(VOVworld)- The National Assembly’s Standing Committee convened its 42^nd session in Hanoi on Monday to discuss the government report on the implementation of this year’s socio-economic development tasks and plan for next year.

According to the reports, Vietnam’s economy is recovering quickly this year with a GDP growth rate of 6.5% over the last nine months, the highest rate in 4 years. Vietnam’s inflation is under control and its exports are growing. The import surplus in the last nine months was 3.9 billion USD, accounting for 3.2% of total exports. Budget collection, especially from domestic resources has increased over the same period last year. Social security and social welfare services have been improved. With its achievements so far this year, the government expects to surpass 13 out of the 14 socio-economic development targets set for this year.