Permanent Deputy Prime Minister Truong Hoa Binh took the floor at the Q&A session of the 14th National Assembly’s ongoing third session in Hanoi on June 15. 

Permanent Deputy Prime Minister Truong Hoa Binh

He updated NA deputies on the socio-economic performance in May and the first five months.

He said the socio-economic performance in May continued to stay positive with consumer price index down 0.53 percent from April and up 0.37 percent from December 2016. Almost all economic sectors kept growing. 

However, the industrial production index in the first five months of this year rose by 5.7 percent, lower than 7.4 percent recorded in 2016. The total sale of retail and consumption services increased by 7.4 percent and trade deficit topped 2.7 billion USD. 

“The government is consistent in not achieving growth at all costs,” he stated, adding that growth must be in tandem with the macroeconomic stability, ensuring quality and sustainable development. 

About measures to ensure economic growth goals, the Prime Minister issued Instruction No.24/CT-TTG on major tasks and measures to promote growth of economic sectors. The government will also work harder to restructure credit organisations and State-owned enterprises, deal with bad debts while strengthening natural resources management and environment protection, he said. 

During the Q&A session from June 13-15, lawmakers sent 114 questions to the Cabinet members, who were asked by the PM to answer in written documents, he noted.

The government seriously acquires feedback of National Assembly deputies, constituents and people nationwide, continues building on the past achievements and exerting the best efforts to successful implement the NA’s Resolution. 

After delivering reports, Binh answers legislators’ questions regarding issues of public concern, including the coordination between ministries, sectors and localities, traffic congestions in Hanoi and solutions, solutions to loss-making projects, and trade deficit.

VNA