Minister of Finance Ho Duc Phoc (standing) speaks at the ongoing fifth session of the 15th NA on June 1. (Photo: VNA)
Hanoi (VNA) – The 15th National Assembly (NA)continued its ongoing fifth session with plenums presided over by ChairmanVuong Dinh Hue on June 1.
The plenums were broadcast live by Vietnam Television, Radio theVoice of Vietnam, and the NA television channel.
In the morning, legislators continued discussing thesupplementary assessment of the implementation of the 2022 socio-economicdevelopment and state budget plans, the implementation of the similar plans for2023 in the first months of the year, and the increase of the charter capitalof the Vietnam Bank for Agriculture and Rural Development.
They also scrutinised such issues as tertiary education anduniversities’ autonomy; salary hikes, administrative reform, and power decentralisation;development of human resources; social insurance; measures for balancing supplyand demand, stabilising prices, and supporting agriculture, farmers, and ruralareas; railway development; policies for ethnic minority and mountainous areas;the reduction of taxes, fees, charges, and other financial obligations forenterprises and people; energy transition; among others.
Governor of the State Bank of Vietnam Nguyen Thi Hong, Ministerof Finance Ho Duc Phoc, and Minister of Planning and Investment Nguyen Chi Dungprovided further information about the issues under consideration.
Minister of Industry and Trade Nguyen Hong Dien talks about some issues discussed by legislators on June 1. (Photo: VNA)
In the afternoon, the parliament looked into the state budget’s finalaccounts in 2021; thrift practice and wastefulness prevention in 2022; thecontinuation of the policy on cutting the value added tax by 2% under the NA’sResolution 43/2022/QH15, dated January 11, 2022; the allocation of capital tothe tasks and projects under the socio-economic recovery and developmentprogramme; the adjustment of the medium-term public investment plan using thecentral budget for the 2021 - 2025 period; and the allocation of the 2023 investmentplan using the central budget for the national target programmes.
Minister of Industry and Trade Nguyen Hong Dien, Minister ofPlanning and Investment Nguyen Chi Dung, and Minister of Finance Ho Duc Phoc alsogave more information about the issues mentioned by deputies./.
A proposal and a verification report on the National Assembly’s draft resolution on some specific mechanisms and policies for the development of Ho Chi Minh City were scrutinised during the ongoing fifth meeting of the 15th legislature on May 26 morning.
Two draft laws and the National Assembly (NA)’s draft supervisory programme for 2024 are high on the agenda of the 15th parliament’s ongoing fifth session on May 27.
Electricity imports from Laos and China accounted for just a modest part of the total electricity demand of Vietnam, Deputy Minister of Industry and Trade Dang Hoang An.
The management, use and payment of resources for COVID-19 prevention and control work have basically followed guidelines and policies, the National Assembly's supervisory team reported to the 15th National Assembly's plenary session on May 29 morning.
Following the discussions on the results of the socio-economic development plan in 2022 and the first months of 2023 during the 15th National Assembly (NA)’s fifth plenary sessions, voters have highly valued the efforts that the Government and the Prime Minister have made in managing the national economy and speeding up economic recovery and development.
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.
Minister of Finance Ho Duc Phoc (standing) speaks at the ongoing fifth session of the 15th NA on June 1. (Photo: VNA) 
Minister of Industry and Trade Nguyen Hong Dien talks about some issues discussed by legislators on June 1. (Photo: VNA) 
