The National Assembly (NA) on November 28 approved a resolution on the
continued improvement of the effectiveness of the economic restructuring
in public investment, State-owned enterprises and the banking system
with a target of basically completing the work by the end of 2015.
The resolution reads that the economic restructuring, started in 2011,
has brought about initial outcomes in the three areas, resulting in
comprehensive socio-economic improvements, especially in economic
growth, job creation, poverty reduction, people’s incomes, and sci-tech
capacity.
However, the process also revealed a
number of problems in the economy regarding support industries,
competitiveness, workforce quality, investment in public and high
technology sectors, and the reorganisation of State-owned enterprises
and the banking system.
To improve the economic
restructuring’s effectiveness from now to the end of 2015, the NA asks
the Government to clarify targets, roadmaps and methods of allocating
resources and mobilising social engagement in the work.
It is
necessary to combine the restructuring and international economic
integration as well as attach industrial and service restructuring to
agricultural restructuring, the resolution says.
The
parliament also requires the Government to complete the ratification of
restructuring projects for sectors and localities in the second quarter
of 2015 at the latest, and facilitate the scientific and technological
application in production and business.
Basing on
the outcomes during 2011-2015, the Cabinet will build a economic
restructuring plan for the 2016-2020 period to be submitted to the
legislature at its 10 th session in October 2015.-VNA