NA deputies discuss Vietnam’s socio-economic development in 2012

(VOVworld) – National Assembly deputies on Thursday discussed a report on Vietnam’s socio-economic development in 2012 and in the first months of 2013 at the ongoing 5th session of the 13th National Assembly.

NA deputies discuss Vietnam’s socio-economic development in 2012 - ảnh 1
The session was broadcast live nationwide. The deputies agreed that Vietnam’s economy is currently seeing more progress than in 2012, with inflation having been controlled. This is a favorable time to take more drastic steps toward mid-term targets. The deputies agreed with six groups of Government measures but said they are not effective enough to revive the economy. Deputy Tran Du Lich from Ho Chi Minh city said: "In the remaining years of the five-year plan, it is necessary to work out mid-term targets to revive economic growth with a focus on controlling inflation to reduce the CPI growth rate to 6.5 or 7 percent in 2013, 2014 and 2015 and to less than 5 percent in the following period. That move will create a basis for combining monetary policy, public expense policy, and an itinerary for adjusting service prices. It is essential to combine monetary policy and public expense policy so that the total social investment can reach 30 to 32 percent of GDP in 3 years. Regarding fiscal policy, the ceiling overspending rate of the State budget can be raised to over 4.8 percent of GDP. Moreover, the State Bank of Vietnam should be more flexible in its credit policy".

Some deputies agreed that there are still economic problems and that the Government needs to assess hospital overloading and unorganized private teaching. Regarding employment, Le Dac Lam, a deputy from Binh Thuan province, said: "Employment is the most worrisome issue of our society and is one of the country’s most important socio-economic targets. Unemployment is increasing and there is inadequate coordination between training and employment. Vocational training in rural areas also needs to be adjusted to prevent duplication. The Government needs to take specific steps to solve this issue. Vocational training should meet the needs of the people and enterprises". 

In the morning’s session, the deputies asked the Government to support fishermen and assure food safety and hygiene. 

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