National Assembly deputies acknowledged the determination of the Party, State and National Assembly in removing difficulties and promoting sustainable socio -economic development, but there is still much work to be done to create a solid foundation for long-term goals.

October 26, continue the program At the 8th session, the National Assembly spent the entire working day discussing in groups the socio-economic situation in 2024 and the plan orientation for 2025.
Continue to promote the development of transport infrastructure
Speaking at the discussion at Group 8, Minister of Transport, National Assembly delegate of Dien Bien delegation Nguyen Van Thang acknowledged the outstanding efforts of the Government, ministries, branches and enterprises in implementing the goals. socio-economic development
He emphasized that achieving 15/15 targets, controlling inflation well and achieving stable macroeconomic indicators are very remarkable achievements in a difficult context.
The Minister also acknowledged that although the economy is still facing difficulties, such as businesses being affected by the disruption of the global supply chain, the growth in budget revenue exceeding estimates is a bright spot.
He expressed optimism: The country is on the path of comprehensive development, bringing many expectations for a strong recovery in the coming years.

As Minister of Transport, delegate Nguyen Van Thang updated information on the project. high speed rail North-South axis. According to him, this project will be submitted to the National Assembly for consideration and approval of the investment policy, connecting Hanoi with Ho Chi Minh City via strategic railway routes such as Lang Son-Hanoi, Hanoi to Ho Chi Minh City and Ho Chi Minh City-Can Tho.
With the Lang Son-Hanoi section currently operating with the existing 1m gauge railway, in addition to the 1.435m gauge, the Government will continue to submit to the National Assembly for upgrading.
Recently, the Party and State leaders paid an official visit to China, and the leaders of the two countries discussed strengthening the connection between the two countries by investing in three railway lines: Lao Cai-Hanoi-Hai Phong; Lang Son-Hanoi and Hanoi-Hai Phong-Mong Cai.
The Ministry of Transport is responsible for implementing these three routes, including the north-south railway route Lang Son-Hanoi, which is expected to use standard gauge to carry both people and goods, with a speed of about 220km/hour.
For the 174km Ho Chi Minh City-Can Tho route, the Ministry has completed the pre-feasibility report and is in the preparation stage for submission to the National Assembly. With a total estimated cost of 19.8 billion USD (equivalent to 220 trillion VND), this railway line will operate on standard gauge, with a speed of up to 200km/h, helping to shorten the travel time from Ho Chi Minh City to the western provinces to about 1 hour.
Regarding the upgrade of the two-lane highway, delegate Thang said that the Government has recently given very strong direction during this term. Personally, the delegate assessed that the previous decision of the National Assembly and the Government to implement two lanes was reasonable, because in reality, many routes previously had low traffic volume, and after a period of development, the need for upgrading was natural.
The Ministry of Transport is upgrading 2-lane routes to 4-lane routes and some limited 4-lane routes to full and larger ones. The Ministry is currently working hard, and some routes are undergoing investment.
Minister Thang also emphasized that, along with upgrading infrastructure, there needs to be solutions to raise traffic culture awareness to reduce accidents.
He noted: Good traffic infrastructure is not enough; traffic participants' awareness also plays an important role in creating safety and civilization.
Avoid the risk of wasting national resources

Participating in the discussion, delegate Ta Thi Yen, National Assembly Delegation of Dien Bien province, emphasized: Vietnam's economy has achieved many positive results in the past year, and at the same time proposed solutions to strengthen macroeconomic stability, address challenges in digital transformation, semiconductor industry, and human resource development.
Delegates expressed their agreement with the report of the Government and the National Assembly's Economic Committee, especially appreciating the efforts to restore the economy after the Covid-19 pandemic. Many socio-economic development targets have been achieved and exceeded, affirming the right direction of the Party and State, creating a foundation for the 5-year goals (2021-2026).
Ms. Yen emphasized: The three breakthroughs in the spirit of the 13th National Congress Resolution on institutions, infrastructure and quality of human resources have had positive changes.
However, the delegate also noted that the international situation is still subject to many unpredictable fluctuations, especially regional conflicts and geopolitical competition, which could affect Vietnam's open economy. Therefore, she emphasized the importance of accurately forecasting the situation and having appropriate response plans.
The Economic Committee’s report highlighted the challenges in macroeconomic stability as the economy remains heavily dependent on exports and public investment. New growth drivers such as digital transformation, energy transition and the semiconductor industry need time to take effect.
Delegate Yen proposed continuing to assess the causes and solutions for these problems so that the economy can make a stronger breakthrough.
Referring to the low disbursement of public investment capital in many localities, the female delegate expressed concern about the risk of wasting national resources. "Having money but not being able to spend it, while this is tax money from the people and money borrowed from the Government, is a great waste," she emphasized.
Ms. Yen cited the viewpoint in the recent article "Fighting Waste" on October 16 by General Secretary To Lam on anti-waste work, emphasizing that the slow implementation of important plans such as the National Power Plan for the 2021-2030 period could cause consequences for energy security.
She pointed out that a series of renewable energy projects are still facing procedural problems and have not been put into operation, causing a great waste of social financial resources, affecting the development speed as well as the scale of the economy, and need to be properly assessed to find solutions.
Growing your business in a competitive market
In addition, delegate Yen also pointed out that the rate of businesses withdrawing from the market in the first 9 months of 2024 accounted for 89.7% compared to the total number of new and re-entering businesses. She emphasized the need for a thorough assessment of this cause, including the issue of planning and infrastructure development in the midland and mountainous regions.
From a business perspective, delegate Tran Thi Hien (Ha Nam) gave her opinion on factors affecting business activities, such as low market demand, high interest rates and increasing input material prices.

Despite the increase in the number of enterprises, Ms. Hien believes that we need to pay more attention to the quality of enterprises, instead of focusing only on quantity. She noted: "With nearly 164,000 enterprises withdrawing from the market in the first 9 months of 2024, the Government needs to have more specific support solutions."
Referring to the issue of human resource training and social insurance, delegate Hien emphasized the need to increase the rate of trained workers to meet the needs of digital transformation and high-tech industry, while promoting the responsibility of enterprises in vocational training for workers.
Delegate Hoang Van Cuong (Hanoi) said that Vietnam's economy depends heavily on FDI enterprises and foreign factors. To achieve sustainable recovery, he emphasized the need to develop solutions to increase the capacity of domestic pillar enterprises.

In addition, the strong development of cross-border e-commerce, such as foreign trading floors with cheap prices, can negatively affect domestic goods. Mr. Cuong proposed that there should be a policy to control the origin of goods and support the development of domestic e-commerce floors.
Along with that, it is necessary to consider enhancing the capacity of domestic e-commerce platforms to avoid creating conditions for foreign goods to flood in.
“Over 95% of e-commerce activities are foreign trading floors, so there needs to be a policy to develop domestic trading floors. I think that along with controlling the origin of goods, there needs to be a policy to develop domestic trading floors to develop the digital economy,” said delegate Cuong.
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