NA Chairman Vuong Dinh Hue addresses the meeting with the Hanoi Party Committee’s Standing Board on July 25. (Photo: VNA) The event focused on the NA’s resolutionon socio-economic recovery and development of localities, Resolution No 97/2019/QH14on piloting the urban administration model in Hanoi, and Resolution No 115/2020/QH14on piloting some specific financial - budgetary mechanisms and policies forHanoi.
The building of the draft revised Law onthe Capital also came under consideration.
In his remarks, Chairman Hue held that amidthe world’s economic fluctuations and intertwined advantages and difficulties inVietnam, Hanoi has strived to fruitfully carry out the resolution of the 13th National Party Congress, the resolution of the 17th municipal PartyCongress, along with specialised resolutions of the Party Central Committee,the NA, the Government and the city, thus obtaining relatively comprehensiveand important results.
He demanded that in the time ahead, Hanoi continue making mid-term review oftask performance to achieve faster development, consider the capabilities offulfilling socio-economic development targets for the entire tenure, press onwith public investment, and clarify causes of the decline in the city’s overallcapacity compared to the national average.
Chairman of the municipal People’s Committee Tran Sy Thanh reported that thelocal economy has been recovering strongly after the COVID-19 pandemic.
The average growth in 2021 and 2022 was1.12-fold and in the first half of 2023 about 1.3-fold higher than the country’soverall economic expansion. The State budget revenue topped 656 trillion VND (27.7billion USD) during 2021 and 2022, equivalent to 119.9% of the target.
However, there remain some shortcomingsand problems, he admitted, elaborating that during H1, the foreign tradeturnover decreased, industrial production and total retail sales of goods andconsumer service revenue rose at slower paces than in a year earlier, thenumber of businesses resuming activities fell, but those suspending operations increased./.
VNA
