The retirement age for male and female workers will increase from 60 and 55 at present to 62 and 60 respectively in 2028 and 2035 under the revised Labour Code passed by the legislature on November 20
During the ongoing seventh session of the 14th National Assembly (NA), deputies on May 29 discussed the draft amended Labour Law which has been attracting public concern in recent times.
Raising retirement age adjustment needs a long-term vision and roadmap suitable for economic growth, dealing with employment and unemployment and not causing negative impacts to the labour market.
The Presidential Office held a press conference in Hanoi on December 11 to announce the President’s order to promulgate nine laws which were adopted at the sixth session of the 14th National Assembly.
More commercial banks expect their credit growth limits to be expanded this year after Techcombank became the first to get the nod to do so from the State Bank of Vietnam (SBV) recently.
According to the General Statistics Office, as of September 20, the banking sector’s credit growth was 9.52 percent, much lower than the 11.02 percent rate recorded a year earlier.
Vietnam is one of the really special cases worldwide that will be able to take full advantage of all new opportunities in the Fourth Industrial Revolution (4IR), as told by a senior financial expert.
Prime Minister Nguyen Xuan Phuc has agreed in principle with the selection of goods suppliers in special cases, in accordance with the Bidding Law’s Article 26 on bidding packages for the provision of services and goods, to serve the domestic hosting of the World Economic Forum on ASEAN this year.
The National Steering Committee for Construction of Special Administrative-Economic Units convened a meeting in Hanoi on July 10 under the chair of Prime Minister Nguyen Xuan Phuc, head of the committee.
National Assembly Chairwoman Nguyen Thi Kim Ngan gave voters in the Mekong Delta city of Can Tho more details about the postponement of approval of the draft Law on Special Administrative – Economic Units and made clear the newly-adopted Law on Cyber Security at her meeting with them on June 19.
Prime Minister Nguyen Xuan Phuc clarified concerns over the draft Law on Special Administrative – Economic Units and the draft Law on Cyber Security during a meeting with voters in Tien Lang district, the northern city of Hai Phong on June 18.
The freshly-passed Law on Cyber Security will not hinder activities of people and businesses, affirmed Major General Nguyen Minh Duc, Director of the Institute of Police Science under the People’s Police Academy.
The draft Law on Special Administrative-Economic Units of Van Don, Bac Van Phong and Phu Quoc has been a hot topic not only at the on-going fifth session of the 14th National Assembly but also on the mass media during recent days.
Ensuring defence security is the number one principle when designing the draft law on special administrative-economic units, affirmed Minister of Planning and Investment Nguyen Chi Dung.
Prime Minister Nguyen Xuan Phuc affirmed his willingness to listen with high responsibility to opinions of intellectuals, experts, people and particularly National Assembly deputies on the proposal of land lease of 99 years in the draft law on special administrative-economic units.
The National Assembly’s Standing Committee discussed a draft Law on Special Administrative Economic Units on April 16 with a focus on preferential policies to attract investment.
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