Growth must go with macro-economic stability: deputies
Deputies highlighted the Government’s determination to ensure macro-economy stability and sustainable economic growth on the fringe of the first session of the 14 th National Assembly.
Growth must go with macro-economic stability: deputies (Source:VNA)
Hanoi (VNA) – Deputies highlighted the Government’s determination to ensure macro-economy stability and sustainable economic growth on the fringe of the first session of the 14 th National Assembly.
Deputy Le Quan from Hanoi said bettering the State control over spending for public investment as well as the economic growth speed and quality is needed to cope with any possible changes.
He recommended keeping this year’s economic growth at a reasonable level of 6-6.3 percent instead of 6.7 percent as targeted, and adjusting the interest rate more flexibly to facilitate business development.
The Government’s Resolution No.19 on improving the business environment, increasing national competitivness in 2016-2017 and with orientations towards 2020 along with Resolution No.35 on supporting and developing businesses till 2030 have created a new spirit in the business community, he said.
He called for speeding up economic restructuring to create more opportunities for small-and medium-sized enterprises to access financial resources and overcome capital, technical and legal barrie rs.
Hoang Van Cuong, another deputy from Hanoi, emphasised the need to push the equitisation and restructuring of State-owned businesses.
He proposed the Government strictly handle ineffective public investment projects and clarify responsibilities of individuals and organisations involved.
Deputy Vu Tien Loc from Thai Binh pointed to an array of difficulties facing the economy such as high budget deficit, increasing public debt, and unpragmatic credit growth figures.
The Government has sent clear messages and launched concrete plans to reform administrative procedures, but many ministries, agencies and localities have not yet implemented them effectively, he noted.
🍃 He proposed the National Assembly devise a programme to supervise the improvement of the business and investment environment.-VNA
National Assembly (NA) deputies must insist on voting against overspending the government’s planned budget, said Deputy Tran Hoang Ngan from Ho Chi Minh City on July 21.
Legislators cast secret ballots to elect the Vice State President, Chief Judge of the Supreme People’s Court and Prosecutor General of the Supreme People’s Procuracy in Hanoi on July 27.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
Growth must go with macro-economic stability: deputies (Source:VNA)
