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Legislator puts forth solutions to socio-economic development issues

Lawmakers proposed solutions to promote socio-economic development in the 2021-2025 period during the 10th sitting of the 14th National Assembly (NA) in Hanoi on November 3.
Legislator puts forth solutions to socio-economic development issues ảnh 1Deputy Truong Trong Nghia from Ho Chi Minh City  (Photo: VNA)

Hanoi (VNA) – Lawmakers proposed solutionsto promote socio-economic development in the 2021-2025 period during the 10th sitting of the 14th National Assembly (NA)in Hanoi on November 3.

Deputy Truong Trong Nghia from Ho Chi Minh City emphasised that the next fiveyears plays a decisive role in the nation’s roadmap to escape themiddle-income trap.

He said to reach development targets, a series of growth problems must besolved, focusing on budget and finance, sovereignty and security safeguarding, buildinga rule of law state, ensuring human rights and action plans to build feasibleprojects.

It is impossible to build goals in the old ways, Nghia stressed, adding that themechanism and implementation methods must be also changed.

He underlined the importance to promote rapid, sustainable and self-reliant development,saying that Vietnam needs to learn from other countries' experience and applythem in accordance with the reality in the country.

If tourism does not recover, aviation and a series of other economic sectorsare also at risk of collapse, the legislator said.

Vietnam cannot set export growth targets in the old way, because purchasingpower and consumption patterns of major markets have changed, policies must bein place to effectively exploit the domestic market of 100 million people, hewent on.

Regarding budget and finance, Nghia said that the core of the budget issue isrevenue generation, revenue and expenditure control, efficient use of loans andensuring ability to repay debts.

He also underlined the urgency of ensuring social security over the next fiveyears, saying that the development plan could go bankrupt if there is asecurity crisis, while asking the Government to outline specific solutions tothe problem.

The role of controlling power through the NA is very important, Nghia said,stressing that attention should be also given to ensuring people-centered policy, further upholding achievementsin judicial reform and persistently implementing advanced regulations in the2013 Constitution.

Regarding defence and security, Nghia said it is necessary to promote the applicationof advanced technologies to gradually build an elite and modern armed force./.
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