The National Assembly approved a resolution on the socio-economic development plan for 2016, which sets the goal of a 6.7 percent increase in gross domestic product (GDP), on November 10.
Hanoi (VNA) – The National Assembly approved a resolution on the socio-economic development plan for 2016, which sets the goal of a 6.7 p💛ercent increase in gross domestic product (GDP), on November 10.
Maintaining macro-economic stability, striving for a higher economic growth rate, and improving growth quality for sustainable development continue to be the main targets for next year.
The National Assembly urges accelerating the implementation of strategic breakthroughs and economic restructuring in line with growth model renovation, while continuing to improve living conditions and social welfare.
Other goals set by the resolution include keeping the consumer price index growth below 5 percent while increasing the import-export turnover by 10 percent with the trade deficit of below 5 percent.
Total social development investment should be equal to 31 percent of GDP, and the rate of energy consumption per one GDP unit should be cut by 1.5 percent compared to the figure in 2015.
The rate of household poverty according to multi-dimensional poverty standards is expected to decrease by 1.3-1.5 percent, while the urban unemployment rate will be kept under 4 percent and the skilled labour rate be raised to 53 percent.
The health insurance coverage will be 76 percent, the forest coverage - 41 percent, and 85 percent of the industrial and processing zones should have environmentally-friendly wastewater treatment system.
The NA resolution also requests ministries, sectors and localities to effectively use natural resources, proactively carry out measures to protect the environment, deal with disasters and adapt to climate change.
Efforts should be made to intensify administrative reform, enhance the efficiency of State management, while boosting corruption and wastefulness prevention, strengthening defence security and social order and safety, and firmly safeguarding national sovereignty.
The legislature also requires the Government to take flexible and efficient monetary and financial policies, maintain suitable interest rate, exchange rate and credit growth, address bad debt effectively, and control public debt, Government debt and foreign debt strictly.
Notably, the NA asks for the building of a legal framework to ensure the centralised State procurement in 2016, and the acceleration of state-owned enterprise restructuring, especially those involved in agriculture and forestry.-VNA
PM Nguyen Tan Dung delivered a Government report on the 2015 socio-economic situation and the socio-economic development plan for 2016 during the 13th National Assembly (NA)’s 10th session.
A number of socio-economic issues were spotlighted by National Assembly (NA) deputies at their group discussions on October 22 as part of the ongoing 13th parliament’s 10th sitting.
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.
National Assembly's 10th session (Source: VNA)
