Lawmakers discuss socio-economic affairs

VOV.VN - National Assembly (NA) deputies discussed socio-economic development and State budget this year and plans for next year at the October 24 session of the ongoing 4th session of the 14th legislature in Hanoi.

lawmakers discuss socio-economic affairs hinh 0

They agreed upon the government’s report, saying they believe all 13 targets is achievable this year. 

Several economic sectors have contributed to the overall growth. Vietnam hopes to achieve a GDP growth rate of 6.7% this year, and between 6.5% and 6.7% next year.

Legislators urged the government to continue maintaining the macro-economic stability, restructuring the economy, revising the growth model, and boosting productivity, quality, efficiency, and competitiveness.

Deputy Tran Hoang Ngan from Ho Chi Minh City said, “The government is improving the investment environment and creating favorable conditions for businesses' growth, which will mean more taxes for the government. 

Budget spending has reduced by around US$175 million this year. Vietnam has signed a number of trade agreements with other countries, cut taxes, reduced oil prices, and increased salary. The government needs to boost administrative reform to reduce regular expenditures.”

Some members suggested changing the growth model to reduce dependence on natural resource exploitation and preventing waste.

In the afternoon, NA deputies discussed the revised Law on Forest Protection and Development and listened to the Prime Minister’s report on human resource management.