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Official Gazette

Sunday, May 27, 2018
Tags: public debts
Law on Public Debt Management Law on Public Debt Management
Coming into force from July this year, the 2017 Law on Public Debt Management (the Law) is expected to improve and tighten the management of public debts.
Official Gazette issues Nos 01-04 December 2017 published on March 02 2018 Official Gazette issues Nos 01-04 December 2017, published on March 02, 2018
Plan to restructure public investment nodded Plan to restructure public investment nodded
The Prime Minister on January 12 decided to enact a plan to restructure public investment during 2017-20, with a vision toward 2025, aiming to form a rational public investment structure, improve efficiency of public investment and quality of public investment management institutions, and effectively seek and use other sources of investment for developing the socio-economic infrastructure system.
National Assembly adopts key national policies National Assembly adopts key national policies
The National Assembly passed six laws that would influence national development in different fields, said NA Chairwoman Nguyen Thi Kim Ngan at the closing meeting of the NA’s fourth session that concluded on November 24 after 26 working days.
Numerous tasks laid down for better business environment Numerous tasks laid down for better business environment
Ministries and sectors will further review current regulations so as to cut the number of existing business conditions and administrative procedures by one-third or, if possible, by half.
Tightened control over on-lent ODA and concessional loans for localities Tightened control over on-lent ODA and concessional loans for localities
The Prime Minister has recently requested local authorities to use foreign loans for development investment projects only, not for payment of local regular expenses, under Directive 37/CT-TTg.
Decision No. 1191/QD-TTg of August 14 2017 Decision No. 1191/QD-TTg of August 14, 2017
approving the bond market development roadmap during 2017-2020, with a vision toward 2030
Unified management of public debts needed: NA leader Unified management of public debts needed: NA leader
The National Assembly Committee on Financial and Budgetary Affairs should reach agreement with the Ministry of Finance on the sole focal point in public debt management, said NA Chairwoman Nguyen Thi Kim Ngan at the 13th session of the NA Standing Committee that closed on August 18.
Party affirms private sector as important driving force for economic development Party affirms private sector as important driving force for economic development
The 12th Central Committee of the Communist Party of Vietnam on June 3 issued Resolution 10 affirming the development of the private economy into an important driving force of the country’s socialist-oriented market economy. Following are the principal contents of the Resolution.
Government determined to restructure state budget control public debts Government determined to restructure state budget, control public debts
The Government on June 19 issued Resolution 51/NQ-CP to enact an action program to achieve the targets set forth in Politburo Resolution No. 07 dated November 18, 2016, on guidelines and measures to restructure the state budget and manage public debts in order to ensure the safety and sustainability of the national finance.

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