NA weighs new policies to boost science, technology, innovation

The resolution, presented at the February 13 session of the NA Standing Committee, seeks to establish a legal framework that would effectively boost national scientific-technological advancement and digital transformation, making them driving forces for socio-economic development to deliver on the dual targets by 2030 and 2045 as outlined at the 13th National Party Congress.

NA Chairman Tran Thanh Man speaks at the session on February 13. (Photo: VNA)
NA Chairman Tran Thanh Man speaks at the session on February 13. (Photo: VNA)

Hanoi (VNA) – The National Assembly Standing Committee deliberated on a draft resolution aimed at revolutionising Vietnam’s science, technology, innovation, and digital transformation landscape at a session on February 13.

According to the Government’s proposal, the resolution seeks to establish a legal framework that would effectively boost national scientific-technological advancement and digital transformation, making them driving forces for socio-economic development to deliver on the dual targets by 2030 and 2045 as outlined at the 13th National Party Congress.

The document, comprising 20 articles across four chapters, features contents related to the areas. A key feature is the autonomy granted to scientific research organisations, giving them greater independence in organisational structure, staffing, finance, and professional decisions. It also includes provisions on civil liability exemption for potential losses in state-funded research projects as well as regulations on state capital allocation to science-tech missions through funds.

Presenting a verification report, Chairman of the NA’s Committee on Science, Technology and Environment Le Quang Huy endorsed the issuance of the resolution, noting it will help accelerate growth targets of at least 8% by 2025 and double-digit growth for the 2026-2030 period.

Full-time legislators reached consensus on submitting the resolution to the parliament to remove roadblocks in the sector and creative motives for national socio-economic development, contributing to concreatising the target for 2025 and subsequent years. They stressed the importance of careful review to prevent potential group interests, wastefulness, and other negative practices.

Speaking at the event, NA Chairman Tran Thanh Man commended the Ministry of Science and Technology, Ministry of Information and Communications, and the NA’s Committee on Science, Technology and Environment for their swift preparation of the draft resolution.

He specifically called for policies that could unlock resources and create immediate effects, contributing to the economic growth./.

VNA

See more

A total of 18,893 cars were sold in Vietnam in January, a drop of 40% compared to the previous month (Photo: VietnamPlus)

Car sales in Vietnam down 40% in January

Experts attributed a sharp decline in car sales to the Lunar New Year (Tet) holidays, impacting consumers' purchasing power. Consumers tend to wait for new models and releases at this time of year, contributing to lower sales during this period.

Illustrative image (Photo: VNA)

Retail fuel prices in latest adjustment

According to the new pricing, E5 RON92 bio-fuel is now priced at 20,598 VND per litre, up 156 VND, while RON95-III costs 21,074 VND per litre, an increase of 146 VND.

CPI in January 2025 rose by 0.98% compared to December 2024 (Photo: thoibaotaichinhvietnam.com)

Fiscal, monetary policies support demand stimulation, price stabilisation

These efforts, in conjunction with the implementation of monetary policies and other macroeconomic policies, aim to solve difficulties for businesses and the public, stabilise the macroeconomy, control inflation, ensure the balance of the economy, promote economic growth, and secure social welfare and people's livelihoods.

People line up to register for land auctions in Hoai Duc district, Hanoi. (Photo: VNA)

Affordable housing for young buyers a win-win: HoREA

Most young people are ambitious and have a long career path ahead of them to generate income and repay loans. Typically, within 10-15 years, their earnings will double or triple, making such loans low-risk for banks, said HoREA

An apartment and villa complex in Ha Dong district, Hanoi. (Photo: VNA)

Taxes on real estate based on time property is held not feasible: Justice Ministry

In their latest draft of a proposal to establish a new Law on Personal Income, to replace the current one, the MoF has proposed the Government impose taxes on income from real estate transactions based on the period of ownership – or holding period – which is the time between when an investor buys and sells a land or property.

Part of Ha Long city in Quang Ninh province (Photo: VNA)

Quang Ninh targets 14% GRDP growth in 2025

Secretary of the Quang Ninh Party Committee Vu Dai Thang emphasised that achieving this target would require Quang Ninh’s economy to reach approximately 395 trillion VND (15.4 billion USD) in 2025.