Politburo member and Vice Chairman of the National Assembly Tran Thanh Man gives the opening speech of the National Assembly Standing Committee’s 33rd session. Photo: Nhan Sang/VNA

According to the report, last year’s socio-economic goals were basically achieved. In the first four months of this year, economic growth accelerated, macroeconomic stability was maintained, inflation was controlled, and major balances were guaranteed. GDP in the first quarter increased 5.66% over the same period last year, the highest in the first quarter since 2020 and higher than the Government's scenario.

From January to April, the average consumer price index (CPI) increased 3.93% over the same period. Production and business activities continued positive change. Agricultural production and export kept growth momentum.

The report said the Government will prioritize growth coupled with macroeconomic stability, controlling inflation, and ensuring major balances of the economy. It will remove difficulties, speed up key national projects; continue to effectively and substantially restructure the economy in line with growth model reform; develop the digital economy, green economy, and circular economy to create new growth drivers for the economy.

On Monday morning, full-time deputies also look at the Government's proposal on the allocation of the medium-term public investment plan from 2021 to 2025 and the 2024 capital plan for tasks and projects which use sources from increased central budget revenue 2022 and complete investment procedures.