The question and answer session of the 14th National Assembly’s fourth sitting on November 16 was heated up with issues regarding tax, public debt and monetary policy management.
Minister of Finance Dinh Tien Dung at the Q&A session (Source: VNA)
Hanoi (VNA) – The question andanswer session of the 14th National Assembly’s fourth sitting on November 16 washeated up with issues regarding tax, public debt and monetary policymanagement.
Minister of Finance Dinh Tien Dung cleared up queries on administrative reformin the tax and customs sector, tax fraud, tax debt, the ministry’sresponsibility for tax management, the increase of value added tax on a numberof goods and import duty reduction.
He was also grilled on solutions to manage public debt safely and effectively,focusing on the setting of public debt ceiling and the implementation of theLaw on Public Debt Management.
Deputy Prime Minister Vuong Dinh Hue and Ministry of Planning and InvestmentNguyen Chi Dung also made it clear the above-mentioned matters.
Concluding the hearing session of this group, National Assembly ChairwomanNguyen Thi Kim Ngan asked the Finance Minister to address the shortcomings andanswer in writing the remaining questions.
Governor of the State Bank of Vietnam (SBV) Le Minh Hung fielded questions onmanaging the monetary policy to ensure support for production and businessactivities as well as reasonable credit growth, and restructuring the bankingsector.
Questions regarding bad debt settlement, bitcoin management, non-cash paymentand enterprises’ access to preferential loans to develop high-tech and cleanagriculture were also responded by the official.
Hung is scheduled to continue his Q&A session on November 17.
The hearing session was broadcast live by national television and radiochannels and covered widely by the media.-VNA
Minister of Finance Dinh Tien Dung pointed out shortcomings in public debt management and put forth solutions to overcome in the coming time while answering questions raised by lawmakers at the fourth session of the 14th National Assembly in Hanoi on November 16.
Measures to improve the efficiency of public investment were among issues mentioned by Minister of Planning and Investment Nguyen Chi Dung at the Q&A session on November 16 of the 14th National Assembly (NA)’s ongoing fourth session.
The Government will not raise public debt ceiling in order to ensure debt payment capacity and balance the national financial system, said Deputy Prime Minister Vuong Dinh Hue during the hearing session of the 14th National Assembly’s fourth sitting on November 16.
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.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
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.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
Minister of Finance Dinh Tien Dung at the Q&A session (Source: VNA) 
