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National Assembly opens new session

Update: October, 20/2014 - 14:58
The 13th National Assembly's eighth session commences yesterday at the National Assembly House in Ha Noi. The Government reports 5.62 per cent economic growth during the first nine months of this year. — VNA/VNS Photo Duc Tam.

HA NOI (VNS) — The eighth session of the 13th National Assembly opened in Ha Noi yesterday with a heavy agenda loaded with bills to put into practice the 2013 Constitution.

In 35 working days, the longest session to date, the legislature is expected to adopt 18 draft laws and three draft resolutions, and debate 12 other draft laws.

Addressing the opening session, NA Chairman Nguyen Sinh Hung said that it was being held as the world economy slowly recovered, and complicated armed conflicts and epidemics broke out in many areas in the world.

In Viet Nam, he said, while the macro-economy maintained its stability and the national economy was on track of recovery, many difficulties threatened sustainable development and created social and security problems, including problems in the East Sea.

In such a situation, the Party, the people and the army as a whole should uphold their resolve to overcome the challenges and fulfill the socio-economic development plans for 2014 and the 2011-15 period.

He said that during this session, the NA would cast their votes of confidence for the second time for key officials in the State apparatus.

Prime Minister Nguyen Tan Dung presented the Government's report on the implementation of the socio-economic development plans for 2013, 2014 and the five-year period from 2011-15.

Prime Minister Nguyen Tan Dung presents to the NA the Government's report on the implementation of the socio-economic development plans for 2013, 2014 and the five-year period from 2011-2015. — VNA/VNS Photo Duc Tam

The report says that Viet Nam has made steady socio-economic progress and is set to achieve a growth of 5.8 per cent this year.

Inflation declined to 2.25 per cent in the nine-month period, the lowest in ten years, the report says, adding that the annual figure is expected to be less than five per cent.

The report also says that the country's business environment and competitiveness is yet to improve, as evidenced by a high number of businesses being dissolved.

Slow credit growth and rising public debt are challenges that the country faces, the report says. It also notes that the securities market is still unstable, the real estate market sluggish and export shipments by domestic firms still low.

For 2015, the report sets a growth target of 6.2 per cent and an inflation rate of 5 per cent, a 1.7-2 per cent decrease in poverty overall, a four per cent decrease in poverty in poor localities, and the creation of 1.6 million new jobs.

Later in the session, the NA deputies heard a summary report on voters' opinions, and a report on the NA Economic Committee's verification of the Government's report on socio-economic development in 2014 and tasks set for 2015.

The session also discussed reports on the corruption fight in 2014 as well as a proposal on revisions to textbook content for general education.

Other reports discussed at yesterday's session included one on the implementation of State budget estimates for 2014, and another on budget estimates and central budget allocations for next year. — VNS

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