The National Assembly (NA)’s Committee for Economic Affairs convened the12th plenary session on April 24 to verify a supplementary report onthe implementation of the 2014 socio-economic development plan and theplan for 2015.

The supplementary report by theMinistry of Planning and Investment (MPI) affirmed that most of the keytargets set by the NA were achieved, except for the one on the rate oftrained labourers.

Macro-economy was kept stablewith inflation kept under control and low growth in consumer priceindex. The GDP grew at a three-year high rate of 5.98 percent thatsurpassed the set target, and trade surplus was gained for the thirdstraight year, the ministry said.

In the firstquarter of 2015, the GDP growth rate was at 6.03 percent – the fastestpace for the period since 2011. The number of new businesses rose by 3.8percent with registered capital climbing 13.5 percent from a yearearlier, the MPI reported.

The ministry proposed 11key measures to promote socio-economic performance this year, includingcontinuing to improve the business climate, accelerating State-ownedenterprise (SOE) restructuring and equitisation, stabilisingmacro-economy, developing human resources, and stepping up the researchand application of science-technology in production and businessactivities.

At the plenary session, members of theCommittee spoke highly of the realisation of the set targets, notingthat such achievements were thanks to both internal efforts and globalfactors.

They agreed with the proposed 11 keymeasures while asking ministries and Government agencies to quicklyissue documents guiding the implementation of the revised Law onEnterprises, the revised Law on Investment, and the Law on PublicInvestment, ultimately optimising the economy’s competitiveness.

Many urged NA agencies to strictly supervise the making of regulationson investment and business conditions and issue a law or a resolutionon SOE privatisation to raise State agencies’ sense of responsibilityregarding this matter.-VNA