Investments

“Delegate Truong Trong Nghia Hopes: ‘They Say It, and Act Accordingly!'”

"With only five minutes, it’s challenging to fully express my heartfelt dedication, but I will do my best, as this is my final term," shared Delegate Trương Trọng Nghĩa (Ho Chi Minh City).

Administrator

31 October, 2025

Speaking at the National Assembly this morning, October 30th, delegate Truong Trong Nghia (Ho Chi Minh City) began with heartfelt words: “In five minutes, it’s hard to express all my heartfelt thoughts, but I’ll try, as this is my final term.”

He expressed agreement with the government’s and committees’ term reports, praising the nation’s remarkable achievements despite challenges, especially the COVID-19 pandemic and dozens of storms and tropical depressions affecting Vietnam from 2021 to 2025.

“Though there are still shortcomings and mistakes that some individuals and departments have paid for, overall, this term’s socio-economic achievements are a miracle,” Mr. Nghia emphasized.

According to him, these results stem from the focused, decisive, and agile leadership of the National Assembly and Government, along with the dedication of officials, civil servants, and especially the unity of the entire population.

The People Are the Foundation, Their Strength Like Water

Delegate Truong Trong Nghia spent considerable time thanking the Vietnamese people, from all walks of life, who together overcame the most difficult period.

“The tradition of ‘people in one country must love each other’ has helped the nation stand firm and continue to develop. Once again, this confirms the truth: the people are the foundation, their strength like water,” he said.

According to him, Vietnam’s ultimate goal is to become a developed nation by 2045, or even earlier, if it can surpass its own limits.

However, the concept of “development” should not be limited to per capita income figures of $15,000, $20,000, or $25,000, but must encompass comprehensive development in humanity, culture, society, and ethics.

National Assembly Delegate Truong Trong Nghia (Ho Chi Minh City). Photo: QH

“Rapid and sustainable development is a unified entity. Growth is meaningful only when every citizen enjoys its fruits fairly, safely, and humanely. No one is left behind, and the future of the next generation is not compromised for short-term gains,” Mr. Nghia quoted General Secretary To Lam, emphasizing: “The people and voters nationwide deeply agree with the General Secretary’s directive.”

According to Delegate Nghia, to achieve development goals, Vietnam must overcome numerous challenges. One notable warning is the risk of falling into the “middle-income trap,” clearly stated in reports from relevant agencies.

“To avoid the middle-income trap, the economy must grow high and stably, with strong resilience and international competitiveness,” Mr. Nghia said.

However, reality shows many concerning signs: dependence on the FDI sector; low labor productivity; limited value addition; risks in finance, banking, and real estate; lack of high-quality human resources; aging population, declining birth rates; environmental degradation; and widening wealth gaps.

“Workers’ incomes, including officials, civil servants, and public employees, remain low, even below the minimum living standard,” he pointed out.

To avoid falling behind, Mr. Nghia believes Vietnam must strongly transform its growth methods and models, moving towards a knowledge-based, digital, green, and circular economy.

“This is a task that the entire political system must focus on resolving from the start of the new term with strong institutional solutions and strict implementation of the Party’s strategic resolutions such as Resolutions 57, 59, 62, and 66,” he said.

He emphasized: “The people and businesses are waiting for the National Assembly and Government to soon issue specific, transparent, and consistent regulations and decisions, so the entire economy can quickly and strongly shift to a substantive, sustainable development model. Otherwise, we will miss the opportunity to join the group of developed nations in the new era.”

Must Invest in People

According to Delegate Truong Trong Nghia, another major challenge is the human factor, the workforce, which determines the success or failure of all policies.

He cited the report of the National Assembly’s Economic and Financial Committee, showing that decentralization and empowerment have not been accompanied by sufficient allocation of resources in personnel, finance, technology, and infrastructure. Particularly, the mindset and ideology of officials, civil servants, and public employees, especially leaders, are heavily influenced.

“I propose the National Assembly and Government make breakthrough decisions on income and benefits. Salaries of officials, civil servants, and public employees must match the average living standard of society, not leaving them as a low-income group. Only then can they work wholeheartedly, without worrying about making ends meet,” he said.

Along with raising incomes, a reasonable KPI system, clear reward and discipline mechanisms, and worthy benefit policies are needed to inspire dedication.

Simultaneously, he proposed that in the new context, training and attracting talent must be considered an urgent task.

National Assembly Delegate Truong Trong Nghia (Ho Chi Minh City). Photo: QH

“Appointment and leadership planning at all levels must be based on scientific, objective, and transparent criteria, with clear challenge and screening mechanisms: ‘up or down, in or out,’” he said, recalling the historical lesson when President Ho Chi Minh once utilized scholars and intellectuals from the old regime, who later contributed worthily to the nation, though not in any “plan.”

“After over 50 years of peace, there’s no reason we can’t relearn that precious lesson from Uncle Ho,” he emphasized.

Concluding his speech, Delegate Truong Trong Nghia pointed out a long-standing “illness”: the gap between resolutions and reality, between words and actions.

He quoted President Ho Chi Minh: “One policy, ten measures, twenty determinations,” and believed that implementation is not just the task of the administrative apparatus but the responsibility of the entire political system, of each official, civil servant, and public employee.

“We have many correct resolutions and policies, but only when they are transformed into concrete results, bringing practical benefits to the people, will the words of the Party and State truly carry weight,” he said.

And he concluded with a simple yet powerful wish: “Then, the people and voters will say with trust and affection: ‘They said it, and they did it!’”

Trong Phu

– 09:27 30/10/2025