15:14 | 25/04/2015 Trade
The National Assembly (NA)’s Committee for Economic Affairs convened the 12th plenary session on April 24 to verify a supplementary report on the implementation of the 2014 socio-economic development plan and the plan for 2015.
The supplementary report by the Ministry of Planning and Investment (MPI) affirmed that most of the key targets set by the NA were achieved, except for the one on the rate of trained labourers.
Macro-economy was kept stable with inflation kept under control and low growth in consumer price index. The GDP grew at a three-year high rate of 5.98 percent that surpassed the set target, and trade surplus was gained for the third straight year, the ministry said.
In the first quarter of 2015, the GDP growth rate was at 6.03 percent – the fastest pace for the period since 2011. The number of new businesses rose by 3.8 percent with registered capital climbing 13.5 percent from a year earlier, the MPI reported.
The ministry proposed 11 key measures to promote socio-economic performance this year, including continuing to improve the business climate, accelerating State-owned enterprise (SOE) restructuring and equitisation, stabilising macro-economy, developing human resources, and stepping up the research and application of science-technology in production and business activities.
At the plenary session, members of the Committee spoke highly of the realisation of the set targets, noting that such achievements were thanks to both internal efforts and global factors.
They agreed with the proposed 11 key measures while asking ministries and Government agencies to quickly issue documents guiding the implementation of the revised Law on Enterprises, the revised Law on Investment, and the Law on Public Investment, ultimately optimising the economy’s competitiveness.
Many urged NA agencies to strictly supervise the making of regulations on investment and business conditions and issue a law or a resolution on SOE privatisation to raise State agencies’ sense of responsibility regarding this matter.
Source VOV News