MoF reviews law on public asset management and use
The Ministry of Finance (MoF) held a conference in Hanoi on May 16 to examine the one-year implementation of the Law on Management and Use of Public Assets.
Hanoi (VNA) – The Ministry of Finance (MoF) held a conference in Hanoi on May 16to examine the one-year implementation of the Law on Management and Use ofPublic Assets.
At theconference, Deputy Minister of Finance Tran Xuan Ha said the law has built aproper legal basis for the tight and effective management and use of financialsources from public assets.
In the timeahead, the ministry plans to employ a series of measures to boost the effectivenessof management.
La VanThinh, head of the MoF’s Department of Public Asset Management, pointed to anumber of shortcomings in the field.
He said certaintypes of assets and related areas still lack specific regulation documents dueto the broad scope of Vietnam’s public assets that involve different subjectsin their management and use.
Meanwhile,only about 50 percent of all ministries, sectors, and localities issuestandards and quotas for the use of specialised space and equipment, as wellfor public facilities. The issue has negatively impacted constructioninvestment, as well as the purchase, upgrade, and repair of assets, Thinhadded.
For betterimplementation of the law, the ministry said it will work with competentagencies and sectors to complete a decree on payment for investors ofbuild-transfer (BT) projects as directed by Prime Minister Nguyen Xuan Phuc forsubmission to the Government this month.
Themodernisation of public asset management, upgrade of the national data onpublic assets, and inspections to promptly handle violations are alsonecessary, said the MoF.–VNA
Some 34,214 State-owned cars cost the State budget more than 486 million USD per year, according to Tran Duc Thang, Director of the Department of Public Asset Management under the Ministry of Finance (MoF).
Legislators debated the draft revised Law on Railway during a plenary session in Hanoi on May 30 under the chair of National Assembly Chairwoman Nguyen Thi Kim Ngan.
How to improve the efficiency of public asset management was tabled at a conference jointly held by the Ministry of Finance and the International Data Group, Inc. (IDG) in Hanoi on October 6.
The Government’s mechanism to calculate the compensation rate for residents whose land it takes for public purposes is "detached" from the market value instead of relying on it, leading to prolonged opposition and grievances from those affected.
Vietnam has over 4.8 million people exposed to AO/dioxin, including hundreds of thousands in the second, third, and even fourth generations. Many live with severe disabilities, facing high medical costs and loss of earning capacity.
Deputy Foreign Minister Dang Hoang Giang reaffirmed that amnesty is a humanitarian policy of the Party and State, reflecting the Vietnamese tradition of compassion and winning attention and high praise both domestically and internationally.
Vietnam officially grants limited-term visa-free entry to high-profile foreigners whose presence is deemed beneficial to the country’s socio-economic development.
With support from the Vietnamese Association in Ufa, Vietnamese language classes for children have been offered for many years. Currently, 60 children of various ages are attending two classes taught by Duc Anh, free of charge.
Vietnam ranked among the top four countries and territories at the 2025 International Olympiad on Artificial Intelligence (IOAI), reaffirming its strong position in international academic competitions.
All 20 crew members aboard the Vietnamese oil tanker GT Unity were successfully rescued from a fire in the vessel’s engine room, thanks to the swift response of the Liberian-flagged ship Androusa and Vietnamese maritime rescue teams.
Describing Agent Orange as one of the most severe and enduring legacies of the war in Vietnam, Vietnam's former Honorary Consul to Belgium Joseph-Michel de Grand Ry warned that its impact – still affecting generations more than five decades later – could last another two to three decades.
Running from August 4 to September 2, under the hashtag #TuHaoVietNam, the campaign invites participants in two categories: “I Love My Country” video clips and “I Love My Country” check-in photos.
Decree No. 219/2025/ND-CP, which took effect on the issuance date, introduces amendments that integrate the procedure for reporting and explaining the demand for foreign workers into the process of submitting applications for work permits.
With a tight 13-month deadline, the move is under a strategic and urgent policy to bridge educational gaps, train the local workforce, and shore up territorial sovereignty in some of the country’s most remote areas.
The parade and personnel send-off ceremony will officially take place on August 10 at the area surrounding the Statue of King Ly Thai To and Dinh Tien Hoang street of Hoan Kiem ward, with the participation of nearly 3,000 officers, soldiers, and local residents.
According to national technical regulations, AIS installation is mandatory for boats carrying more than 50 passengers. However, operators of smaller vessels (under 50 seats) in Ha Long Bay have voluntarily committed to completing installation by the deadline to enhance operational safety.
The activities include a Vietnamese language teaching training course for overseas Vietnamese teachers from August 13 to 28 in Hanoi, Ninh Binh, and Thai Nguyen.
Specifically, the ships will carry out patrols from 7am to 6pm daily along the main tourist routes in Ha Long Bay, with one ship permanently stationed at Ti Top island. From 6pm to 7am the following day, the mobile vessels return to Tuan Chau island to maintain a 24/7 on-call duty shift, ensuring constant readiness.
The Ministry of Construction (MoC) plans to open to traffic 208km of expressways of six key projects by August 19, bringing the country’s total expressway network to 2,476km.
As of July 1, a two-tier local government model started in 34 provinces and cities, streamlining administration but creating a surplus of public properties. If not promptly addressed, these assets could become a financial burden.
Whether they grow up to become journalists, diplomats, or professionals in other fields, these children can one day become bridges of friendship and cooperation, telling new and inspiring stories of Vietnam – China relations, said Ambassador Pham Thanh Binh.
A 21-year-old Indian tourist was successfully resuscitated and treated by doctors at Hoan My Da Nang Hospital after a near-drowning incident left him in critical condition. After three days of intensive care, the man was discharged from the hospital and has since returned to India.
In an document issued on August 5, the PM emphasised the need to stablise living conditions for people hit by floods, landslides, and flash floods in late July and early August in northern and north-central provinces, especially Dien Bien, Son La, and Nghe An which suffered some of the worst damage.
Although millions of Vietnamese were affected by AO, only over 626,000 individuals, including war veterans and their children suffering from dioxin-related conditions, are currently receiving state benefits.
An overview of the conference (Photo: VNA) 
