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12th NA concludes its eighth session in Hanoi

In Uncategorized on November 26, 2010 at 1:49 pm




12th NA concludes its eighth session in Hanoi


QĐND – Friday, November 26, 2010, 20:44 (GMT+7)

After a full month of intensive work with a democratic spirit of renewal and a high sense of responsibility, the 12th National Assembly (NA) closed its eighth session in Hanoi on November 26.  


At this session, NA members reviewed the implementation of the socio-economic development plan and the State budget for 2010, worked out a new plan for socio-economic development and the State budget for next year, carried out law making and supervisory programmes, and made decisions on important national issues.


In his closing speech, NA Chairman Nguyen Phu Trong said the NA agreed that this year, the entire Party, people and soldiers spared no efforts to overcome every difficulty and challenge in order to fulfill the targets of socio-economic development. Most of the set targets have been reached and the national economy has recovered from recession and posted a relatively high growth rate. The State budget’s revenues have increased while social welfare continue to see improvements.


However, NA deputies admitted some weaknesses and limitations such as unsustainable growth, slow economic restructuring, poor competitiveness, high trade deficit, high budget overspending and public debts, and low investment efficiency.


In addition, inflation controls have proved ineffective. The price of essential goods is not yet under control and the gold market and the foreign exchange rates still face instabilities.


Regarding the 2011 plan for socio-economic development, NA deputies underlined the need to stabilise the economy, control inflation along with renewing the growth model and restructuring the economy, attain a higher economic growth rate than 2010, and increase the quality, efficiency and competitiveness of the national economy.


It is essential to ensure social welfare, improve people’s living standards, maintain political stability, national defense and security, and increase the efficiency of foreign affairs- related work and international integration.


The NA approved 9 draft laws and one resolution, including the Environmental Protection Tax Law, the Consumer Rights Protection Law, the Minerals Law (revised), Amendments and Supplements to some Articles in the Securities Law, the Insurance Business Law, the Law on the Election of NA and People’s Council members and a resolution on tax policy for agricultural land use.


They also held debates on 9 other draft laws, including the Independent Auditing Law, the Capital Law, the Complaints & Denunciations Law, the Measurement Law, the Anti- Human Trafficking Law, the Archives Law, the Cooperative Law (revised), and Amendments and Supplements to some Articles of the Civil Procedure Code.


The NA questioned four ministers with the participation of two deputy ministers and six other ministers who also explained related issues. The Prime Minister also directly answered queries raised by NA deputies and clarified a number of major issues relating to the government’s management and guidance.


The NA’s question and answer sessions focused on key issues of great concern to NA members and voters such as price fluctuations, the trade deficit, management and operational efficiency of groups and State corporations (the Vietnam Shipbuilding Industry Group known as Vinashin is for example),  power supplies and safety, and the efficiency of a bauxite project in the central highlands.


Q&A sections continued to be improved, obtain practical results and were conducted in a frank, open, and constructive manner. Many NA members admitted their sectors’ weaknesses and limitations and clarified their individual responsibility.


In conclusion, NA Chairman Trong said the eighth session discussed many important issues with heart-felt opinions from NA deputies and thorough preparations of the NA and relevant agencies.


Before the closing ceremony, the NA voted for the approval of a resolution on the Dung Quat refinery project. By a 90.26 percent vote, the NA adopted a resolution on the implementation of administrative procedures relating to citizens and businesses under an overall administrative reform programme in the 2001-2010 period.


Source: VOV


Source: QDND

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