Resolutions on socio-economic development, state budget estimate adopted
The eighth session of the 13th National Assembly adopted resolutions on the socio-economic development plan and the state budget estimate for 2015 with a majority of votes on November 10.
The eighth session of the13th National Assembly adopted resolutions on the socio-economicdevelopment plan and the state budget estimate for 2015 with a majorityof votes on November 10.
With 89.54 percent of votes in favour,the resolution on the socio-economic development plan for 2015 waspassed, focusing on the enhancement of macro-economic stability and theremoval of obstacles for businesses and production.
Itprioritises the acceleration of administrative reform; the fight againstcorruption and wastefulness; strengthening defence-security;safeguarding national sovereignty; and maintaining political and socialorder and safety.
♕ The resolution sets a number of socio-economictargets, including a GDP growth rate of 6.2 percent, a total exportvalue growth rate of 10 percent, a consumer good index (CPI) increase of5 percent, and an increased social development capital of 30-32percent.
The proportion of poor households will be reduced by1.7-2 percent; 1.6 million jobs will be created; unemployment in urbanareas will be lowered to less than 4 percent; skilled labourers willaccount for 50 percent of the workforce; and the rate of malnutrition inchildren under the age of five will be less than 15 percent.
In the resolution, the NA calls for the effective implementation ofstrategic breakthroughs; the restructuring of the economy in accordancewith the transformed growth model; improving the quality, effectivenessand competitiveness of products, businesses and the economy; reformingadministrative procedures; accelerating the settlement of bad debts;and ensuring social welfare.
On the same day, the resolution on the state budget estimate for 2015 was approved with 88.13 percent of votes.
Accordingly,the budget revenue is projected at 921 trillion VND, while spendingwill be 1,147.1 trillion VND. This translates into a deficit of 226trillion VND, equivalent to 5 percent of GDP.
The resolutioncalls on the government to pursue a tight fiscal policy, while strictlymanaging spending to prevent wastefulness and corruption and promotingcareful spending.
🍸 Later that day, lawmakers discussed the revised enterprise law.-VNA
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.
Vice Chairman of the municipal People’s Committee Nguyen Manh Cuong highlighted ASEAN’s nearly six decades of development, during which the region transformed from division to harmony, from confrontation to cooperation, and from poverty to dynamic growth, becoming a global bright spot for regional cooperation.
Thirty years ago, on July 28, 1995, Vietnam’s accession to ASEAN marked a historic strategic decision, opening a new chapter in the country’s integration process and beginning its strong rise.
Ambassador Vu Le Thai Hoang has outlined specific priorities and proposals for cooperation with the UNODA in preparation for the upcoming 11th Review Conference of the Non-Proliferation of Nuclear Weapons (NPT).
The Vietnamese Party leader's visit is therefore expected to mark a new stage in the development of the Comprehensive Strategic Partnership between the two countries, with a focus on such areas as digital transformation, supply chains, semiconductors, clean energy, and maritime security, Choe assessed.
At their meeting, which took place in the Angolan capital of Luanda on August 7 as part of State President Luong Cuong’s ongoing state visit to the African nation, the two officials also agreed to make full use of existing cooperation mechanisms, particularly the Vietnam – Angola Intergovernmental Committee, and step up exchanges of delegations at all levels.
President Luong Cuong's talks with his Angolan counterrpart João Manuel Gonçalves Lourenço, Vietnamese leader's receptions for a delegation from the Japan – Vietnam Parliamentary Friendship Alliance, and the Government's regular meeting for July are among news highlights on August 7 evening.
Over the past five decades, the Vietnam - Angola relationship has grown steadily, marked by political trust and close bonds between their Parties, States, Governments, and peoples, said Deputy Prime Minister and Foreign Minister Bui Thanh Son.
President Luong Cuong called on the two countries to join hands to promote South – South cooperation, contribute to building a fair and equal global political and economic order, safeguard independence and sovereignty, and promote extensive and substantive international solidarity and cooperation.
President Luong Cuong called on the community to remain united, integrate well into local society, adhere to local laws, and continue contributing to both Angola’s development and Vietnam – Angola relations.
Vietnamese President Luong Cuong and Speaker of the National Assembly (NA) of Angola Carolina Cerqueira agreed to continue strengthening political trust, boost high-level delegation exchanges via all channels, including the parliamentary one, and create favourable legal conditions for bilateral cooperation.
Vietnamese State President Luong Cuong and Angolan President João Manuel Gonçalves Lourenço met with the press right after concluding their talks and witnessing the signing of seven cooperation agreements between the two countries in Luanda on August 7.
State President Luong Cuong stressed the fraternal ties between Vietnam and Angola as a shared invaluable asset. It serves as a solid foundation for both countries to enter a new phase of development, further foster political trust and mutual support between the two Parties and States, and deepen the solidarity and mutual understanding between their people.
At the dialogue, both sides expressed satisfaction with the intensive and extensive development of bilateral relationship since it was elevated to a Comprehensive Strategic Partnership last year.
The robust collaboration between the Vietnamese National Assembly and Japan’s National Diet, particularly between the two nations’ parliamentary friendship groups, is a hallmark of bilateral relations, contributing to deepening the Vietnam-Japan comprehensive strategic partnership, said NA Chairman Tran Thanh Man.
Deputy Prime Minister Le Thanh Long received British Ambassador to Vietnam Iain Frew in Hanoi on August 7, affirming education as a standout pillar in the Vietnam - UK Strategic Partnership.
