Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
All drugs entering hospitals must have a clear origin, so counterfeit drugs are only in the market, not in hospital, affirmed Minister of Health Dao Hong Lan.
From July 1, 2025 to December 31, 2026, the VAT rate will be reduced to 8% from 10% for goods and services specified in Clause 3, Article 9 of the Law on VAT No. 48/2024/QH15.
The National Assembly (NA) of Vietnam unanimously adopted a resolution amending key provisions of the Constitution of the Socialist Republic of Vietnam on June 16, with all 470 deputies present at the 9th session voting in favour.
National Assembly (NA) Chairman Tran Thanh Man noted that press coverage has vividly and comprehensively reflected the activities of the NA, with timely and topical reporting before, during, and after each session of the legislature and its Standing Committee.
The 15th National Assembly voted to pass the revised Law on Corporate Income Tax and the amended Excise Tax Law on June 14 morning, as part of its ongoing 9th session.
The 15th National Assembly (NA) passed the Law on Management and Investment of State Capital in Enterprises and the Law amending and supplementing a number of articles of the Law on Standards and Technical Regulations at its ongoing ninth session on June 14.
Legislators expressed strong support for establishing an IFC, viewing it as a critical step toward elevating Vietnam’s financial standing and boosting economic development.
In his closing remarks, NA Chairman Tran Thanh Man highlighted that this session dealt with a huge workload and issues which are both urgent and long-term, strategic. Some issues are new, requiring coordination between agencies for the settlement.
At this session, the NA Standing Committee will give feedback on the revision, explanation, and finalisation of 28 out of 31 draft laws and resolutions discussed during the first phase of the 9th session, which are expected to be passed in the second phase.
According to a tentative schedule, the key topics discussed at the congress include social welfare, the informal economy, and agriculture, priority policy agendas set by the 7th tenure of the Cambodian Government. However, due to the expanded participation and the current situation in Cambodia, some other topics may also be discussed at this congress.
The 9th session of the 15th National Assembly (NA) concluded its first phase with significant outcomes, laying the foundation for achieving the socio-economic development goals in the new period, NA deputies have said.
The resolution aims to stimulate consumption in line with the current economic context, thus supporting citizens and businesses; boosting production, trade, tourism, and domestic consumption, thereby contributing to the State budget and the national economy, towards implementing the five-year socio-economic development plan in 2021–2025, annual development goals, and the economic restructuring plan in 2021 – 2025; and creating momentum for economic growth in the next five years.
The Standing Committee voiced support for refining the resolution to reduce administrative procedures, strengthen decentralisation to local authorities, and expand policy support for people, particularly those impacted by the restructuring and consolidation of administrative units.
Prime Minister Pham Minh Chinh stressed the need to promote public investment as a catalyst for private investment, as well as to boost overall social and foreign investment.
Legislators are scheduled to discuss the continuation of certain special mechanisms and policies previously approved by the NA for specific localities, following the reorganisation of the administrative apparatus and the expansion of administrative boundaries in line with the Party and State’ guidelines.
A delegation of the Vietnamese National Assembly (NA) led by Vice Chairman Le Minh Hoan is attending the 11th Nevsky International Ecological Congress (NIEC) in St. Petersburg on May 22-23.
NA Chairman Tran Thanh Man stressed that social housing has become an increasingly urgent issue, especially in urban areas and industrial zones. However, he noted that the implementation of social housing projects still faces obstacles due to inflexible mechanisms, prolonged administrative procedures, and a lack of appealing incentives for investors.
