(VOVworld) – Prime Minister Nguyen Xuan Phuc clarified issues of voters’ concern relating to macro-economics, apparatus, anti-corruption, and global integration at Thursday’s National Assembly hearing.
Prime Minister Nguyen Xuan Phuc questioned by National Assembly |
Prime Minister Phuc said the socio-economic development targets just approved by the NA are high, considering that Vietnam is currently facing many difficulties, but he pledged to do this utmost to achieve the target, adding that several measures will be outlined focusing on investment resources, consumers, and increased exports. He said priority will also be given to improving the investment environment to hasten economic restructuring.
According to Mr. Phuc, “Vietnam has integrated into the global economy more fully but economic self-reliance must be given more importance to avoid depending on a single market or a single partner. Steps should be taken to develop an independent economy and exploit Vietnam’s strengths, such as organic agriculture and IT.”
PM Phuc said Vietnam will focus on settling bad debts by improving the legal framework, instituting tighter controls to avoid more bad debt, and completing a comprehensive project on bad debt settlement.
Phuc mentioned Vietnam-US relations with Donald Trump as the 45th US president: “Vietnam has good relations with both the Democratic and the Republican Party. Vietnam has promulgated 10 mechanisms of working with the US and will continue implementing them. The Vietnamese Party and government are working to multi-lateralize and diversify Vietnam’s international relations. Vietnam is ready to cooperate with the US in honoring a spirit of respecting independence, sovereignty, and territorial integrity, without harming each other. I believe that relations between Vietnam and the US will get better for our mutual benefit.”
Mr. Phuc answered queries about the future of the TPP deal: “Vietnam has prepared to join the TPP agreement. Whether the deal is adopted by the members’ parliaments or not, Vietnam will continue to integrate with other world economies, especially ASEAN.”
According to Prime Minister Phuc, cooperation within ASEAN is important and will boost investment, exports, and cooperation in education and culture.
NA Chairwoman Nguyen Thi Kim Ngan wrapped up the Q&A session: “The two and a half day Q&A session took place in a democratic and frank manner with more than 200 questions. This session expanded the debate to clarify voter concerns. Cabinet members are determined to make changes in the future.”