Socio-economic matters main topic at NA session on May 31
The National Assembly (NA) will spend the whole day of May 31 – the ninth working day of its fifth session – looking into supplementary assessments of the implementation of the socio-economic development plan and State budget in 2022 and the first months of 2023.
Hanoi (VNA) – The National Assembly (NA)will spend the whole day of May 31 – the ninth working day of its fifth session– looking into supplementary assessments of the implementation of thesocio-economic development plan and State budget in 2022 and the first monthsof 2023.
The working session will be broadcast live ontelevision and radio channels.
According to the Government report submitted to the NA, Vietnam fulfilled13 out of 15 targets in 2022, with GDP growth of 8.02% (the initial reported figure was 8%), GDP per capita of 4,109USD (the initial figure was 4,075 USD), CPI growth of 3.15% (initially around 4%), and State budget collection of 1.81 quadrillion VND (77.07billion USD), 201.4 trillion VND higher than the figure reported to the legislature earlier.
The country posted export-import revenue of 371.3billion USD and ran a trade surplus of over 12.4 billion USD, also exceeding thenumbers reported earlier.
Illustrative image (Source: VNA)
Meanwhile, the GDP in the first quarter of this yearincreased by only 3.32%, lower than the 5.03% recorded in the corresponding time lastyear, and the average CPI rose 3.84% in the first four months.
In the four-month period, the State budgetcollection reached some 632.5 trillion VND, equivalent to 39% of the yearlyestimate, and the trade surplus stood at 7.56 billion USD, as compared with2.25 billion USD reported in the same period last year. The disbursement ofpublic investment was also up 15 trillion VND year-on-year.
The report pointed to difficulties in production andbusiness, especially in industry, construction and small-and medium-sizedenterprises, along with slower-than expected progress in administrative reform, and bottlenecksin the corporate bond and real estate markets in terms of liquidity and capitalflow.
Besides, the roll-out of some policies undernational target programmes and the 2% interest rate subsidy package of thesocio-economic recovery and development programme remains sluggish.
The Government said it will consistently pursue thetargets of maintaining macro-economic stability, controlling inflation,spurring growth, ensuring major economic balances, stepping up the forecastwork to timely work out suitable policies, and continuing to drastically and effectively implementing the socio-economic recovery and development programme, focusing onthe growth engines of consumption, investment and export.
The Government will also intensify the building andperfection of institutions and raise the efficiency of law enforcement, andwork to complete the draft revised Land Law./.
National Assembly Chairman Vuong Dinh Hue gave a reception in Hanoi on May 26 a delegation of US Senators led by Senator Mike Crapo, during which the host hoped that their ongoing Vietnam visit will be an important milestone, contributing to deepening the ties between the two countries and parliaments.
Continuing the ongoing fifth session, the 15th National Assembly will spend a whole day on May 29 to examine the mobilisation, management and use of resources for COVID-19 prevention and control, as well as the enforcement of laws and regulations regarding grassroots health care and preventive medicine.
National Assembly (NA) deputies will continue their ongoing fifth session on May 30 discussing important matters, including a draft Law on Electronic Transactions (revised) and a draft resolution on pilot special policies for the development of Ho Chi Minh City.
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.
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.
At a NA working session. (Photo: VNA) 
Illustrative image (Source: VNA) 
