Monday, November 18 2019

VietNamNews

National Assembly begins important discussion on socio-economic issues

Update: October, 30/2019 - 11:48

 

National Assembly deputies on Wednesday discuss socio-economic and State budget performance in 2019 and plans for 2020. — VNA/VNS Dương Giang 

HÀ NỘI — The National Assembly (NA) began an important discussion on socio-economic and State budget performance in 2019 and plans for 2020 on Wednesday.

The discussion is being broadcast live on national television and radio and the NA’s TV channel.

In presenting the Government’s report to the NA at the opening sitting of the NA’s 8th session, Prime Minister Nguyễn Xuân Phúc said all the socio-economic development targets for 2019 are expected to be fulfilled, with five targets to be surpassed. Economic growth is expected to be higher than the set goal while macro-economic stability is maintained, inflation is under control and all major balances of the economy are strengthened and expanded.

The Government leader noted that the GDP growth for 2019 is estimated at 6.8 per cent, one of the highest rates in the region and the world, which reflected the great endeavours of all-level administrations, sectors and the entire country.

The Government outlined the overall targets for 2020, looking to continue maintaining macro-economic stability, keeping inflation under control, enhancing the economy’s productivity, quality, efficiency and competitiveness. The Government will push ahead with reforms, perfecting institutions to facilitate the optimisation of all resources and create an open and favourable environment for investment and business. Economic restructuring will be bolstered in combination with renewing the growth model, the pace of national key projects will be accelerated, and the role of key economic zones and major urban centres will be promoted.  

The Government will strengthen national defence and security, improve the effectiveness of external relations and international integration, while striving to perform the role of ASEAN Chair in 2020 and a non-permanent member in the UN Security Council during 2020-21. It will firmly protect national independence, sovereignty and territorial integrity while maintaining a peaceful and stable environment for development, and enhancing the country’s prestige and position in the international arena.

During the discussion at the NA, Government members will be called up to explain issues raised by NA deputies.

The discussion will last through the morning of November 1. — VNS

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