With 459 “yes” votes from 460 attending deputies, or 94.25%, the 15th National Assembly (NA) adopted a resolution approving the State budget settlement for 2022 on June 24 as part of the legislature’s ongoing seventh session.
At the NA working session in Hanoi on June 24. (Photo: VNA)
Hanoi (VNA) – With 459 “yes” votes from 460 attending deputies, or 94.25%, the 15th National Assembly (NA) adopted a resolution approving the State budget settlement for 2022 on June 24 as part of the legislature’s ongoing seventh session.
Chairman of the NA Committee for Financial and Budgetary Affairs Le Quang Manh said many deputies pointed out lingering shortcomings in drafting and implementing the State budget estimates and settlement at some ministries, sectors and localities, and urged solutions to this problem.
He said that the NA Standing Committee asked the Government to deal with the slow submission of documents on State budget settlement, including that for 2022, while considering the adjustment of the State Budget Law’s regulations on the procedures for deciding State budget settlement and relevant laws to shorten the time and procedures for making annual State budget settlement.
The NA Standing Committee also agreed with deputies’ opinions that the information and data on finalisation of revenues, expenditures, and State budget deficit in 2022 changed quite significantly compared to those reported by the Government at the parliament's fifth session, which was not been reported to the NA Standing Committee to enable the supplementation of the 2022 state budget estimates.
🅠 Therefore, the NA Standing Committee proposed that the NA consider approving the addition of over 3.1 trillion VND (121.77 million USD) to the 2022 State budget revenue estimate to ensure the compliance with the State Budget Law. It asked the Government to order the Finance Ministry, other ministries, sectors and localities to draw lessons from, bear responsibility for and not repeat the act of updating and adjusting data after the settlement adjustment period, Manh added./.
The 7th session of the 15th National Assembly opened on May 20 and is expected to close on June 28 at National Assembly House in Hanoi. The sitting will be conducted in 2 phases (May 20 to June 8, and June 17 to June 28). The expected total working time is 26.5 days.
The tax sector collected more than 1,048 trillion VND (nearly 43 billion USD) for the State budget in the first nine months of 2023, equivalent to 76.3% of the estimate for the whole year and 94.9% compared to the figure in the same period last year, the General Department of Taxation reported on October 4.
State budget revenue in 2023 is projected at 1.62 quadrillion VND (68.5 billion USD), up 0.4% from 2022, according to a report on state budget, which was exclusively made for the public.
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.
