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Official Gazette

Tuesday, December 18, 2018
Tags: public debts
National Assembly elects Party chief as President National Assembly elects Party chief as President
National Assembly deputies on October 23 elected Nguyen Phu Trong, General Secretary of the Communist Party of Vietnam, as the President for the 2016-21 tenure during the month-long sixth session which opened on October 20 in Hanoi.
National Assembly passes seven laws during fifth session National Assembly passes seven laws during fifth session
After three weeks of sitting, the 14th National Assembly completed its working agenda of the fifth session, voting to pass seven laws to continue the institutionalization of the 2013 Constitution, improve the legal system on economic development, human rights, and basic rights and obligations of citizens, and ensure national defense and security.
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.

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