National Assembly Chairwomen Nguyen Thi Kim Ngan emphasised that the session would consider and make decisions on several important socio-economic issues, including the state budget estimates and plan for 2017, and the five-year economic restructuring plan and public investment plan.
Prior to the opening ceremony, party and state leaders and National Assembly deputies each donated a minimum of one day's wages to help flood victims in the central region. In her speech opening, the top legislator shared the sympathy with the central region, which has just been devastated by floods.
"The NA sympathises with the losses suffered by people in the central region and appreciates the strong leadership of the government as well as the efforts of party organisations, administrations, armed forces and communities in affected localities in responding to the natural disaster", National Assembly Chairwomen Nguyen Thi Kim Ngan said.
She also noted that Vietnam has achieved important outcomes in carrying out the year's socio-economic development plan, the five-year development plan for 2016-2020. The national economy saw a fair growth rate, lower than the set target but higher than that in the region and the world. Yet, in light of many difficulties Vietnam is facing, especially environmental incidents recently, she called for further concerted efforts.
"In such context, we need to take drastic measures to restructure the national economy, shift the growth model, control public debt, settle bad debts, restructure the state budget as well as the banking system, improve the business and investment environment towards the goal of stabilising macro-economy, sustaining a reasonable growth rate and ensuring social security", Nguyen Thi Kim Ngan said.
The National Assembly leader underlined the key issues to be considered at the second session, especially including commenting 12 other bills, including important laws regulating fields of great public interest.