Many NA deputies say the master-plan should clarify national and social resources and the distributions of the funding

(VOVworld) – On Friday, National Assembly deputies discussed the national restructuring master-plan which is attracting public concern.

According to a National Assembly resolution issued last November, the Government was assigned to complete the master-plan on economic restructuring in combination with growth model renovation toward improving the quality, efficiency, and competitiveness of the economy. The project aims to ensure positive economic growth, contribute to stabilizing the macro-economy, and settle social welfare issues. Under the plan, priorities will be given to restructuring investment, especially public investment, the financial market with focus on commercial banks and financial institutions, state-owned enterprises which center on economic groups and corporations.

Deputies agreed on the need to carry out this master-plan, particularly its orientations, and measures for restructuring.  To Van Tam, a NA deputy from the central highlands province of Kon Tum, says ‘The 11^th National Party Congress has identified fast but sustainable development as a standard throughout the socio-economic development strategy until 2020. But in terms of the master-plan’s guidance for restructuring the economy, a realistic growth rate is considered key. I propose the Government reconsider the issue and supplement a target in the master-plan that makes people central to the Party’s strategic goal for development’.

Nguyen Ngoc Hoa, a representative from Ho Chi Minh City has this to say ‘I propose to clarify what are national and social resources and how are they distributed with a focus on how to optimize and mobilize the strengthen of society. Criteria to measure the efficiency of the national economic restructuring process need to be set in place. Finally, the master-plan should also clarify and complete legal documents that serve the restructuring’. 

Some deputies worried that the set target of GDP growth rate of 7 to 8% per year until 2020 was unrealistic in the current economic climate. Many suggested the Government and State should incorporate agriculture, tourism and marine economic development in line with national defense and security.