Vietnamplus

The National Assembly adopted a resolution on State budget allocation in 2020 in the morning of November 14, with 90.48 percent of approval votes.

The Government’s foreign debts have been declining sharply and under the Government’s control, Deputy Prime Minister Vuong Dinh Hue said while chairing a meeting with leaders of some ministries, sectors and the National Financial Supervisory Commission in Hanoi on August 9.

Nine new laws will become effective on July 1, 2018, including the Law on Public Debt Management; Law on amendments and supplementations to some articles of the Law on Overseas Representative Missions of the Socialist Republic of Vietnam.

National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan received Victoria Kwakwa, the World Bank (WB)’s Vice President for East Asia and Pacific, in Hanoi on June 26.

The Presidential Office announced six new laws at a press conference on December 14. The laws were adopted by the 14th National Assembly at the recent fourth session.

The National Assembly will hold its closing ceremony on November 24, which will be broadcast live nationwide.

A draft Law on Public Debt Management was adopted on November 23 at the 14th National Assembly’s fourth session with 85.74 percent of “yes” votes.

Deputies of the 14th National Assembly debated the draft Law on the Protection of State Secrets during their November 22 sitting.

The question and answer session of the 14th National Assembly’s fourth sitting on November 16 was heated up with issues regarding tax, public debt and monetary policy management.

The Government should consider international practices to re-define its public debt in the revised Law on Public Debt Management that is scheduled for submission to the National Assembly late this month.

A law on foreign trade management is needed to better manage foreign trade activities as Vietnam integrates deeper into the global economy, said lawmakers at the third session of the 14th NA on May 25.

Lawmakers elaborated the draft law on public debt management (revised) and another on foreign trade management during the ongoing third session of the 14th National Assembly in Hanoi on May 25.

National Assembly (NA) convened the plenary session in Hanoi on May 24 under the chair of NA Chairwoman Nguyen Thi Kim Ngan.

The eighth session of the 14th National Assembly’s Standing Committee concluded on March 21 after working on a Government’s decree on rescue activities of the fire-fighting force.

The National Assembly Standing Committee gave opinions on the draft law on public debt management (revised) on March 20 in Hanoi.

Prime Minister Nguyen Xuan Phuc urged Government members to take drastic measures to attain the targeted growth rate of 6.7 percent this year at the Cabinet’s February meeting in Hanoi on March 1.

The Government has built various measures to keep public debt within permitted levels, Minister – Chairman of the Government Office Mai Tien Dung has said.

The State Audit Office has announced the official figure of the 2014 public debt at more than 2.28 quadrillion VND (102.7 billion USD), yet hinting that it might have reached higher than that.

Deputy Prime Minister Trinh Dinh Dung has asked ministries and localities to make breakthroughs in attracting investment for Public Private Partnership (PPP) infrastructure projects.

The Government has proposed international bond issuances worth 3 billion USD, to restructure domestic debts arising during 2015-2016.