NA deputies debate supplements to 2025 socio-economic development plan

The national GDP growth in 2025 must reach at least 8% to lay a solid stepping stone for double-digit growth sustained for a long enough period of time, starting in 2026, according to the Government's proposal.

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National Assembly (NA) deputies listen to a proposal on specific mechanisms and policies for investing in the Ninh Thuan nuclear power project. Photo: Lam Hien

Legislators are scheduled to discuss in group a supplementary plan for socio-economic development in 2025, which aims for a growth rate of at least 8%, at the ongoing 9th extraordinary session on February 14.

During their morning sitting, National Assembly (NA) deputies are set to listen to a proposal on specific mechanisms and policies for investing in the Ninh Thuan nuclear power project, along with a verification report on this issue.

Later, they will hold a discussion about the draft revised Law on Organisation of the Government.

In the afternoon, they will look into a draft NA resolution regulating the settlement of some issues related to the state apparatus restructuring.

NA deputies will also join group discussions on a supplementary plan for socio-economic development in 2025, the investment policy for the Lao Cai - Hanoi - Hai Phong railway project, as well as a draft NA resolution for piloting some specific and special mechanisms and policies to develop urban rail networks in Hanoi and Ho Chi Minh City.

According to the Government’s proposal, 2025 is a pivotal year as it is the final year for implementing the 2021-2025 socio-economic development plan, and also the time for acceleration and breakthrough to reach the targets set for the period. It is also a key year for holding all-level Party congresses and preparing a strong foundation to successfully implement the ten-year strategy 2021-2030, marking Vietnam’s entry into a new era of development.

Therefore, the national GDP growth in 2025 must reach at least 8% to lay a solid stepping stone for double-digit growth sustained for a long enough period of time, starting in 2026.

The NA Economic Committee's verification report said that the proposal to raise the 2025 economic growth target reflects the Government's determination and efforts to successfully achieve the socio-economic development targets for the 2021-2025 period./.

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Cabinet members deliberate on seven draft laws
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Cabinet members deliberate on seven draft laws

Deputy Prime Minister Le Thanh Long underscored the importance of these draft laws, highlighting their roles in enhancing judicial cooperation in criminal matters, facilitating the extradition and the effective transfer of sentenced persons, while also improving swift and effective response to emergency situations.

Politburo, Secretariat's conclusion on tasks for political system streamlining in 2025
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Politburo, Secretariat's conclusion on tasks for political system streamlining in 2025

The Politburo directed the Party Central Committee’s Organisation Commission to continue working closely with Party committees and affiliated Party bodies to tackle obstacles arising during the implementation phase, ensuring strict adherence to the 13th-term Politburo’s Directive on the organisation of Party congresses at all levels in the lead-up to the 14th National Party Congress and the Politburo’s conclusion on adjustments to the Directive.

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Speaking at the closing ceremony, NA Chairman Man stated that the session, which lasted six and a half days, adopted multiple laws and resolutions aimed at reorganising the state apparatus and accelerating socio-economic development.

Resolution adjusting 2025 socio-economic development plan adopted
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Resolution adjusting 2025 socio-economic development plan adopted

Under the resolution, the legislative body decided to adjust some key targets. Accordingly, the gross domestic product (GDP) growth rate is set to reach 8% or higher, with the GDP scale this year expected to exceed 500 billion USD. The GDP per capita is projected to surpass 5,000 USD, and the average consumer price index (CPI) growth rate is targeted to be around 4.5 - 5%.

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NA greenlights investment policy of Lao Cai – Hanoi – Hai Phong rail project

According to the resolution, the construction of a modern and harmonious railway aims to meet the transport demand between Vietnam and China. The initiative is expected to serve as a catalyst for rapid and sustainable economic development along the Lao Cai-Hanoi-Hai Phong economic corridor while strengthening national defence and security and promoting the industrialisation and modernisation, contributing to delivering on the targets and missions set at the documents of the 13th National Party Congress and the Party’s resolutions.

NA deputies to approve several resolutions, laws on February 19
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NA deputies to approve several resolutions, laws on February 19

The deputies will pass a resolution addressing issues related to the streamlining of the political system’s organisational apparatus, a resolution on supplementation to the 2025 socio-economic development plan with a growth target of at least 8%, and another on pilot policies to remove barriers in science-technology research and innovation activities.

Revised law on organisation of Government set to be adopted on Feb.18
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The draft law clarifies the cabinet's duties along several key dimensions such as submitting fundamental and critical matters to the NA for decision, presenting issues within the NA Standing Committee's jurisdiction for resolution, proposing amnesty decisions to the President in accordance with the regulations, and executing responsibilities within the Government's authority.

Legislators look into investment mechanisms for Ninh Thuan nuclear power project
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Legislators look into investment mechanisms for Ninh Thuan nuclear power project

The Government's proposal states that the Ninh Thuan nuclear power project is of exceptional importance, involving advanced technologies possessed by only a few countries. With its high investment capital amount and being the first of its kind in Vietnam, the project necessitates special and strong mechanisms and policies to accelerate the progress and shorten the implementation time.

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The top legislator stated that trade unions at all levels, along with union officials, members, and workers - especially those who are also Party members - must promote their pioneering role, set examples, and enhance their political mettle, professional qualifications, vocational skills, industrial style, and work discipline to contribute more to the country’s rapid and sustainable development.

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Speaking at a group discussion on the draft Law on the Government Organisation (revised), the draft Law on the Organisation of Local Government, and a draft resolution addressing a number of issues related to State apparatus restructuring as part of the National Assembly’s 9th extraordinary session on February 13, the Party chief said that the policy is something the people have long awaited.