Positive signs on economy as NA meets

May 15th at 09:58
15-05-2013 09:58:15+07:00

Positive signs on economy as NA meets

The economy showed positive signs in the first quarter of this year, the National Assembly (NA) Standing Committee was told yesterday. It was also told that GDP growth hit 4.89 per cent, up from 4.75 percent in the same period last year.

 

After increasing for seven consecutive months, the consumer price index (CPI) in March decreased 0.19 percent over the previous month and it rose slightly at 0.02 percent in April, the lowest rise for the period in four years.

The report was made when the Standing Committee convened its 18th session in Ha Noi yesterday under the chair of NA Chairman Nguyen Sinh Hung.

During the session, delegates will discuss preparations for the fifth sitting of the 13th National Assembly.

Addressing the session, Hung asked committee members to focus on evaluating the socio-economic situation and State budget this year, while seeking breakthrough measures for socio-economic tasks.

He suggested deputies continue reviewing the agenda for the fifth sitting of the NA, especially draft amendments to the 1992 Constitution and the draft revised Land Law.

He asked deputies to continue giving opinions on the draft amendments to the 1992 Constitution, focusing on people's rights to know. Besides, NA Standing Committee members should discuss several laws to be submitted to the NA.

The NA chairman said there was a need to conduct votes of confidence on persons holding positions elected or approved by the NA or People's Councils before the NA's fifth sitting. He described the work as a significant activity to realise NA's supreme supervisory rights.

The session went through several reports, including the Government's supplementary reports on the results of the implementation of the socio-economic development plan and State budget in 2012 as well as the first months of this year.

The NA Committee also discussed the report on the implementation of budget estimates in 2013 as well as evaluation reports of NA agencies on the issue.

vietnamnews



NEWS SAME CATEGORY

Tho Trang oil rig ahead of schedule

Vietsovpetro, a joint Vietnamese-Russian enterprise for oil and gas exploration, aims to complete the installation of the Tho Trang 01 (White Rabbit 01) oil rig at...

Vinamilk named as Viet Nam's favourite brand

Vinamilk, the leading local dairy company, is the most popular fast-moving consumer goods (FMCG) brand in Viet Nam, although Coca Cola still dominates the global...

Pepper producers must spice up products

For six years, Vietnamese pepper has held about 50 per cent of global market share, but pepper products still fail to meet their potential, said Do Ha Nam, chairman...

Hai Duong's IZs absorb $3 billion

Industrial zones (IZs) in the northern province of Hai Duong have attracted 163 projects from 30 countries and territories, with capital totaling US$3 billion.

Food processors spend big money on marketing and distribution network

Food processors tend to spend more money on marketing and the distribution networks.

Vietnamese businessmen repent of cooperation with foreign investors

The high hope Vietnamese businessmen once put on the cooperation deals with foreign partners has become the disappointment, because the cooperation has not brought...

Agricultural brokerage firm begins operations

Chief Cambodia Holding, a Hong Kong-based brokerage firm, started its operations in Phnom Penh yesterday. The company aims to strengthen Cambodian agricultural...

VN mulls allowing int’l investors to operate airports

The Civil Aviation Administration of Vietnam (CAAV) has called on the Ministry of Transport to classify the country’s current airports and allow foreign investors...

Can Tho seeks bids for port complex

Can Tho People’s Committee is calling on investors to help develop an international port complex and logistics project on 110 hectares at the Hung Phu I Industrial...

UK player eyes power

Graham Bell and Associates Limited is eager to invest in Kien Luong thermal power and port complex, one of the largest energy projects in Vietnam.


MOST READ


Back To Top