Economic committee prepares reports for NA’s coming session
The National Assembly (NA)’s Committee for Economic Affairs commenced a two-day meeting in Da Nang city on October 17 to prepare for verification reports to be submitted to the parliament’s fourth session, slated for later this month.
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They will look into the draft revised law on competition, a project on land seizure, compensation and resettlement support serving the construction of Long Thanh International Airport in Dong Nai province, and the investment in building some sections of the eastern North-South Expressway between 2017 and 2020.
Deputy Minister of Planning and Investment Nguyen Van Trung delivered a report on the implementation of the NA’s resolution on the 2017 socio-economic development plan and on directions for 2018.
Accordingly, Vietnam’s macro-economy has been kept stable with GDP growth rate estimated at 6.7 percent this year. While the investment and business climate has continued to be improved, the economic restructuring associated with growth model reform has been stepped up.
Administrative reforms and the fight against corruption and wastefulness have been strengthened, resulting in many important outcomes. Improvements can also be seen in different social aspects, Trung said.
Major development orientations for 2018 include continuing to stablise the macro-economy, making substantive improvements in carrying out strategic breakthroughs and economic restructuring, encouraging innovation and startups, and promoting economic growth.
Enhancing administrative reforms, environmental protection, climate change response, defence-security strength, external activities, and international integration will also be main directions for development next year, according to the report.
