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| At the 15th NA's sixth session__Photo: VNA |
The 15th National Assembly entered its 11th working day of the sixth session in Hanoi on November 6 under the chair of NA Chairman Vuong Dinh Hue.
In the morning plenary session, Deputy Prime Minister Tran Luu Quang presented a report on the implementation of the 14th NA’s certain resolutions regarding thematic oversight and Q&A sessions and similar resolutions from the beginning of the 15th NA term until the end of the fourth session.
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| Finance Minister Ho Duc Phoc__Photo: VNA |
Minister of Finance Ho Duc Phoc reported to the NA that the country's credit rating benefited from a positive outlook from international communities, resulting in an upgrade to “prosperous and stable” or BB levels. The rating helps build investor confidence in Vietnam.
Answering questions from NA deputies, the minister said in his working session with S&P Global Ratings and Moody’s Investors Service during his recent working trip to the US, the rating companies hailed the Vietnamese financial market, and encouraged businesses to invest in Vietnam for dynamic growth.
They put many questions on Vietnam’s settlement of bad debts, disbursement of public funds, and the recovery of the real estate market, and expressed trust in Vietnam's solutions, he added.
The minister said the Finance Ministry is working with the State Securities Commission and the Ministry of Planning and Investment to implement measures to improve the rating of the country's stock market.
In reply to deputies' questions about the implementation of the NA's Resolution 74/2022/QH15 on stepping up implementation of laws and policies on thrift practice and anti-wastefulness, Phoc said the Finance Ministry will enhance inspections and examination, while building a database on public assets to keep a close watch on the assets for more efficient management, he stressed.
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| At the Q&A session__Photo: VNA |
Regarding questions on challenges in public asset management, including a lack of uniform legal documents on the issue, Phoc said the Government issued 20 decrees, the Prime Minister issued three decisions and the Ministry of Finance issued 15 circulars to guide the implementation of the Law on Management and Use of Public Assets which was adopted in 2017.
However, he admitted that the law has shown some shortcomings, adding that in the time to come, the Ministry of Finance will propose the NA and its Standing Committee to amend the law.
Later, Minister of Planning and Investment Nguyen Chi Dung, Governor of the State Bank of Vietnam Nguyen Thi Hong, Chairman of the NA's Finance-Budget Committee Le Quang Manh, and Deputy Prime Minister Le Minh Khai also joined in the Q&A activity on planning and investment, finance and banking activities.
In the afternoon, the Ministers of Industry and Trade, Agriculture and Rural Development, Transport, Construction, and Natural Resources and Environment and Deputy Prime Minister Tran Hong Ha answered questions regarding the implementation of the 14th NA’s resolutions and those from the beginning of the 15th NA term until the end of the fourth session, and activities in the fields of industry and trade, agriculture and rural development, transport, construction, natural resources and environment.
On November 7, the legislature will spend the whole day on Q&A activity on the implementation of the above resolutions.-(VLLF)
