On September 27, Party General Secretary Nguyen Phu Trong signed Resolution 52-NQ/TW, on a number of policies on the nation’s proactive involvement in the Fourth Industrial Revolution, affirming that the nation will take strong actions to take advantage of opportunities brought by the Revolution. Vietnam Law and Legal Forum would like to introduce important contents of this Resolution.

State-funded projects will be subject to the new rule on management of construction investment costs, reads a decree recently issued by the Government.

The National Assembly Standing Committee spent the whole day discussing reports evaluating the implementation of the socio-economic development plan and State budget in 2019 during the ongoing 38th session in Hanoi on October 15.

The National Assembly Standing Committee convened the 38th meeting on October 14 with several draft laws and important reports on its agenda.

Prime Minister Nguyen Xuan Phuc has ordered that more drastic solutions to be taken to speed up the disbursement of public investment capital, which he described as an urgent task from now through 2020.

Vietnam’s economy maintained growth across all sectors, especially tourism, in the first eight months of 2019 despite global economic challenges and escalating trade tensions, Prime Minister Nguyen Xuan Phuc said at a cabinet meeting in Hanoi on Wednesday.

The seventh session of the 14th National Assembly (NA) will spend 12 days for lawmaking work with expected passage of seven laws and two resolutions, along with discussion of nine bills, NA Chairwoman Nguyen Thi Kim Ngan said on May 20 at the opening meeting of the session.

The Ministry of Planning and Investment is working on a draft law on investment in the form of public-private partnership, requiring PPP projects to have the total investment of at least VND 200 billion (USD 8.8 million).

The seventh session of the 14th National Assembly (NA) on May 28 received split opinions on whether the NA or the Government should have the authority to set the amount of capital allocated to each State budget-invested project in the mid-term plan.