Finance Minister Dinh Tien Dung was grilled about finance and budget-related issues within his remit during the 14th National Assembly’s 10th sitting on November 9.
Hanoi (VNA) - Finance Minister Dinh Tien Dung was grilled aboutfinance and budget-related issues within his remit during the 14th NationalAssembly’s 10th sitting on November 9.
In reply to deputy Le Cong Nhuong’s query onhow budget collections and spending together with reductions in public debt andoverspending can be ensured when GDP growth is under 6 percent, Dung said theGovernment will closely follow the estimates assigned by the legislature.
The ministry will work with other ministries,sectors, and localities to resolve difficulties in the business environment andboost GDP growth, he said.
Vietnam could post growth of 2-3 percent in2020; far lower than the 6.8 percent set at the beginning of the year.
In 2021, therefore, the Government will speedup the disbursement of public investment and stimulate domestic demand, whilethe Finance Ministry will strengthen taxation management and intensify checksand inspections to prevent transfer pricing and tax evasion and also increase thecollection of tax debts.
If major fluctuations were to occur, theministry would follow the principles and regulations in the Law on State Budgetto report to the legislature, he added.
Responding to deputy Mai Sy Dien’s question onenvironmental protection costs, the minister acknowledged that not all spendingon environmental protection is made.
In 2016-2020, for example, such spending was 2.4trillion VND (103.5 million USD) less than the estimate, he said.
According to regulations, every October, whenthe Government reports to the NA on State budget estimates, ministries, sectorsand localities must approve tasks on environmental protection as a foundationfor estimate allocation. This work, however, is often quite slow.
Dung stressed the need for ministries, sectors,and localities to speed up such approval./.
Deputy Prime Minister Vu Duc Dam answered questions from several National Assembly (NA) deputies on Vietnam’s COVID-19 prevention and control measures in the time ahead as well as progress in the country’s vaccine research, at a Q&A session of the 14th NA’s 10th sitting on November 6.
The 14th National Assembly will continue question & answer (Q&A) sessions on issues related to the implementation of its resolutions on thematic supervision and Q&A during the 14th tenure and several resolutions of the 13th legislature, during the week from November 9 to 13.
Government members on November 9 are responding to legislators’ questions about issues related to the implementation of the National Assembly (NA)’s resolutions on thematic supervision and question-and-answer (Q&A) activities in the 14th tenure, along with some resolutions adopted in the 13th tenure.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
Vice Chairman of the municipal People’s Committee Nguyen Manh Cuong highlighted ASEAN’s nearly six decades of development, during which the region transformed from division to harmony, from confrontation to cooperation, and from poverty to dynamic growth, becoming a global bright spot for regional cooperation.
Thirty years ago, on July 28, 1995, Vietnam’s accession to ASEAN marked a historic strategic decision, opening a new chapter in the country’s integration process and beginning its strong rise.
Ambassador Vu Le Thai Hoang has outlined specific priorities and proposals for cooperation with the UNODA in preparation for the upcoming 11th Review Conference of the Non-Proliferation of Nuclear Weapons (NPT).
The Vietnamese Party leader's visit is therefore expected to mark a new stage in the development of the Comprehensive Strategic Partnership between the two countries, with a focus on such areas as digital transformation, supply chains, semiconductors, clean energy, and maritime security, Choe assessed.
At their meeting, which took place in the Angolan capital of Luanda on August 7 as part of State President Luong Cuong’s ongoing state visit to the African nation, the two officials also agreed to make full use of existing cooperation mechanisms, particularly the Vietnam – Angola Intergovernmental Committee, and step up exchanges of delegations at all levels.
President Luong Cuong's talks with his Angolan counterrpart João Manuel Gonçalves Lourenço, Vietnamese leader's receptions for a delegation from the Japan – Vietnam Parliamentary Friendship Alliance, and the Government's regular meeting for July are among news highlights on August 7 evening.
Over the past five decades, the Vietnam - Angola relationship has grown steadily, marked by political trust and close bonds between their Parties, States, Governments, and peoples, said Deputy Prime Minister and Foreign Minister Bui Thanh Son.
President Luong Cuong called on the two countries to join hands to promote South – South cooperation, contribute to building a fair and equal global political and economic order, safeguard independence and sovereignty, and promote extensive and substantive international solidarity and cooperation.
President Luong Cuong called on the community to remain united, integrate well into local society, adhere to local laws, and continue contributing to both Angola’s development and Vietnam – Angola relations.
Vietnamese President Luong Cuong and Speaker of the National Assembly (NA) of Angola Carolina Cerqueira agreed to continue strengthening political trust, boost high-level delegation exchanges via all channels, including the parliamentary one, and create favourable legal conditions for bilateral cooperation.
Finance Minister Dinh Tien Dung (Source: VNA) 
