The 15th National Assembly (NA) is spending the entire day on July 25, on discussing the implementation of the socio-economic development and State budget plans during the first six months, solutions for task performance in the year’s latter half, and the development plan for 2021 - 2025.
Legislators at the plenary sitting on July 25 (Photo: VNA) – The 15th National Assembly
(NA) is spending the entire day on July 25, on discussing the implementation of
the socio-economic development and State budget plans during the first six
months, solutions for task performance in the year’s latter half, and the
development plan for 2021 - 2025.
The plenary discussion, part of the 15th parliament’s first session, is broadcast live on radio and television.
Earlier, Deputy Prime Minister Pham Binh Minh reported on the
socio-economic and State budget situations in the first half of 2021, noting
that the economic growth of 5.64 percent during the period was relatively high
compared to other countries, many localities hit by the COVID-19 pandemic still
posted growth, the macro-economy stayed stable, inflation was kept low, while
the major balances of the economy, the monetary market, credit, exchange rates,
and interest rates were also stable.
For
the remaining months of 2021, the Government is determined to keep
macro-economic stability, guarantee the major balances, closely coordinate
fiscal and monetary policies with other policies, facilitate production and business
activities, and support economic recovery.
It
will also continue working to control inflation, ensure reasonable credit
growth, and eliminate unnecessary expenses, he said, stressing that the
Government is resolved to realise the “twin targets”, but the current priority
is containing COVID-19 so as to promote production and business and achieve the
set targets at the highest possible level.
Meanwhile, the proposed socio-economic development
plan for 2021 - 2025 features the overall goal of securing fast and sustainable
economic growth on the basis of enhancing sustainable macro-economic stability,
developing science - technology and innovation, and fully optimising the
country’s potential and advantages.
It targets a five-year growth rate higher than the average
figure of the 2016- 2020 period, and that by 2025, Vietnam will become a
developing country with modernity-oriented industry and escape from the
lower-middle income status. It also looks to improve the economy’s
productivity, quality, efficiency, and competitiveness, uniformly take
solutions to effectively address the COVID-19 pandemic’s impact, and swiftly
recovery and develop the economy.
During the discussion, Government members will also give more
information about issues mentioned by legislators.
The NA is set to vote on a resolution on the parliament’s
supervisory programme for 2022 in the afternoon./.