In 2018, Hanoi will drastically improve its investment and business environment and facilitate innovation and startup initiatives to develop enterprises and boost economic growth.

The National Assembly elected Nguyen Xuan Phuc as Prime Minister on April 7 morning with 446 approval votes, or 90.26 percent of the total deputies in the legislature.

The Government as well as concerned ministries and sectors should take drastic measures to stabilize the economy and control inflation at 7 per cent, Prime Minister Nguyen Tan Dung said on May 5 at the cabinet regular meeting, which reviewed socio-economic development and macroeconomic management during the first quarter.

More than 50 million voters nationwide went to the polling stations on May 20 to elect deputies to the XIIth National Assembly.Voters cast their votes in 182 constituencies across the country to choose 500 deputies from a total of 875 candidates.