NA committee considers economic integration’s impacts
The Government’s report on outcomes of international economic integration since Vietnam joined the World Trade Organisation was scrutinised at the National Assembly Standing Committee’s 41st meeting.
The Government’s report on outcomes of international economic integration since Vietnam joined the World Trade Organisation (WTO) was scrutinised at the National Assembly Standing Committee’s 41 st meeting on September 18.
According to the NA’s Economic Committee, international integration, especially the participation in the WTO in 2007, has brought impacts on all domestic socio-economic aspects with remarkable outcomes.
It has opened up more opportunities for locals to raise their incomes. In 2014, average GDP per capita reached 43.4 million VND (1,931 USD) a year, up 2.93 times from that of 2007.
However, the process has caused negative impact on the environment, as accelerated mining and oil exploitation exhausted natural resources.
In addition, economic regulations and institutions, while much improved, have shown limitations in quality and enforcement, and economic policies are not strong enough to take advantage of opportunities brought about by international integration, especially those for the private sector. Meanwhile, administrative reform has yet to meet economic development requirements, and competitiveness of the nation and enterprises remains low.
Many Standing Committee members said that many points in the report, particularly the causes of problems, should be analysed deeper in order to find out solutions for the next stage of integration.
According to NA Chairman Nguyen Sinh Hung, the report has yet to answer the question whether Vietnam’s 8-year WTO membership helps improve its economy and narrow development gap with other countries or not.
Meanwhile, Truong Thi Mai, Head of the NA Committee for Social Affairs, stressed the need for comparison with other nations in the region during the integration process.
🉐 Head of the NA Ombudsman Committee Nguyen Duc Hien asked for further clarification of the process’s impact on the agricultural sector, particularly human resources working in this field, poverty reduction and new-style rural area building.-VNA
Government officials and economic experts came together for a conference in Ho Chi Minh City on July 16 to share their opinions on a plan to increase the dissemination of information about international economic integration.
Opportunities and challenges for Vietnamese businesses during their East Asian economic integration process were discussed at a workshop in Hanoi on August 22.
There were many shortcomings in Vietnam's efforts to push for international integration including insufficient awareness about the process and a lack of a proactive mindset.
The 41st session of the 13th National Assembly (NA) Standing Committee opened in Hanoi on September 14, during which legislators are scheduled to debate several bills and laws.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
The General Secretary underlined the resolve to achieve a growth rate of at least 8% in 2025, laying the groundwork for double-digit growth in the following period. He noted that these are mandatory targets, with no alternative path to success.
Restructuring and improving the quality of officials, civil servants, and public employees is no longer a choice, but an urgent requirement to transition from administrative management to governance in service of the people.
The Vietnamese Embassy in Israel has advised Vietnamese people living there to proactively prepare and seek ways to leave the country via land border crossings, especially toward Jordan or Egypt, when security and safety conditions allow.
NA Chairman at the meeting (Photo:VNA)
