NA approves resolution on state budget allocation plan for 2025
The National Assembly passed a resolution on state budget allocation plan for 2025 with all 432 deputies present at the November 13 afternoon sitting voting in favour.
The National Assembly passes a resolution on state budget allocation plan for 2025. (Photo: VNA)
Hanoi (VNA) – The National Ass♎embly passed a resolution on state budget allocation plan for 2025 ✃with all 432 deputies present at the November 13 afternoon sitting voting in favour.
The resolution specifies that the total central budget revenue is set at over 1.020 quadrillion VND, while the total local budget revenue is over 946.67 trillion VND.
The NA decided to allocate 60 trillion VND from the state budget’s accumulated funds for wage reform, while transferring over 50.6 trillion VND from the local budget’s wage reform funds left from 2024 to the 2025 budget.
Meanwhile, the total central budget expenditure is over 1.523 quadrillion VND, including an estimated allocation of 248.78 trillion VND to balance the budget.
The NA requested the Government to direct and guide ministries, central and local agencies, and provincial and municipal authorities to allocate state budget funds in a focused and prioritised manner, ensuring compliance with the conditions and order of priorities outlined in the Law on Public Investment, as well as resolutions of the NA and the NA Standing Committee.
The legislature also demanded stricter financial discipline and accountability, and severe penalties for violations that delay the allocation and disbursement of funds.
Earlier the same day, the NA approved a resolution on state budget estimates for 2025 with 428 out of 430 legislators present at the sitting voting in favour./.
With 428 out of 430 legislators present at the sitting voting in favour, the National Assembly (NA) approved a Resolution on state budget estimates for 2025 at its ongoing 8th session in Hanoi on November 13 morning.
The 15th National Assembly (NA) concluded question-and-answer activities at its ongoing 8th session on November 12 afternoon, with a high sense of responsibility and determination shown by the Government, agencies, and organisations in the entire political system to secure the highest possible socio-economic results for 2025 and beyond.
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.
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.
