Vietnam’s 15th parliament wraps up third session
Key decisions have been made for the country to move forward not only for 2022 but also for the 2021-2025 period and subsequent years.
Vietnam’s National Assembly (NA) today [June 16] wrapped up its third session after 19 working days.
| Overview of the session. Source: quochoi.vn |
At the closing ceremony, the NA Chairman Vuong Dinh Hue noted the third session ended successfully by completing all of its working agenda.
“The session completed a huge work volume with high consensus among deputies. In this regard, key decisions have been made not only for 2022 but also for the 2021-2025 period and subsequent years,” Hue said.
In this session, the NA voted and approved five laws, 16 resolutions on specific issues, and one resolution for the session.
NA deputies have also given their opinions on six draft laws and resolutions.
According to Hue, the NA spent a big portion of its time discussing the realization of Vietnam’s 2021 socio-economic development and the state budget performance; and the socio-economic situation in the first five months of 2022.
| NA Chairman Vuong Dinh Hue. |
Hue also pointed out shortcomings and weaknesses in some fields and sectors, as well as challenges and opportunities for Vietnam amid growing global uncertainties, rising inflationary pressure, and the volatile situation of the finance, stock, and real estate markets.
Meanwhile, resolutions on future visions and objectives have also been put in place for the Government to continue pursuing socio-economic objectives for the 2021-2025 period, especially in accelerating public investment and the implementation of the socio-economic recovery program.
Among key issues of national priorities, Hue said for the first time in a NA session, five projects at national levels have been approved with a total investment capital of VND392.6 trillion ($16.9 billion) right in the first year of the NA’s five-year term.
“All are key transport projects of high urgency and with spillover effects for national defense security, boosting provincial linkage and socio-economic development,” he added, referring to the Ring road No.3 in Ho Chi Minh City; Ring road No.4 in Hanoi’s metropolitan area; expressways section Bien Hoa – Vung Tau, Khanh Hoa – Buon Me Thuot, Chau Doc – Can Tho – Soc Trang.
Hue also mentioned the irregular discussion on personnel issues in this session, resulting in the dismissal of Minister of Health Nguyen Thanh Long from his position for severe violation in the Covid-19 test kit scam of Viet A Company.
For resolutions in this third session soon coming into life, Hue called for the Government to ensure effective implementation of laws and regulations for speedy socio-economic recovery and maintaining social welfare in the post-pandemic period.
Hue expressed his strong belief that with the solidarity of the people, the business community, and the involvement of the entire political system, Vietnam would achieve all socio-economic targets in 2022 and the 2021-2025 period for eventually prosperity.
Ring road No.4 with a total length of 112.8 kilometers and covering a combined area of 1,341 hectares, would run through Hanoi (58.2 kilometers), Hung Yen (19.3 kilometers), and Bac Ninh (25.6 kilometers). Once completed, the project is expected to bolster provincial connectivity between Hanoi and the northern provinces in the capital area. The total investment cost of the project is VND85.8 trillion ($3.7 billion), with VND41.8 trillion ($1.8 billion) for the 2021-2025 period sourced from the state budget. Of the total, Hanoi would contribute VND22.47 trillion ($967.2 million) from its local budget, Hung Yen VND1 trillion ($43 million), and Bac Ninh VND2 trillion ($86 million). In the subsequent five years, the project funding would continue to be allocated VND14.5 trillion ($624.2 million), with Hanoi contributing VND4 trillion ($172 million), Hung Yen VND505 billion ($21.7 million), and Bac Ninh VND1.16 trillion ($50 million). |
