Fy20 budget resolution

Assembly passes budget resolution, 3 laws (23-06-2006) Passengers board an airplane at Noi Bai International Airport in Ha Noi. — VNA/VNS Photo Bui Tuong HA NOI — The National Assembly yesterday passed three laws as well as the Resolution on Ratification for the Clearing of the State Budgetary Balance for 2004. Law on Lawyers The Law on Lawyers, which will replace the July 2001 ordinance on January 1, 2007, was adopted yesterday with a nearly 84 per cent approval vote. Article 14 states that apprentice lawyers must complete 18 months of apprenticeship. They are allowed to help their senior lawyers in their duties, but not allowed to take up professional practise or have clients during their period of apprenticeship. This regulation ensures work quality, although it was described as rigid by some deputies during the debate on the law late last month. Lawyers are banned from providing legal services to clients who have conflicting interests in … [Read more...] about Assembly passes budget resolution, 3 laws

The monthly basic wage of State employees will increase from VNĐ1.39 million (US$59) to VNĐ1.49 million ($63) from July next month thanks to a resolution on next year’s State budget estimate adopted by the National Assembly yesterday.— VNA/VNS Photo Phương Hoa HÀ NỘI — The monthly basic wage of State employees will increase from VNĐ1.39 million (US$59) to VNĐ1.49 million ($63) from July next month thanks to a resolution on next year’s State budget estimate adopted by the National Assembly yesterday. Following the basic wage hike, pension, social insurance allowance and allowance for revolutionary contributors will be adjusted. The resolution assigned the Government to continue directing central and local agencies to streamline State payroll and reorganise the administrative apparatus. The portion of the State budget allocated for public units will be cut down to give priority to wage reform policy. The resolution estimates more than VNĐ1.41 quadrillion ($60 billion) for … [Read more...] about NA adopts State budget estimate

A view of the Pháp Vân-Cầu Giẽ Expressway in Hà Nội. National Assembly deputies on Wednesday agreed that detail funding allocation should be made for programmes in green growth, climate change adaptation, serious environment pollution cases and new rural area model. — VNA/VNS Photo Huy Hùng Viet Nam News HÀ NỘI — The 12th National Assembly on Wednesday approved a resolution for the State budget allocation for 2019, with total budget collection to exceed VNĐ1.411 quadrillion (US$61.34 billion) and total spending to hit more than VNĐ1.019 quadrillion. The NA asked the Government to allocate funding effectively and have plans to cut or reduce funding for tardy projects along with supplementing funding for efficient projects. Funds should be allocated to programmes in green growth, climate change adaptation, serious environmental pollution cases and new rural area models. The resolution also stated how much of the central budget is allocated to each field, ministry, … [Read more...] about NA passed 2019 state budget spending

The National Assembly Standing Committee began phase two of the 45th session in the morning of Monday. — VNA/VNS Photo Trọng Đức HÀ NỘI — The National Assembly Standing Committee began phase two of its 45th session yesterday morning, focusing on the draft resolution on financial and budget mechanisms and policies for Hà Nội. At the session, Minister of Finance Đinh Tiến Dũng presented a report on piloting some financial and budget mechanisms and policies, affirming the need to develop a resolution suitable to the city. According to a verification report, most of the members of the NA’s Committee for Finance and Budget agreed with the proposals. Chairman of the committee Nguyễn Đức Hải said the Government drafted the contents of the resolution. The ceiling of debts would be increased from 70 per cent to 90 per cent on the principle that the capital city must ensure its solvency. The city would be allowed to use the financial reserve fund to invest in … [Read more...] about NA Standing Committee discusses financial and budget policies for Hà Nội

Lawmakers approved a resolution on State budget estimates for 2016 with a majority of votes yesterday. — VNA/VNS Photo Nguyen Dan HA NOI (VNS) — Lawmakers approved a resolution on State budget estimates for 2016 with a majority of votes yesterday. Accordingly, the budget revenue is projected at VND1,019 trillion (US$45.9 billion), while total spending will be VND1,273 trillion ($57.3 billion), resulting in a deficit of VND254 trillion (nearly $11.3 billion), equivalent to 4.95 per cent of GDP. The resolution calls on the Government to implement a tight fiscal policy together with monetary policy in order to support production and business, continue stabilising the macro economy, control inflation, and ensure higher economic growth than in 2015. Attention must be paid to intensifying supervision over and transparency of budget use, especially in the fields prone to corruption and wastefulness, cutting down unnecessary and ineffective expenses, and strengthening inspections to … [Read more...] about NA adopts 2016 budget with forecast deficit at 5% of GDP

