NA Economic Committee’s first plenary session opens
The Economic Committee of the 14th National Assembly convened its first plenary meeting in Hanoi on July 28, focusing on making a plan for its operation until the NA’s second session.
Deputy NA Chairman Phung Quoc Hien addresses the meeting (Photo: VNA)
Hanoi (VNA)ꦐ – The Economic Committee of the 14th National Assembly convened its first plenary meeting in Hanoi on July 28, focusing on making a plan for its operation until the NA’s second session.
Under the plan, the committee will verify a number of bills, including the Property Auction Law, the Law on Foreign Trade Management, the Planning Law, and the Law on Supporting Small and Medium-Sized Enterprises.
It will work closely with the NA’s Ethnic Council and other committees to verify and assess the implementation of the NA’s resolution on socio-economic development in 2016 and the plan for 2017. The verification reports are scheduled to be delivered at the NA’s second session in October 2016.
The committee will also supervise the implementation of the national target programme on new-style rural building in a number of localities and report the results to the NA during the NA’s second session.
It will also make a draft resolution on the socio-economic development plan for 2017, while giving ideas on the verification report on the Trans-Pacific Partnership.
Speaking at the meeting, Deputy NA Chairman Phung Quoc Hien emphasised the significant role of the committee which is not only take the charge of economic affairs but also coordinate with other NA committees during the verification of specific matters.
He asked the committee to prioritise major and urgent issues during its supervision. Members of the committee should also change their mindset and promote the collective brainpower to fulfil all tasked, he requested.
As approved by the NA Standing Committee, the Economic Committee comprises one Chairman, Vu Hong Thanh, three Deputy Chairmen – Duong Quoc Anh, Nguyen Duc Kien, and Nguyen Minh Son – five standing members and other members.-VNA
Chairman of the National Assembly (NA) Economic Committee Nguyen Van Giau said the country has made a step forward in completing institutions for the market economy with the promulgation of a series of laws including the Law on Land Use, Law on Business, Law on Real Estate Trading and Law on Construction.
Ten of the 14 economic targets by the National Assembly last year were surpassed. However, there are concerns about the positive results. Thoi Bao Kinh Te (Economic Times) Newspaper talked to Mai Xuan Hung, Deputy Chairman of the NA's Economic Committee.
The Government’s report on outcomes of international economic integration since Vietnam joined the World Trade Organisation was scrutinised at the National Assembly Standing Committee’s 41st meeting.
The majority of deputies at the 14th National Assembly have shown their strong confidence in newly-elected NA Chairwoman Nguyen Thi Kim Ngan, who won the July 22 election with 98 percent of votes.
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.
Deputy NA Chairman Phung Quoc Hien addresses the meeting (Photo: VNA)
