Law makers set to adopt resolutions on important issues

The 14th National Assembly (NA) convened for the 9th session in Hanoi on May 20, which is set to last 19 days with two phases, excluding holidays, and consider and approve resolutions on important issues, including those related to the adoption of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA)
law makers set to adopt resolutions on important issues

The first phase from May 20 to May 29 will see a series of online meetings held with the participation of NA deputies nationwide. Lawmakers will then meet in person to take part in the second phase which will run from June 8 to June 18.

The legislature is scheduled to adopt ten draft laws and five draft resolutions, in addition to offering opinions on six bills throughout the duration of the session.

Moreover, important socio-economic and budgetary issues will be decided upon by the legislature, including reports on novel coronavirus (COVID-19) prevention efforts, the virus’s impact on national socio-economic development, and solutions aimed at dealing with the disease and promoting greater socio-economic development.


NA deputies will also hold a review of the State budget statement from 2018, discuss any potential increases to charter capital at the Vietnam Bank for Agriculture and Rural Development from the State budget, and initiate a review of the implementation of NA Resolution No. 88/2014/QH13 which sets out to reform the curriculum taught in schools.

Members will also consider and approve resolutions regarding the National Target Programme on Socio-economic Development in Mountainous and Ethnic Minority Areas for the 2021 to 2030 Period. This will be held alongside a review of the exemption of agricultural land use taxes, the piloting of an urban government model in Da Nang, and a number of specific finance-budget mechanisms and policies that are suitable for Hanoi.

A report detailing the conversion of investment models for a range of sections with regard to the North-South Expressway are also set to be tabled for consideration.

In terms of supervision, the NA will conduct a thematic supervision of the implementation of policies and laws which set out to prevent and fight child abuse, along with voting to approve a resolution on this issue and another one about the NA’s supervision programme ahead in 2021.

Furthermore, the NA will also take steps to set up a national election council, consider and decide on personnel tasks, and consider and grant approval to resolutions on other important issues, including those related to the adoption of the EVFTA and EVIPA.

Most recently, the Government outlined two scenarios which could lead to economic growth for the nation, with the growth target of 6.8% and an inflation rate of 4% for 2020 both looking challenging to achieve.

In an appraisal report, the National Assembly Committee for Economic Affairs assessed that the impact of the COVID-19 has proven to be serious, with the first quarter of the year seeing GDP growth reach a mere 3.82%, the lowest level of growth for a decade.

According to the NA, the Government must swiftly move to re-evaluate the balance of the national economy and should submit the issue to the legislative body for consideration, whilst decisions to adjust targets such as growth, CPI, budget spending, revenue, and public debt, should be taken if necessary.

There will not be a series of Q&A sessions during this plenary session and the right to question NA deputies can still be exercised by sending documents to both ministers and cabinet members.

Source: VOV
english.vov.vn

Related News

Without resolving three significant bottlenecks, real estate market

Without resolving three significant bottlenecks, real estate market's revival will face numerous challenges

VCN - Economic expert Vu Dinh Anh shares insights on the real estate market's recovery trajectory in 2024.
Minister of Finance: Fairness and transparency for the insurance market

Minister of Finance: Fairness and transparency for the insurance market

VCN - According to Minister of Finance Ho Duc Phoc, the Ministry has strengthened inspections to correct violations in the insurance sector, demonstrating fairness and transparency in the market.
8 solutions to perform revenue collection of Customs industry in 2024

8 solutions to perform revenue collection of Customs industry in 2024

VCN – The revenue collection of the Customs industry in 2023 has been affected due to difficulties and challenges. The estimated revenue in 2023 decreases by 16% year-on-year to VND365,000-367,000 billion. In 2024, the Customs strives to complete the revenue target of VND375,000 billion assigned by the National Assembly.
Proposing National Assembly to add more than VND2.5 trillion for recurrent spending estimates

Proposing National Assembly to add more than VND2.5 trillion for recurrent spending estimates

VCN - On October 17, 2023, the National Assembly (NA) Standing Committee considered adding the 2023 State budget recurent spending estimates for ministries, central agencies, and localities. Vice Chairman of the National Assembly Nguyen Duc Hai chaired the meeting.

Latest News

​​​​​​​VN needs drastic reforms to create firm ground for economic growth: experts

​​​​​​​VN needs drastic reforms to create firm ground for economic growth: experts

Việt Nam’s economy has a good start with a growth rate of 5.66 per cent in the first quarter of this year, the highest rate since 2020. However, whether the recovery is firm remains a question.
E-commerce contributes $7 million in taxes during 2022-23

E-commerce contributes $7 million in taxes during 2022-23

A number of solutions have been implemented to enhance the tax management on e-commerce, including the
Standard Chartered revises down Vietnam’s  GDP growth forecast in 2024 to 6%

Standard Chartered revises down Vietnam’s GDP growth forecast in 2024 to 6%

Standard Chartered Bank has lowered Vietnam’s GDP growth forecast in 2024 to 6% from the previous 6.7% due to lower-than-expected Q1 growth and global trade headwinds.
Investor confidence gains traction on improved business climate

Investor confidence gains traction on improved business climate

Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pool of both domestic and international investors for socio-economic development.

