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Deputies optimistic about socio-economic development prospects

National Assembly (NA) deputies have showed their delight at socio-economic development results in 2018 and belief in the completion of the five-year socio-economic plan for 2016-2020, on the sidelines of the ongoing 6th session of the 14th National Assembly.
Deputies optimistic about socio-economic development prospects ảnh 1An overview of the opening session (Source: VNA)

Hanoi (VNA) – National Assembly (NA) deputies have showed theirdelight at socio-economic development results in 2018 and belief in thecompletion of the five-year socio-economic plan for 2016-2020, on the sidelinesof the ongoing 6th session of the 14th National Assembly.

After hearing a report on the country’s socio-economicsituation this year and the development plan for 2019 delivered by PrimeMinister Nguyen Xuan Phuc at the opening of the session on October 22, most ofthe deputies appreciated the leadership and management of the Party andGovernment, as well as joint efforts by the ministries, sectors and localities.

They said that the impressive GDP growth and the fulfillmentof all the 12 targets set for this year by the legislature will be bright spotsin the country’s socio-economic picture.

Deputy Pham Van Hoa from the Mekong Delta province of DongThap said he was happy that gross domestic product (GDP) grew by 6.98 percentin the first nine months of 2018, and the whole year’s figure is expected to behigher than the NA’s target of 6.7 percent.

Hoa added he expects better socio-economic development in2019.

Meanwhile, Deputy Nguyen Ngoc Phuong from the centralprovince of Quang Binh said he is impressed by the development investmentduring 2016-2018, which is estimated at 33.5 percent of the GDP and fallswithin the target of averaging between 32-34 percent for the 2016-2020 period.

The socialist-oriented market economic institution isgradually getting completed, while the business and investment environment hasbeen improved, thus helping enterprises overcome with difficulties, he noted,adding that putting several key transport projects, including National Highway1A and the Ho Chi Minh Highway section crossing the Central Highlands region,into operation has contributed to improving capacity in this field andfacilitated the travel of people, even in peak times.

The structure of human resources has been shifted fromagriculture to industry and services, and the Prime Minister has taken a lot ofmeasures to create favourable conditions for enterprises, including steppingdialogue, cutting unnecessary administrative procedures.

Diplomatic work has also shown progress, thus helping expandeconomic partnership in investment cooperation and product consumption, Phuongobserved, adding that public investment has been tightened, which creates amomentum for economic development in the time to come.-VNA
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