Saturday, May 26, 2012

NA deputies unimpressed by Govt economic restructure plan | Look At Vietnam

NA deputies unimpressed by Govt economic restructure plan

May 26, 2012
Several National Assembly deputies have came out against the Government’s economic restructuring plan, calling the content vague and cursory.
A realistic economic restructuring plan should be made based on the country’s current socio-economic situation, natural resources and other advantages
During a discussion held on the afternoon of May 24, the majority of NA deputies emphasised the necessity for the economic restructure plan, but were not satisfied with its content.
Nguyen Dinh Quyen, a NA deputy from Hanoi, said the plan still lacks legality and the Government had not clarified its purposes before seeking for NA approval.
“While the NA is the country’s legislative body, the institution has yet to be granted real and meaningful authority in deciding several national issues,” Quyen said.
“Any decisions on state budget spending should be made by the NA. These plans are estimated to cost thousands of billions of VND and should obviously decided by the NA, which represents the people and not other agencies,” he added.
According to him, the plan’s content was cursorily prepared and failed to estimate impacts on the business community, society and people’s lives, as its implementation could lead to the bankruptcy of a number of enterprises as well as the amendment of several laws.
“Efforts should be made to consider the pros and cons of a plan as important as this. If the NA is compelled to make a decision on the plan, I will dissent,” he shared.
Another NA deputy, Nguyen Hong Son, said, “The plan’s content is too cursory. I propose that the NA not adopt it but require the Government to achieve it by its own means.”
Deputy Tran Thi Quoc Khanh said that the current methods suggested by the plan would be inefficient. Actually, she said, the plan should be made based on eight millennium goals, the party’s latest policies and resolutions, the current laws and regulations as well as international commitments if it is to foster sustainable development.
Deputy Nguyen Ngoc Bao, from HCM City, urged more efforts to further analyse the current economic structure, which could be used as a foundation for choosing a suitable restructuring plan with due attention paid to the banking industry.
“I see the plan as simply a good suggestion, and not as a feasible strategy. A realistic economic restructuring plan should be made based on the country’s current socio-economic situation, natural resources and other advantages,” he commented.
Deputy Truong Trong Nghia said that the plan has yet to carefully assess the damages caused by corruption to the national economy or the impacts it has on society.
“In order to drive the country out of the average-income group, it will be vital to heighten the efficiency of the State administration. In our country, law enforcement is rather poor. In order to further develop, the country needs to change its model for growth and improve its legal framework,” he added.
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