President eases concern over socio-economic issues

President Truong Tan Sang met constituents in Ho Chi Minh City’s districts 1 and 3, easing their concern over a number of socio-economic issues.

At the meeting (Source: VNA)

He admitted that there remains graft practices, especially wrongdoings in asset declaration made by officials, and asked each constituent to alert negative phenomena to relevant authorities.

The President agreed with a proposal to make necessary changes to State supervision regulations after mentioning a halt to the construction of a resort in the central province of Thua Thien-Hue , which sparked public outcry over its defence-sensitive position.

About shortcomings in judicial activities, he said the law stipulates the responsibility of each judicial official and prosecution unit, and reforms are underway so as to ensure legitimate interest of each individual.
Touching on scientific innovations, he urged mechanical engineering sector to fix its weaknesses and catch up with the region and the world.

Cooperatives form a key part of the State economy, but still need an injection of revitalisation and reorganisation to match their potential, he said.

As the ASEAN economic community - a common market for region-wide business players is to take shape in late 2015, the leader urged the whole nation to focus efforts on integration into the community.
Understanding their worry over public and bad debts, he assured them that the last knot to be untangled is to resell collaterals to credit organisations.

In order to create a business-friendly environment and improve workforce quality, continued focus will be given on restructuring the economy, with moving from broad economic development to in-depth economic development.

Earlier, constituents spoke highly of the outcomes of the National Assembly’s eighth session. Several opinions suggested overhauling the procedures for selecting and electing candidates for NA deputies and increasing the number of full-time deputies.

They also asked for drastic efforts to reduce the budget deficit and raise production productivity.

Source:VNA

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