to national defence and security.
The Government will revise its reports based on the NA Standing Committee’s recommendations in order to submit them to the NA at the 8th session.-VNA
The reports and plans will be the key items on the agenda of the NA’s 8th session slated to convene later this month.
According to the Government’s report, of the 14 key targets set by the NA for 2014, 13 are expected to be met or surpassed, except for the target in raising the rate of trained labourers in the workforce. The economy continued its recovery trend, with a growth rate of 5.62 percent for the first nine months of this year compared to 5.14 percent of the same period last year, the report said, adding that the growth rate for the year can be higher than 5.8 percent.
The report also affirmed that inflation has been contained, projected to be between 4.5-4.6 percent for the entire year, while the goal set by the NA was 7 percent. Social security and welfare policies have been well implemented, producing positive results.
Building on the outcomes of 2014, the Government said in 2015 it intends to continue with the master plan on restructuring the national economic with focus on public investment, commercial banks and State-owned enterprises alongside renovating the growth model. The Government will strive for a GDP growth of 6.2 percent.
Regarding national defence and security, the Government pledged to resolutely safeguard national sovereignty and interests in the East Sea and strive to deal with the complicated situation by peaceful means on the basis of international law, particularly the 1982 United Nations Convention on the Law of the Sea and the Declaration on the Conduct of Parties on the East Sea.
The NA Standing Committee members expressed their approval of the Government report and at the same time underlined major problems that should be dealt with in the time ahead, including difficulties hindering production and business activities, weak demand of the economy as a whole, low credit growth, delayed and ineffective settlement of bad debt and slow progress in restructuring SOEs and commercial banks. They also called for more attention to improving employment and living conditions of the poor and ethnic minority people.
Chairman of the Ethnic Council Ksor Phuoc said the report should make deeper analysis of the strong points and weaknesses in management, particularly that of local governments.
Some deputies proposed the Government should clarify the impacts of China’s illegal positioning of its oil rig inside Vietnam’s continental shelf and exclusive economic zone on domestic socio-economic development as well as on Vietnam-China ties, with a view of enhancing the country’s capacity of forecasting and dealing with similar incidents.
NA Chairman Nguyen Sinh Hung asked for more detailed analysis and specific measures to address such problems as slow economic restructuring, low productivity, public debt and potential threats to national defence and security.
The Government will revise its reports based on the NA Standing Committee’s recommendations in order to submit them to the NA at the 8th session.-VNA
