Finance Minister Dinh Tien Dung was grilled about finance and budget-related issues within his remit during the 14th National Assembly’s 10th sitting on November 9.
Hanoi (VNA) - Finance Minister Dinh Tien Dung was grilled aboutfinance and budget-related issues within his remit during the 14th NationalAssembly’s 10th sitting on November 9.
In reply to deputy Le Cong Nhuong’s query onhow budget collections and spending together with reductions in public debt andoverspending can be ensured when GDP growth is under 6 percent, Dung said theGovernment will closely follow the estimates assigned by the legislature.
The ministry will work with other ministries,sectors, and localities to resolve difficulties in the business environment andboost GDP growth, he said.
Vietnam could post growth of 2-3 percent in2020; far lower than the 6.8 percent set at the beginning of the year.
In 2021, therefore, the Government will speedup the disbursement of public investment and stimulate domestic demand, whilethe Finance Ministry will strengthen taxation management and intensify checksand inspections to prevent transfer pricing and tax evasion and also increase thecollection of tax debts.
If major fluctuations were to occur, theministry would follow the principles and regulations in the Law on State Budgetto report to the legislature, he added.
Responding to deputy Mai Sy Dien’s question onenvironmental protection costs, the minister acknowledged that not all spendingon environmental protection is made.
In 2016-2020, for example, such spending was 2.4trillion VND (103.5 million USD) less than the estimate, he said.
According to regulations, every October, whenthe Government reports to the NA on State budget estimates, ministries, sectorsand localities must approve tasks on environmental protection as a foundationfor estimate allocation. This work, however, is often quite slow.
Dung stressed the need for ministries, sectors,and localities to speed up such approval./.
Deputy Prime Minister Vu Duc Dam answered questions from several National Assembly (NA) deputies on Vietnam’s COVID-19 prevention and control measures in the time ahead as well as progress in the country’s vaccine research, at a Q&A session of the 14th NA’s 10th sitting on November 6.
The 14th National Assembly will continue question & answer (Q&A) sessions on issues related to the implementation of its resolutions on thematic supervision and Q&A during the 14th tenure and several resolutions of the 13th legislature, during the week from November 9 to 13.
Government members on November 9 are responding to legislators’ questions about issues related to the implementation of the National Assembly (NA)’s resolutions on thematic supervision and question-and-answer (Q&A) activities in the 14th tenure, along with some resolutions adopted in the 13th tenure.
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.
Finance Minister Dinh Tien Dung (Source: VNA) 
