NA Standing Committee convenes 10th session

The 10th session of the 14th National Assembly Standing Committee commenced in Hanoi on May 15.
NA Standing Committee convenes 10th session ảnh 1At the session (Photo: VNA)
Hanoi (VNA) – The 10th session of the14th National Assembly Standing Committee commenced in Hanoi on May 15.

NA Chairwoman Nguyen Thi Kim Ngan said thethree-day sitting aims to prepare for the third meeting of the 14thlegislature.

Legislators will give opinions about the bill onthe amendments and supplements to some articles of the Penal Code, the draftresolution on handling bad debts of credit organizations, and the State budgetestimate 2015.

They will also elaborate about the ratificationof a treaty supplementing the Border Delimitation Treaty between Vietnam andLaos regarding the revision of the starting point of the two countries’ borderline, as well as the Protocol on the two nations’ border line and border markers.

Lawmakers are discussing a report supplementingthe evaluation of implementation of socio-economic development plan and Statebudget in 2016 and reviewing the first months in 2017; a report on theinspection of settlement of voters’ petitions sent to the second session of thelegislature; a draft report summarizing opinions and recommendations of votersand the public; and a proposal on separating the compensation and resettlement relatingto ground clearance from the Long Thanh international airport project and makeit a sub-project.

The legislature will also mull over theGovernment’s draft resolution stipulating some specific finance-bankingmechanisms and policies for the northern port city of Hai Phong.

Following the opening, the committee looked intothe report supplementing the evaluation of implementation of socio-economicdevelopment plan and State budget in 2016 and reviewing the first months in2017.
The report, submitted bythe Government, affirmed that the socio-economic situation in the first fourmonths of 2017 was significantly improved, with stable macro economy and curbedinflation.

The index of industrial production (IIP) posteda year-on-year increase of 5.1 percent, far below the growth recorded in thesame period in 2016 (7.4 percent) but higher than that of 4.2 percent in thefirst quarter of 2017.
The total retail sale and service revenues wereestimated to increase by 9.6 percent against the same period last year. 

The number of international tourists to Vietnamsurged 32 percent to reach 4.3 million in January-April.

In the four-month period, the country had 39,580newly-established businesses with total registered capital of 369.6 trillionVND (16.6 billion USD), a year-on-year rise of 14 percent and 48.9 percent,respectively.

Positive outcomes were also seen in other fieldssuch as education-training, science-technology, labour, social welfares,healthcare, culture, sports, and communication.

The Government also reported that the adjustedevaluation of socio-economic performance for 2016 did not differ much from theestimated figures presented to the 14th NA’s second session. Itre-affirmed that in 2016, 11 out of the 13 socio-economic development targetswere achieved and surpassed. The country failed to reach the goals of grossdomestic product (GDP) and export revenue growth.

NA Vice Chairman Phung Quoc Hien urged theGovernment to further clarify issues raised by lawmakers such as theequitisation of State-owned enterprises, environmental pollution and climatechange, agricultural and rural development, labour, value added tax refund, andofficial development assistance (ODA) management.

The Government should pay heed to theimplementation of important tasks and projects such as the North-Southexpressway and flood prevention in Ho Chi Minh City as well as the detailed allocationof mid-term public investment capital.

The NA Standing Committee basically approved thegroups of solutions proposed by the Government to boost socio-economicdevelopment but required more specific measures to deal with several problemsincluding the dropping oil prices, difficulties in the consumption ofagricultural products, the completion of socialist-oriented market economyinstitutions, among others.-VNA
VNA

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