NA deputies scrutinise strategic targets for national economy
Resources should be invested in strategic targets to meet requirements of economic restructuring and maintain a suitable growth in the future, a NA deputy has said.
NA deputies sitting for the second session of the 14th National Assembly (Source: VNA)
Hanoi (VNA) – Resources should be invested in strategic targets to meet requirements of economic restructuring and maintain a suitable growth in the future, a NA deputy ha♍s said.
Talking to reporters on the sidelines of the ongoing second session of the 14th National Assembly in Hanoi on November 3, deputy Mai Thi Anh Tuyet from the Mekong Delta province of An Giang stressed the need to consider carefully what are strategic targets in order to promote investment efficiency and increase added value for the national economy.
“If we do this way, the public debt or budget overspending can be managed better,” she noted.
Sharing Tuyet’s opinion, deputy Bui Si Loi from the central province of Thanh Hoa said, for Vietnam- a developing country with backward infrastructure that is accelerating its economic restructuring, especially in agriculture and rural areas, the borrowing and overspending are necessary.
It is necessary to focus resources on right targets, towards reducing the incremental capital output ratio (ICOR) to ensure effective investment, he added.
He raised his opinion that investment should be focused on building infrastructure for socio-economic development in remote, mountainous, and ethnic minority inhabited areas, thus soon realising the goals of the national target programmes on new-style rural area building and sustainable poverty reduction.
Economic development must be linked with social progress and equality, he noted.-VNA
National Assembly (NA) deputies scrutinised the draft laws on property auction and belief and religion on October 24 as the 14th NA’s second session is taking place in Hanoi.
NA deputies stressed the need to clarify responsibility in the management and use of public asset during their group discussion on the draft revised law on managing and using State asset on Oct 31.
National Assembly deputies on November 1 discussed a five-year financial plan, orientations for the mobilisation and use of capital as well as the management of public debt in 2016-2020.
The Government has quickly responded to pressing issues in society since it took office earlier this year, several National Assembly (NA) deputies told the media.
Minister of Finance Nguyen Van Thang cleared up deputies' concern regarding how to spur socio-economic growth, renew traditional growth motives and establish new momentum for development.
Vietnam proposed several priorities: narrowing the digital divide, strengthening women’s leadership in the digital economy and AI governance, and mobilising sustainable financing for gender equality initiatives in line with each country’s national priorities and context. Vietnam also advocated for genuine women’s participation and leadership across all areas of public life.
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.
NA deputies sitting for the second session of the 14th National Assembly (Source: VNA)