NA to pass 14 laws, one resolution at 8th session (15-10-2005) HA NOI — The 11th National Assembly (NA) will discuss and pass 14 laws, one resolution and debate nine draft laws at the 8th session, announced Chairman of the NA Office Bui Ngoc Thanh yesterday. The parliament, Thanh said, would also reform its style of discussions to encourage more deputies take part and improve the quality of debates so as to enhance the laws to be passed. Deputies were expected to register for debates over laws they are interested in, Thanh told a press conference yesterday. The 14 laws and one resolution to be passed included the revised Law on Environmental Protection, Law on Bill of Exchange, Law on Intellectual Property, Law on E-transaction, Law on Housing, Law on Youth, Law on Anti-corruption, Law on Complaints and Denunciations, Law on Bidding, and the resolution for a programme to build laws and ordinances for 2006. In addition, Thanh said the NA would discuss nine draft … [Read more...] about NA to pass 14 laws, one resolution at 8th session

People’s Council approves resolution on special policy for HCM City. — VNS photo Hoàng Nam Viet Nam News HCM CITY — The seventh extraordinary meeting of the HCM City People’s Council 9th term wrapped up yesterday after approving resolutions to implement the recent National Assembly resolution No 54 for “piloting a special mechanism and policy for the development of HCM City”. “The extraordinary meeting of the municipal council expresses the strong will and determination of the city to bring the recent National Assembly resolution No 54 (which came into effect in mid-January) into daily life as soon as possible,” chairwoman of the council Nguyễn Thị Quyết Tâm said. The approved resolutions cover the following areas: adjustment of automobile parking fees on some pavements and roads; adjustment of environmental protection fee for industrial waste water; an income increase for public workers based on their capability; public investment in the A group which uses the city … [Read more...] about People’s Council approves resolution on special policy for HCM City

NA committee debates construction resolution (29-04-2006) HA NOI — The 39th meeting of the National Assembly Standing Committee, chaired by Chairman Nguyen Van An yesterday, discussed revisions and amendments to the Resolution on Standards for the Nation’s Key Construction Projects. Calling for clearly demarcating the civil construction side from planning for the project, Vu Mao, Chairman of the National Assembly’s Committee on External Affairs, suggested involving provincial people’s committees in deciding investment policies for construction works in localities, not under the management of the NA, to enhance supervision and increase the effectiveness of investments. In terms of investment scale, many delegates agreed that construction works or projects with an investment from VND20 trillion (US$1.2 billion), using capital from the State budget, and those from VND25 trillion ($1.6 billion), mobilising capital from other sources, must be submitted to the NA for … [Read more...] about NA committee debates construction resolution

Party Central Committee issues resolution on corruption, thrift (31-07-2006) Party General Secretary Nong Duc Manh makes the closing speech at the tenth Party Central Committee’s third Conference.—VNA/VNS Photo Dinh Xuan Tuan HA NOI — The tenth Party Central Committee (PCC) issued a resolution on "intensifying the Party’s leadership to prevent and combat corruption and wastefulness" at its third conference held in Ha Noi from July 24-27. The resolution, implementing the tenth Party Congress’s resolution on completely preventing and defeating corruption and waste, lists unified viewpoints and has reached comprehensive short – and long-term solutions to prevent and ward off corruption and wasteful spending, creating a visible change in this fight. The PCC met under the chairmanship of General Secretary Nong Duc Manh, who delivered the opening and closing speeches. "The combating of corruption and waste, has therefore emerged as not only an immediate … [Read more...] about Party Central Committee issues resolution on corruption, thrift

HCMC proposes using State budget for road projects By Le Anh Vehicles travel on a section of National Highway 1A in HCMC. The HCMC Department of Transport has proposed using the State budget to fund projects to expand National Highways 13, 22, 1A and 50 – PHOTO: LE ANH HCMC – The HCMC Department of Transport has proposed using the State budget to fund projects to expand National Highways 13, 22, 1A and 50, instead of calling for build-operate-transfer (BOT) and build-transfer (BT) investors. Speaking at a meeting on the progress of traffic projects on May 29, the department noted that the investors in these projects had earlier proposed developing them under BOT and BT formats, but the expansion projects would be executed on the current routes. In line with the National Assembly’s Resolution 437, especially since the Government has yet to issue regulations on allocating land to BT investors, it is necessary to switch the investment method to public investment, … [Read more...] about HCMC proposes using State budget for road projects