The report said that after three years of implementation, the economic restructuring process has brought back initial achievements including macro-economic stability, controlled inflation, maintained growth rate, restructuring of the economy, and improved investment quality.

The Incremental Capital-Output Ratio (ICOR) fell from 6.7 in the 2008-2010 period to only 5.53 in the 2011-2013 period. The density of total social development investment capital and GDP per capita was 42.7% and 31.5% in the 2006-2010 period and the 2011-2013 period, respectively.

The public investment restructuring acquired positive outcomes in which some fields succeeded in mobilizing non-State investment in public projects especially in the areas of transport infrastructure with nearly VND 117 trillion; thermo-electric power and urban infrastructure. State budget was allocated to key and urgent projects.

However, according to the report, there remain some shortcomings in restructuring public investment including high rate of budget overspending, public debt payment accounting for over 25%, unattractive investment policies for the private and FDI sectors, and prolong and low-quality projects. As of June, 2014, the total debt of 18,376 fundamental construction projects valued VND 44,594 billion.

Over the last three years, 180 SOEs were restructured, of which 99 enterprises were equitized with a total value of VND 19 trillion.

In the first nine months of 2014, 92 SOEs were restructured.

A large number of equitized SOEs operated positively and efficiently.

Nevertheless, some NA deputies held that the tempo of SOEs restructuring progress was slow with regard to resource re-distribution and modern administration especially in SOEs which the State holds over 51% of charter capital. In addition, other shortcomings included the slow rate of capital withdrawal from non-core businesses and unprofitable investment which are unattractive to investors.

The banking system restructuring covered all credit institutions. The security of the banking system was ensured and liquidity of credit institutions was improved. So far, eight out of nine restructuring plans of weak commercial banks have been ratified. The settlement of non-performing loans (NPLs) got initial outcomes. The rate of NPLs dropped from 4.08% in 2012 to 3.61% in 2013. As of August 2014, the rate stood at 3.9%. As of late September, 2014, the Viet Nam Asset Management Company brought over VND 82 trillion of NPLs from credit institution and sold VND 1.4 trillion of NPLs.

However, the restructuring process of the banking system coped with shortcomings including poor settlement of NPLs, lack of cooperation, overlapping ownership and low participation of big commercial banks.  

In response to the report, NA deputies emphasized the necessity to implement the goals, tasks and solutions stipulated in the Master Plan on Economic Restructuring.

They also proposed specific policies and mechanisms encouraging private investment in socio-economic infrastructure projects; perfecting the model of PPP; cutting public debts and drastically terminating the operation of weak credit institutions./.