national assembly news

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Hue’s designation as centrally governed city to be a landmark decision

The National Assembly reviews the designation of Hue as a centrally governed city, a decision hailed as historically significant by Minister of Home Affairs Pham Thi Thanh Tra.

Vietnam's film industry: Bright spots or deep-seated challenges?

Lawmakers caution against judging Vietnam’s film industry solely by high-grossing films as dozens struggle with financial losses.

Vietnam Health Ministry warns of rising e-cigarette and heated tobacco use

Amid increasing use, especially among high school students, the Health Ministry highlights the health and societal dangers posed by these unapproved products.

National Assembly backs 0% VAT on digital exports

To maintain competitiveness, the National Assembly’s Standing Committee suggests continuing the 0% VAT on exported digital products.

National Assembly prepares for Q&A with Health, Information & Financial chiefs

On November 11-12, top Vietnamese ministers will address Parliament on healthcare, banking, and media issues.

Revised Securities Law opens private bond market to individual investors

Individual professional investors can now buy private bonds, with requirements on investment duration and transaction frequency.

Revised Public Investment Law: Decentralization empowers local decision-making

The revised Public Investment Law promotes a breakthrough approach to decentralize authority to local governments, minimizing bureaucratic hurdles.

Late-night bidding and forfeitures spark concerns of market disruption

Lawmakers address concerns that inflated bids followed by forfeitures in real estate auctions are harming the market.

Lawmakers call for action on skyrocketing housing prices amid speculation

Lawmakers have raised concerns about speculative pricing in Vietnam's real estate market, citing the negative impact on buyers and overall market stability.

Housing prices in Hanoi, HCM City far exceed citizens' income levels

With a decline in social housing supply and rising costs, the government is urged to address affordable housing shortages and market imbalances.

National Assembly considers family policy changes as VN’s birth rate declines

To address low birth rates, Vietnam's lawmakers are considering changes to policies limiting Party members’ family size.

Minister of Home Affairs advocates for nationwide administrative reorganization

Minister of Home Affairs Pham Thi Thanh Tra emphasizes the need for comprehensive administrative reorganization across all levels, beyond just merging districts and communes.

Deputy PM calls for immediate tax collection on Temu to level e-commerce field

Deputy Prime Minister Ho Duc Phoc directs immediate tax collection from Temu, citing local market risks posed by cross-border e-commerce.

Minister warns policy delays stifling investment in energy projects

Minister of Industry and Trade, Nguyen Hong Dien, highlighted the current reality: investors are hesitant and lack motivation to initiate energy projects due to uncertainty around capital recovery mechanisms for large investments in the sector.

Debate on urban planning sparks suggestion for 'super city' concept

Lawmakers discussed urban planning classifications, with suggestions to clarify terms by possibly using "super city" for major urban centers under larger cities.

High bids at auctions followed by withdrawals harming housing market

Citing cases in which buyers bid sky-high prices and then give up the deals, National Assembly Economics Committee chair Vu Hong Thanh pointed out that problems at land auctions have recurred, having a negative impact on the housing market.

Vietcombank’s capital set to increase as Gov. proposes $848.5mil investment

With approval pending, the proposed capital aims to position Vietcombank among the top banks in Asia while driving economic support.

Concerns raised over drug price regulation and potential market monopolies

During a National Assembly session, Health Minister Dao Hong Lan stressed the need for drug price regulation to prevent market volatility.

Government proposes special mechanism for nuclear power investment

The amended Electricity Law includes provisions allowing the Prime Minister to implement a special mechanism for nuclear power investment, depending on socio-economic conditions.

Solemn opening of the eighth session of 15th National Assembly

The eighth session will be held in two phases, from now until November 13 and the second phase from November 20 to the morning of November 30, during which the NA will work four Saturdays.