Policies for rapid, sustainable socio-economic development

The 8th session of the 14th National Assembly concluded on Wednesday Deputies discussed and adopted 11 laws resolutions and major policies for national socio economic development
policies for rapid sustainable socio economic development

Policies adopted at the National Assembly’s year-end session show the determination and consensus of the political system at all levels to fulfill socio-economic goals.

Promoting the economy and caring for people’s lives

The National Assembly passed reports on the implementation of socio-economic tasks in 2019 and a plan for next year. The deputies approved a resolution on the Socio-economic Development Plan for 2020, targeting 6.8% GDP growth and setting goals and solutions for rapid, sustainable development and improving people’s lives.

Mai Phuong Hoa, a deputy for Nam Dinh province, said, “As usual, the Assembly’s year-end meeting examines socio-economic situation reports. The annual report on the socio-economic situation reviewed what has been done and started what needs to be done next year. The deputies discussed key issues and made practical recommendations.”

The National Assembly endorsed the Master Plan for Socio-economic Development in Ethnic Minority and Mountainous Areas for 2021-2030. The Master Plan promotes comprehensive development and sustainable use of potential to narrow development gap between regions.

National Assembly Chairwoman Nguyen Thi Kim Ngan said, “The resolution is in line with the Party’s guidelines, the Constitution, and President Ho Chi Minh’s teaching on ethnic affairs, particularly for ethnic communities in remote, mountain, and border regions, to ensure them adequate living conditions and an education equivalent to that in other regions. The National Assembly and the government have combined policies to prevent overlapping and wastefulness.”

Improving legislation

The National Assembly adopted 12 draft laws. The revised Labor Code prescribes a roadmap to increasing the retirement age for men to 62 by 2028 and to 60 for women by 2035.

Minister of Labor, Invalids, and Social Affairs Dao Ngoc Dung said the new law aims to deal with an ageing population and gender equality. “The revised Labor Code defines issues which will have an impact in decades. It realizes Vietnam’s commitments under international conventions and trade agreements. We have amended laws to match domestic conditions and international integration.”

The Q&A session had 4 ministers and the Prime Minister answering deputies’ questions.

Nguyen Thanh Hai, Head of the National Assembly’s Committee for People’s Aspirations, said, “The deputies raised questions of public concern, fulfilling their duty to represent voters nationwide.”

Source: VOV

Related News

Vietnam"s economy to grow by 6.6% this year: OECD

Vietnam"s economy to grow by 6.6% this year: OECD

Vietnam's economy will grow by 6.6% this year and at a similar rate in 2024, according to a report released on March 31 by the Organisation for Economic Co-operation and Development (OECD).
Ensure policies to attract investment when implementing global minimum tax

Ensure policies to attract investment when implementing global minimum tax

VCN - On the afternoon of March 30, in Hanoi, the Ministry of Finance held a regular press conference in the first quarter of 2023, chaired by Deputy Minister of Finance Nguyen Duc Chi. Many issues related to the tax field were discussed and answered at the conference.
Revising Law on Corporate Income Tax: Promoting resources for socio-economic development

Revising Law on Corporate Income Tax: Promoting resources for socio-economic development

VCN - After a long time of implementation and many changes in reality, it is time to amend the Law on Corporate Income Tax (CIT) to remove difficulties for production and business activities, and open up and promote resources for economic and social development.
Binh Dinh introduces economic, trade potential to Belgian businesses

Binh Dinh introduces economic, trade potential to Belgian businesses

The central coastal province of Binh Dinh introduced its economic and investment potential to Belgian businesses at a hybrid conference in Brussels on March 24.

Latest News

Australian Governor-General wraps up State visit to Vietnam

Australian Governor-General wraps up State visit to Vietnam

Australian Governor-General David Hurley, his spouse and the Australian delegation left Ho Chi Minh City on April 6, wrapping up his State visit to Vietnam from April 3-6.
Vietnam active at UN Human Rights Council’s 52nd session

Vietnam active at UN Human Rights Council’s 52nd session

The Vietnamese delegation, led by Deputy Prime Minister Tran Luu Quang, made active contributions to the agenda of the 52nd regular session of the UN Human Rights Council (UNHRC) that concluded in Geneva on April 4.
Vietnam commits to building prosperous, fair, healthy Mekong River basin: PM

Vietnam commits to building prosperous, fair, healthy Mekong River basin: PM

Prime Minister Pham Minh Chinh affirmed Vietnam’s commitment to cooperation in building a prosperous, fair and healthy Mekong river basin while addressing the fourth Mekong River Commission (MRC) Summit in Vientiane, Laos on April 5.
Việt Nam, US hold 12th political, security, defence dialogue

Việt Nam, US hold 12th political, security, defence dialogue

They shared their determination to maintain cooperation in clearing mines and explosives, decontaminating dioxin, supporting war-affected people in Việt Nam.