More News

Vietnam

Vietnam's exports to Canada lead among CPTPP countries

VCN - Ms. Tran Thu Quynh, Commercial Counselor, Vietnam Trade Office in Canada shared with Customs Magazine about the picture of Vietnamese goods in Canada with a lot of potential that can be further exploited, and recommendations for businesses, along with activities deployed by the Trade Department to support businesses to conquer this attractive "billion dollar" market.
Many new regulations aim to drastically remove the IUU "Yellow Card"

Many new regulations aim to drastically remove the IUU "Yellow Card"

VCN - Many new regulations against illegal, unreported, unregulated (IUU) fishing have been issued to help Vietnam complete the legal framework and soon remove the IUU "Yellow Card" in 2024.
PM chairs meeting of national committee for digital transformation

PM chairs meeting of national committee for digital transformation

Prime Minister Pham Minh Chinh chaired the eighth meeting of the National Committee for Digital Transformation on April 24, which aims to assess digital transformation efforts and development of the digital economy in recent times and discuss tasks and solutions for accelerating the work in 2024.
Seize the golden opportunity as retail giants look for supplies in Vietnam

Seize the golden opportunity as retail giants look for supplies in Vietnam

VCN - The world's leading purchasing and retail corporations all plan to increase the purchasing of goods in Vietnam. However, Vietnamese businesses still need to improve many factors to be able to grasp this opportunity.
Government’s action programme cracks down on illegal fishing

Government’s action programme cracks down on illegal fishing

A raft of measures to deal with illegal, unreported and unregulated (IUU) fishing is included in the Government’s freshly issued action programme as the country is striving to clamp down on illegal fishing, or else it will be hit by the European Commission (EC)’s warning card.
PM calls on ASEAN to pen strategic development vision

PM calls on ASEAN to pen strategic development vision

The Association of Southeast Asian Nations (ASEAN) should have a strategic and comprehensive vision, and improve its resilience capacity to grasp opportunities and handle global headwinds for stable and sustainable development, Prime Minister Pham Minh Chinh said on April 23.
Forum to discuss new initiatives on ASEAN future vision: Deputy FM

Forum to discuss new initiatives on ASEAN future vision: Deputy FM

The ASEAN Future Forum 2024 (AFF 2024), which will take place in Hanoi on April 23, is expected to create a platform for stakeholders to contribute ideas and initiatives on the Association of Southeast Asian Nations (ASEAN)’s future vision, Vietnamese Deputy Minister of Foreign Affairs Do Hung Viet has said.
Investors play a key role in developing the industrial park system

Investors play a key role in developing the industrial park system

VCN - Dr. Phan Huu Thang, Chairman of the Executive Committee of the Vietnam Industrial Park Finance Association, former Director of the Foreign Investment Department (Ministry of Planning and Investment), said that basically, developing an industrial park successfully or not mainly depends on businesses, entrepreneurs - industrial park investors.
Green transformation and ESG practice to participate in the global competition

Green transformation and ESG practice to participate in the global competition

VCN - Vietnam is in a transition period from encouraging to mandating green and sustainable criteria so as not to fall behind or be excluded from the green transformation trend that is taking place strongly around the world.
Read More

Your care

Latest Most read
​​​​​​​VN needs drastic reforms to create firm ground for economic growth: experts

​​​​​​​VN needs drastic reforms to create firm ground for economic growth: experts

Việt Nam’s economy has a good start with a growth rate of 5.66 per cent in the first quarter of this year, the highest rate since 2020. However, whether the recovery is firm remains a question.
E-commerce contributes $7 million in taxes during 2022-23

E-commerce contributes $7 million in taxes during 2022-23

A number of solutions have been implemented to enhance the tax management on e-commerce, including the
Standard Chartered revises down Vietnam’s  GDP growth forecast in 2024 to 6%

Standard Chartered revises down Vietnam’s GDP growth forecast in 2024 to 6%

Standard Chartered Bank has lowered Vietnam’s GDP growth forecast in 2024 to 6% from the previous 6.7% due to lower-than-expected Q1 growth and global trade headwinds.
Investor confidence gains traction on improved business climate

Investor confidence gains traction on improved business climate

Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pool of both domestic and international investors for socio-economic development.
Vietnam

Vietnam's exports to Canada lead among CPTPP countries

VCN - Ms. Tran Thu Quynh, Commercial Counselor, Vietnam Trade Office in Canada shared with Customs Magazine about the picture of Vietnamese goods in Canada with a lot of potential that can be further exploited, and recommendations for businesses, along wi
Mobile Version