NA scrutinise reports on socio-economic performance
Lawmakers spent the entire May 25 and the morning of May 26 to scrutinise the Government’s reports on socio-economic and State budget performance in 2017 and the first months of 2018.
An overview of the National Assembly(Photo: VNA)
Hanoi, (VNA) – Lawmakers spent the entire May 25 andthe morning of May 26 to scrutinise the Government’s reports on socio-economicand State budget performance in 2017 and the first months of 2018 during the on-going5th session of the 14th National Assembly.
The NA deputies shared the assessment that the economicpanorama in 2017 and early 2018 is bright with impressive indicators, includinga GDP growth of 6.81 percent and 12 out of 13 socio-economic targets met orsurpassed. The GDP continued to maintain a high growth rate in the firstquarter this year with a decade-high of 7.38 percent.
They also took note of the stable expansion industrialproduction and good growth in the indicators on finance, monetary, developmentinvestment, services, tourism and import-export.
Many deputies hailed the Government’s efforts that helpedraise the country’s position in world rankings on business environment,competitiveness and innovation, saying that the outcomes strengthen voters andthe people’s trust.
The deputies also pointed out shortcomings and outstandingproblems and proposed recommendations on how to address them for sustainabledevelopment.
In the afternoon of May 26, the NA listened to a draftresolution on addressing several arising issues in State budget execution in2017 and State budget estimates in 2018.
The NA’s Committee for Financial and Budgetary Affairs alsopresented its report evaluating the draft resolution.
Following the presentation, lawmakers would discuss thedraft resolution and the evaluation report. -VNA
VNA
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Deputy Minister of Foreign Affairs Le Thi Thu Hang called for deeper and more substantive implementation of the Vietnam – Netherlands Comprehensive Partnership and their sectoral strategic partnerships.
Analyst Collins Chong Yew Keat said the visits to Thailand, Singapore and the Philippines have contributed to ASEAN peace, stability and development in many ways.
The following is a list of selected news summaries reported last night by the Vietnam News Agency.
The visits also took place at a time when the Philippines is serving as ASEAN Chair in 2026, Singapore is preparing to assume the ASEAN Chairmanship in 2027, and Vietnam is set to host the APEC Economic Leaders’ Meeting in 2027.
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The two sides shared the view that both sides should strengthen cooperation to translate high-level common understandings into practical outcomes. Cooperation, they agreed, should focus on two key pillars: theory research and the training and capacity building of officials.
Participants reviewed rental housing demand in each area, considering different market segments and target groups. They also examined the gap between supply and demand, and pinpointed issues in policy frameworks.
PM Le Minh Hung stressed that Hai Phong should become a national pioneer in implementing a new growth model driven by science – technology, innovation and digital transformation.
General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam, his spouse, and a high-ranking Vietnamese delegation left Manila on June 1, concluding their two-day state visit to the Philippines at the invitation of Philippine President Ferdinand Romualdez Marcos Jr. and his spouse.
The Vietnamese leader urged the two sides to further promote two-way investment in highly complementary and long-term value-adding sectors, such as modern agriculture, food processing, clean energy, logistics, supporting industries, digital economy, and innovation.
The following is a brief review of the day’s events as reported by the Vietnam News Agency.
Party General Secretary and State President To Lam reaffirmed and emphasised the central role played by ASEAN, stating clearly that Vietnam regards ASEAN as the most important strategic space, and that the Asia-Pacific regional security architecture should be led by ASEAN rather than becoming an arena for rivalry among major powers.
Vietnam’s presence at the 23rd Shangri-la Dialogue met the international community’s expectations for balanced, constructive and bridge-building contributions from a country that consistently pursues a non-aligned foreign policy.
Vietnam always values and wishes to further deepen its friendly neighbourly relations with the Philippines in all areas on the basis of a shared commitment to peace, stability and respect for international law, affirmed General Secretary of the Communist Party of Vietnam (CPV) Central Committee and State President To Lam.
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Vietnam has an opportunity to further entrench its leadership position within ASEAN, collaborate with like-minded partners, and demonstrate that Hanoi is, and will continue to be, a friend, a reliable partner, and an active and responsible member of the international community, said Professor Carl Thayer from the Australian Defence Force Academy at the University of New South Wales.
The trip marks the Vietnamese leader’s first visit to the Philippines as Party General Secretary and State President. It takes place as the two countries are preparing to celebrate the 50th anniversary of diplomatic relations and as the Philippines assumes the ASEAN Chairmanship in 2026.
An overview of the National Assembly(Photo: VNA)