More News

Private sector remains driving force for economy

Private sector remains driving force for economy

The private business sector has been an important driving force of the economy and is expected to raise GDP contribution to 55% by 2025, a top economist told the second Private Economic Forum 2023 in Hanoi on April 2.
State visit to Vietnam by Australian Governor-General to deepen the two’s goodwill, trust: expert

State visit to Vietnam by Australian Governor-General to deepen the two’s goodwill, trust: expert

The State visit to Vietnam by Australian Governor-General David Hurley at an invitation of President Vo Van Thuong will deepen the goodwill and trust for the mutual benefit of both countries, said Dr Suiwah Leung, Honourary Associate Professor at the Australian National University’s Crawford School of Public Policy.
Bright outlook for Vietnamese tourism in new situation

Bright outlook for Vietnamese tourism in new situation

Vietnam’s tourism holds a lot of potential for development, especially in the context of new favourable factors, according to an article published on the website of Lianhe Zaobao newspaper.
Vietnam, US hold 12th Political, Security, Defence Dialogue

Vietnam, US hold 12th Political, Security, Defence Dialogue

The 12th Vietnam-US Political, Security and Defence Dialogue was held in Washington D.C on March 30 under the co-chair of Vietnamese Deputy Minister of Foreign Affairs Ha Kim Ngoc and US Assistant Secretary of State for Political-Military Affairs Jessica Lewis.
Vietnam calls for comprehensive, all-society approach to waste management

Vietnam calls for comprehensive, all-society approach to waste management

Minister Counselor Le Thi Minh Thoa, Deputy Permanent Representative of Vietnam to the United Nations, has called for a comprehensive and all-society approach to sustainable waste management.
Many factors support foreign capital flow

Many factors support foreign capital flow

Many factors are expected to draw cash flow back to the stock market, especially that from foreign investors.
Foreign SMEs pour capital into Vietnam

Foreign SMEs pour capital into Vietnam

Foreign small- and medium-sized enterprises (SMEs) are paying much attention to Vietnam, given the fact that the number of under-1-million USD projects accounted for nearly 70% of the total number of foreign-invested projects registered in Vietnam in the first three months of this year.
Leaders of aviation firms to be disciplined if employees committed wrongdoings

Leaders of aviation firms to be disciplined if employees committed wrongdoings

The Civil Aviation Administration of Vietnam (CAAV) has just released Directive 1480 on enhancing smuggling and commercial fraud prevention among aviation employees.
Vietnam - Lao joint border patrol held

Vietnam - Lao joint border patrol held

Border guards in the northern province of Dien Bien and Lao province of Luang Prabang have conducted a joint patrol along the shared border.
Read More

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read
Australian Governor-General wraps up State visit to Vietnam

Australian Governor-General wraps up State visit to Vietnam

Australian Governor-General David Hurley, his spouse and the Australian delegation left Ho Chi Minh City on April 6, wrapping up his State visit to Vietnam from April 3-6.
Vietnam active at UN Human Rights Council’s 52nd session

Vietnam active at UN Human Rights Council’s 52nd session

The Vietnamese delegation, led by Deputy Prime Minister Tran Luu Quang, made active contributions to the agenda of the 52nd regular session of the UN Human Rights Council (UNHRC) that concluded in Geneva on April 4.
Vietnam commits to building prosperous, fair, healthy Mekong River basin: PM

Vietnam commits to building prosperous, fair, healthy Mekong River basin: PM

Prime Minister Pham Minh Chinh affirmed Vietnam’s commitment to cooperation in building a prosperous, fair and healthy Mekong river basin while addressing the fourth Mekong River Commission (MRC) Summit in Vientiane, Laos on April 5.
Việt Nam, US hold 12th political, security, defence dialogue

Việt Nam, US hold 12th political, security, defence dialogue

They shared their determination to maintain cooperation in clearing mines and explosives, decontaminating dioxin, supporting war-affected people in Việt Nam.
Private sector remains driving force for economy

Private sector remains driving force for economy

The private business sector has been an important driving force of the economy and is expected to raise GDP contribution to 55% by 2025, a top economist told the second Private Economic Forum 2023 in Hanoi on April 2.
Mobile Version