The 13^th National Assembly (NA) Standing Committee convened its 42^nd session in Hanoi on October 12, expected to give opinions about a national electoral council as well as the date for the NA and all-level People’s Council elections.

During the meeting, the NA Standing Committee will also scrutinise 9 bills, the implementation of the 2015 socio-economic development plan, the 2015 State budget, budget estimates and allocation for next year, the diversification of the terms of Government bonds, and the issuance of Government bonds in foreign markets.

The 13th NA Standing Committee convenes its 42nd session on October 12 (Photo: VNA)

A Government report delivered after the opening ceremony showed that the country’s socio-economic situation continued recovering in the first 9 months of 2015, with a number of encouraging outcomes and some challenges. The Cabinet has ensured sufficient macro-economic control. Numbers on economic growth, inflation, budget collection, overspending, import and export, and business have met set targets.

The Government added that in 2016 it would continue working to improve the economy while keeping economic growth stable and sustainable. It would step up economic restructuring, improve the effectiveness and competitiveness of the economy, and carry out social welfare and environmental protection objectives.

(Source: VNA)