Vietnam's economy exceeded expectations in the first quarter of 2024, posting a 5.66% growth rate, the highest for the same period since 2020. This positive performance is attributed to effective government policies and a resilient private sector.
As Vietnam’s legislative body prepares for its 7th extraordinary session, the focus turns to vital personnel decisions crucial for the nation’s governance.
In a significant shake-up within the Party, NA Chairman Vuong Dinh Hue resigns from all positions following revelations of serious breaches of Party norms and state laws.
On August 29, the National Assembly (NA) Standing Committee held an extra-ordinary session to consider issues relating to the Socio-economic Development Restoration Program and the budget. Many NA deputies have assessed that implementation of the Socio-Economic Recovery Program has been slow due to many obstacles in need of resolution.
The National Assembly (NA) has approved a Resolution on piloting a number of specific mechanisms and policies for the development of the Mekong Delta’s Can Tho city. The city is permitted to borrow up to 60 per cent of its budget revenue and can decide on changing the land use purpose of rice land of less than 500 ha. The pilot will begin on March 1.
A Resolution on national land use planning for the 2021-2030 period and vision to 2050, approved by the National Assembly (NA) on November 13, requires amendments to the Land Law and related laws to ensure consistency in improving the efficiency of land management and use, with criteria to soon be issued allowing the conversion of rice and forest land use purposes.