A session of the National Assembly’s Standing Committee. Illustrative image
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Regarding law-making activities, the NA Standing Committee will give opinions on five bill projects, including the Law on Amending and Supplementing Several Articles of the Law on Product and Goods Quality; the amended Law on Railways; the Law on Personal Data Protection; the Law on Emergency Status; and the Law on Participation in the United Nations Peacekeeping Forces.
Additionally, the NA Standing Committee will consider a draft resolution on interpreting the standards of a “clean and strong party and mass organization” in the Law on Emulation and Reward.
The NA Standing Committee will also provide opinions on the explanation, adoption, and amendment of three draft laws. These include the Law on Special Consumption Tax (amended); the Law on Enterprise Income Tax (amended); and the Law on State Capital Management and Investment in Enterprises.
In terms of supervision, the NA Standing Committee will examine the report on the National Assembly’s citizen reception work in February 2025.
With regard to deciding important issues, the NA Standing Committee will give opinions on reducing land rent in 2024 and issuing a government decree on the same.
At the session, the NA Standing Committee will also provide opinions on the summary of the 9th extraordinary session of the 15th National Assembly.
– 05:28 10/03/2025
“SCB Bank: Operating in the Shadows for Years”
“There are still many shortcomings in the supervision and inspection of commercial banks’ operations. Take the example of SCB, which has existed for many years in a state of opacity without any consequences,” said Mr. Le Xuan Nghia, a member of the National Financial and Monetary Policy Advisory Council and former Vice Chairman of the National Financial Supervisory Commission.
The Week of November 25-30: Parliament Concludes Session with Key Personnel Appointments
In its final week of the 8th session, the 15th National Assembly of Vietnam will deliberate on several significant agenda items before concluding on November 30th. This pivotal week, commencing November 25th and enduring until the 30th, encapsulates pivotal discussions that will shape the nation’s trajectory.
“Securities Industries Unite: Vietnam and China Strengthen Ties with Information Sharing Agreement”
The Chairman of the Vietnam Securities Commission (VSC) drew parallels between the country’s securities regulatory body and that of China, emphasizing the need for more frequent exchanges to foster shared learning and growth.
The Government Directs the State Bank of Vietnam to Finalise the Plan for SCB’s Resolution by December
The government has instructed the State Bank of Vietnam to promptly finalize and submit to the competent authority a proposal for the mandatory transfer of the remaining banks under special control. They have also been tasked with finalizing a handling plan for the Saigon Commercial Joint Stock Bank (SCB) by December 2024.
The Central Bank’s Strategy for Handling Weak Banks
The State Bank of Vietnam has pledged to focus on developing and approving restructuring plans for weak banks through 2025. Their aim is to address and resolve the issues of these underperforming financial institutions, with a key emphasis on ensuring no new weak banks emerge.
