Lawmakers debate revisions to Law on Credit Institutions
Deputies of the 14th National Assembly on October 26 debated the draft bill on amendments and supplements to some articles of the Law on Credit Institutions.
Head of the NA Economic Committee Vu Hong Thanh delivers report on the draft bill on amendments and supplements to some articles of the Law on Credit Institutions (Source: VNA)
Hanoi (VNA) – Deputies of the 14th National Assembly onOctober 26 debated the draft bill on amendments and supplements to somearticles of the Law on Credit Institutions.
The discussion focused on the principle of placing credit institutionson special control, the plans of compulsory transfer, restructuring ofinstitutions and commercial banks subject to special monitoring.
The deputies debated the structure, authority and tasks of the Committeefor special monitoring of the institutions, as well as the mission and power ofthe State Bank of Vietnam to credit institutions placed under special watch.
They also gave ideas on the unity of the bill to some articles of theConstitution and other relevant laws.
At the same time, the lawmakers gave opinions to a report verifying thebill on amendments and supplements to several articles of the Law on OverseasRepresentative Mission of the Socialist Republic of Vietnam.
Earlier, with the majority of ‘yes’ votes, the deputies approved the appointmentof Nguyen Van The as Minister of Transport and Le Minh Khai as GovernmentInspector General by secret ballot. They also adopted the resolution on theapproval of the Prime Minister’s proposal on the appointments.
On October 27, the deputies are scheduled to debate the verificationreport on the feasibility study of the project on land retrieval, compensation,support and re-settlement for Long Thanh international airport, and discuss ingroup the revised Competition Law.
They will also discuss some contents of the revised Law onFisheries.-VNA
The National Assembly (NA) discussed the draft law on planning and voted on the relief of the Minister of Transport and the Government Inspector General during its plenary meeting on October 25, part of its ongoing fourth session.
The National Assembly reviewed reports on the draft Law on State Secret Protection and Law on Cyber Security during its fourth session in Hanoi on October 25.
The National Assembly (NA) voted on the appointment of new Minister of Transport and Government Inspector General via secret ballot at its ongoing fourth session on the morning of October 26.
The National Assembly ratified the appointment of Nguyen Van The to the post of Minister of Transport and Le Minh Khai to the post of Government Inspectorate General at its fourth session on Oct. 26.
Stronger efforts and determination are required to achieve and surpass the set targets, especially in the eradication of makeshift and dilapidated houses nationwide, the acceleration of public investment disbursement, and the implementation of nationally important transport projects, PM Pham Minh Chinh noted.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
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.
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.
Head of the NA Economic Committee Vu Hong Thanh delivers report on the draft bill on amendments and supplements to some articles of the Law on Credit Institutions (Source: VNA)
