Legislators discuss draft law on amendments and supplements to seven laws
Lawmakers are debating a draft law on amendments and supplements to a number of articles of seven laws and the draft Electricity Law as part of the 15th National Assembly (NA)’s ongoing 8th session in Hanoi on November 7.
At the 15th National Assembly (NA)’s ongoing 8th session. (Photo: VNA)
Hanoi (VNA) – Lawmakers are debating a draft law on amendments and supplements to a number of articles of seven laws and the draft Electricity Law a𝄹s part of the 15th National Assembly (NA😼)’s ongoing 8th session in Hanoi on November 7.
In the morning, NA deputies will discuss the draft law on amendments and supplements to a number of articles of seven laws, including the Law on Securities, the Law on Accounting, the Law on Independent Audit, the Law on State Budget, the Law on Management and Use of Public Assets, the Law on Tax Administration and the Law on National Reserves.
Deputy Prime Minister and Minister of Finance Ho Duc Phoc will clarify issues raised by NA deputies.
Recent socio-economic changes have caused difficulties and obstacles to the implementation of legal documents on finance. In that context, the Government and the Ministry of Finance have urgently reviewed, summarised and assessed the implementation of laws in the field of finance and budget and found that the seven laws need to be amended and supplemented.
According to Phoc, on October 18, the Government proposed shortened procedures to the NA for the draft law that amends and supplements a number of articles of the finance-related seven laws.
Le Quang Manh, Chairman of the NA’s Committee for Finance and Budget, said that his committee, the Economic Committee and other NA agencies agreed on the necessity to amend and supplement the draft laws to remove difficulties and institutional obstacles in the fields of finance and budget, thus improving the investment and business environment, attracting state and non-state resources to promote the country's socio-economic development.
In the afternoon, the NA will discuss the draft Law on Electricity (amended).
The 2004 Law on Electricity has been amended and supplemented four times in 2012; 2018; 2022 and 2023 with the latest version took effect in July this year. However, after nearly 20 years of implementation, there are still some issues that the provisions of the law have not met, and it is necessary to amend and supplement them to fully institutionalise the Party's policies and guidelines in the Politburo's Resolution No. 55-NQ/TW dated February 11, 2020 on the orientation of Vietnam's national energy development strategy to 2030, with a vision to 2045 as well as other resolutions and legal systems./.
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Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
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NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.