Lawmakers review performance of socio-economic development, state budget plans
Full-time lawmakers offered their opinions on the Government’s report and the NA’s Economic and Financial-Budget Committees’ reports on examining the implementation results of socio-economic development and state budget plans for 2022 and the first months of 2023.
Minister of Planning and Investment Nguyen Chi Dung speaks at the event. (Photo: VNA)
Hanoi (VNA)💎 – Full-time lawmakers offered their opinions on the Government’s reportand the NA’s Economic and Financial-Budget Committees’ reports on examining the implementation results of socio-economic development and state budget plans for 2022 and the first months of2023.
Speaking at theevent, Chairman of the NA’s Economic Committee Vu Hong Thanh suggested theGovernment persist in achieving macroeconomicstability, controlling inflation, strengthening the adaptive and resilientcapacity of the financial and banking system, adopt synchronous measures totackle difficulties in the financial, monetary, corporate bond and real estatemarkets. He also proposed directing monetary policies proactively, flexiblyand effectively while combining closely with other fiscal and macroeconomicpolicies, accelerating the disbursement of public investment capital, promotingexports and diversifying export markets.
Concluding theevent, NA Vice Chairman Tran Thanh Man said the NA Standing Committee basicallyagreed with the Government’s report.
🤪 He asked theGovernment to clarify the causes of existing shortcomings in socio-economicdevelopment and the responsibility of relevant agencies and individuals.
Man also urged stepping up the disbursement of capital especially for the threenational target programmes, major and important national projects, along withinter-regional connectivity, climate change adaptation and urgent local projects.
According to the NA Vice Chairman, policies should be put in place toensure a balance between supply and demand, and to stabilise commodity prices.A comprehensive review of laws, regulations, decrees, and circulars should alsobe carried out to identify and promptly resolve any issues. The role of theState Audit Office of Vietnam in inspecting and supervising the management and use ofpublic finances and assets should be strengthened.
▨ Man asked the Government to take into accountthe opinions of the NA Standing Committee, NA Chairman Vuong Dinh Hue tocomplete and submit a report to the 15th NA’s fifth session.
According to the Government's report, the country's economic growth in Q1/2023 was estimated at 3.32%, lower than 5.6% set in the Resolution No. 01/NQ-CP. Slowdown was also recorded in industry-construction, exports-imports and FDI attraction./.
National Assembly (NA) Vice Chairman Nguyen Duc Hai on April 18 presided over a meeting with ministries and NA departments on the allocation of the remaining capital for the medium term of 2021-25, which could greatly affect key projects and growth.
Prime Minister Pham Minh Chinh chaired a teleconference with representatives of the 63 cities and provinces on April 20 to launch the National Master Plan for 2021-2030 with a vision to 2050, contributing to building a strong and prosperous country, and well-being of the people.
The Government convened the regular April meeting under the chair of Prime Minister Pham Minh Chinh on May 5 to look into the socio-economic situation in April and the first four months of 2023, along with some other important issues.
As part of the ASEAN Day celebrations, the Vietnamese embassy will also host the ASEAN Family Day 2025 in Ottawa to foster solidarity and community spirit among ASEAN members in Canada.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
Minister of Planning and Investment Nguyen Chi Dung speaks at the event. (Photo: VNA) 
