Economic issues dominate session of Vietnam’s Parliament

Economic issues dominate session of Vietnam’s Parliament
Economic issues dominate session of Vietnam’s Parliament

The discussions will revolve around the report presented to the Legislature by Deputy Prime Minister Le Minh Khai on the first day of work, last Monday, and according to which the socioeconomic situation of the country at the end of 2023 continued to recover and each month was more positive than the previous one, achieving important results in several sectors.

In this regard, Minh Khai pointed out that the growth rate of the Gross Domestic Product (GDP) was 5.05 percent, lower than the established objective, but at a high level compared to the rest of the world and the region.

The scale of the economy reached 430 billion dollars, with which Vietnam entered the group of upper-middle-class countries, inflation was controlled, and the consumer price index increased by an average of 3.25 percent. he pointed.

On the other hand, he said, the monetary and external markets are basically stable, interest rates decreased and budget revenues exceeded the expected figure by more than eight percent, meeting the needs of socioeconomic development, defense and national security, social security and other urgent tasks.

In relation to the first months of 2024, the deputy head of Government confirmed that GDP growth in the first quarter was 5.66 percent, the highest in the 2020-2023 period, and this was the result of a great effort in a context in which the economy faces many difficulties.

Today, Vietnamese legislators will also debate the practice of savings and the fight against waste and the fulfillment of national objectives on gender equality.

Regarding this last point, the head of the Social Affairs Commission of the National Assembly, Nguyen Thuy An, presented a verification report yesterday in which she highlighted that Vietnam’s gender equality index in 2023 increased 15 places compared to 2021, passing to occupy number 72 among 146 countries.

The gender gap between men and women has been reduced in various fields, he said and specified that the proportion of female deputies in the 15th legislature reached 30.26 percent, while female representation in the Popular Councils for 2021-2026 increased in the three levels: province, district and commune.

However, Thuy An indicated, the participation of women in politics still does not correspond to their level and capacity, which is why the rate set in a Resolution issued in April 2007 by the Political Bureau of the Communist Party on the women’s work in the period of industrialization and modernization of the country.

In its session the day before, the Vietnamese Parliament elected General To Lam, who had been serving as Minister of Public Security, as president of the nation, and Colonel General Tran Quoc To was appointed to replace the latter as head of said portfolio.

jf/mpm

 
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