Legislators discuss draft law on amendments and supplements to seven laws
Lawmakers are debating a draft law on amendments and supplements to a number of articles of seven laws and the draft Electricity Law as part of the 15th National Assembly (NA)’s ongoing 8th session in Hanoi on November 7.
At the 15th National Assembly (NA)’s ongoing 8th session. (Photo: VNA)
Hanoi (VNA)🌞 – Lawmakers are debating a draft law on amendments and supplements to a number of articles of seven laws and the draft Electricity Law as part of the 15th National Assembly (NA)’s ongoing 8th session in Hanoi on November 7.
In the morning, NA deputies will discuss the draft law on amendments and supplements to a number of articles of seven laws, including the Law on Securities, the Law on Accounting, the Law on Independent Audit, the Law on State Budget, the Law on Management and Use of Public Assets, the Law on Tax Administration and the Law on National Reserves.
Deputy Prime Minister and Minister of Finance Ho Duc Phoc will clarify issues raised by NA deputies.
Recent socio-economic changes have caused difficulties and obstacles to the implementation of legal documents on finance. In that context, the Government and the Ministry of Finance have urgently reviewed, summarised and assessed the implementation of laws in the field of finance and budget and found that the seven laws need to be amended and supplemented.
According to Phoc, on October 18, the Government proposed shortened procedures to the NA for the draft law that amends and supplements a number of articles of the finance-related seven laws.
Le Quang Manh, Chairman of the NA’s Committee for Finance and Budget, said that his committee, the Economic Committee and other NA agencies agreed on the necessity to amend and supplement the draft laws to remove difficulties and institutional obstacles in the fields of finance and budget, thus improving the investment and business environment, attracting state and non-state resources to promote the country's socio-economic development.
In the afternoon, the NA will discuss the draft Law on Electricity (amended).
The 2004 Law on Electricity has been amended and supplemented four times in 2012; 2018; 2022 and 2023 with the latest version took effect in July this year. However, after nearly 20 years of implementation, there are still some issues that the provisions of the law have not met, and it is necessary to amend and supplement them to fully institutionalise the Party's policies and guidelines in the Politburo's Resolution No. 55-NQ/TW dated February 11, 2020 on the orientation of Vietnam's national energy development strategy to 2030, with a vision to 2045 as well as other resolutions and legal systems./.
Lawmakers continue their debate on the draft Law on Public Investment (amended) as part of the 15th National Assembly (NA)’s ongoing eighth session in Hanoi on November 6.
Deputies to the 15th National Assembly (NA) on October 31 discussed in groups a draft resolution on the organisation of urban government in the northern city of Hai Phong and the establishment of the centrally-run Hue city, as part of their ongoing eighth session.
General Secretary of the Communist Party of Vietnam Central Committee To Lam and his spouse Ngo Phuong Ly departed from Hanoi on August 10 morning for a four-day state visit to the Republic of Korea (RoK), which is made at an invitation of RoK President Lee Jae Myung.
As part of the ASEAN Day celebrations, the Vietnamese embassy will also host the ASEAN Family Day 2025 in Ottawa to foster solidarity and community spirit among ASEAN members in Canada.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
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.
