NA leader chairs discussion on draft revised Cooperative Law
National Assembly (NA) Chairman Vuong Dinh Hue on February 17 chaired a discussion on the draft Cooperative Law (revised), which will receive the final consideration from the NA Standing Committee in the time to come before being submitted to the legislature's upcoming fifth session for approval.
National Assembly Chairman Vuong Dinh Hue addresses the discussion. (Photo: VNA)
Hanoi(VNA) – National Assembly (NA) Chairman Vuong Dinh Hue on February 17 chaired a discussion on the draft Cooperative Law (revised), which will receive the finalconsideration from the NA Standing Committee in the time to come before beingsubmitted to the legislature's upcoming fifth session for approval.
Hueunderlined that although the contribution proportion of cooperatives to the country’s GDP isnot very high, this is an important economic sector that has a closeattachment to the nation's socio-economic development in general, especially in agricultural andnew-style rural development.
According to Chairman of the NA Economic Committee Vu Hong Thanh, relevantparties have reached consensus on many issues of the bill, including those ininternal credit activities and cooperative audit, but there are still manyissues with different opinions, including the name of the law, as well as issuesrelated to Cooperative Federation, representative organisation and CooperativeAlliance.
An overview of the discussion. (Photo: VNA)
Participants agreed to keep the name of the bill unchanged as the CooperativeLaw (revised) as well as the regulations of internal credit not for profit but for the purpose of capitalpreservation.
The most important thingis that policies to encourage cooperative development must be feasible,accessible and easy to come into life, especially preferential policies onland, credit, tax, and social insurance, they said.
Participants also pointed out difficulties in forming internal auditing bodies of cooperatives.
Concluding thediscussion, Hue asked the NA Economic Committee and the Ministry ofPlanning and Investment as well as relevant agencies to come up with a singleoption to submit to the NA and NA Standing Committee.
He also asked DeputyPrime Minister Tran Luu Quang to consult the Government again to soon agree onmajor issues raised at the discussion./.
A delegation of the Ministry of Planning and Investment paid a visit to Israel from September 4 to 9 to learn experience in developing the collective economy and cooperatives there.
Deputy Prime Minister Le Minh Khai on January 3 signed a decision approving a project on supporting cooperatives which are managed by women and create jobs for female labourers.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
The General Secretary underlined the resolve to achieve a growth rate of at least 8% in 2025, laying the groundwork for double-digit growth in the following period. He noted that these are mandatory targets, with no alternative path to success.
Restructuring and improving the quality of officials, civil servants, and public employees is no longer a choice, but an urgent requirement to transition from administrative management to governance in service of the people.
The Vietnamese Embassy in Israel has advised Vietnamese people living there to proactively prepare and seek ways to leave the country via land border crossings, especially toward Jordan or Egypt, when security and safety conditions allow.
National Assembly Chairman Vuong Dinh Hue addresses the discussion. (Photo: VNA) 
An overview of the discussion. (Photo: VNA) 
