A delegation from the National Assembly (NA) Committee for Finance and Budget led by its Vice Chairman Tran Van paid working visits to Peru and Argentina from December 1-12 to enquire about experience in managing public investment and debt as well as issues related to state budget law and tax policy.

During working sessions with officials of the host countries, the Vietnamese delegation introduced the country’s policy on investment and trade as well as efforts in perfecting the legal system to create favourable business climate for investors.

The Vietnamese lawmakers shared experience with the two countries’ experts in the fields of budget collection management; budgetary decentralisation between the central and local agencies; tax evasion, transfer pricing in foreign-invested enterprises; and public debt management, among others.

On the occasion, the delegation also informed its hosts about Vietnam’s preparation for the 132 nd General Assembly of the Inter-Parliamentary Union (IPU-132), that the Vietnamese NA will host next year. According to the head of the delegation, the trip aimed at studying the laws of Peru and Argentine concerning budget procedures and coordination in verifying budget between parliamentary committees, as Vietnam is to revise the law on state budget.-VNA