(VOV) -An international seminar took place in Hanoi on October 28 discussing the status of anti corruption preventive measures and asset recovery in Vietnam.
The Ministry of Planning and Investment (MPI) held a conference on October 1 with a focus on the development of a strategy to supervise and evaluate public investment in the 2015-2020 period.
The implementation of economic restructuring processes in public investment, State-owned enterprises and the banking system was the focus of the National Assembly (NA) Standing Committee's 31st session on October 1.
(VOV) -Vietnam has not yet built a standard to evaluate its public debt, said Dr. Nguyen Duc Kien, Vice Chairman of the National Assembly Committee for Economic Affairs.
National Assembly (NA) deputies adopted the Law on Public Investment and the revised Construction Law at a plenary session on June 18.
(VOV) - Four Cabinet members will be grilled over hot issues at the ongoing session of the National Assembly in Hanoi, starting from June 10-12, NA Office Chairman Nguyen Hanh Phuc announced.
The State Audit of Vietnam (SAV) will focus on auditing economic restructuring activities and the efficiency of public investment and assets this year, says Deputy State Auditor General Le Minh Khai.
(VOV) - Scattered public investment causes policymakers major headaches and costs major national economic losses. Resolving the issue is no easy task.
(VOV) - The public investment/GDP ratio has fallen from 31.1% in 2012 to 29.1% in 2013, a decline mirroring the 20.3% to 18.7% year-on-year slide in its State budget share.
(VOV) - With 97.59% of votes in favour, the National Assembly passed the amended 1992 Constitution at its plenary session in Hanoi on November 28.
(VOV) - The Government has proposed the National Assembly raise the 2013-14 budget deficits to 5.3% of GDP to meet development investment requirements and pay debts.
(VOV) -Reducing public and foreign debts to a level below the manageable threshold and ensuring national financial security demands enhancing the efficiency of public investment.
(VOV) - The Vietnamese Government and localities have affirmed their stronger determination to combat corruption in collaboration with international agencies.
(VOV) - Bad debts owed by State-owned enterprises (SOEs) are currently estimated at VND200,000 billion (70 percent of the country’s total bad debts), with State groups and corporations accounting for around VND153,000 billion (53 percent).
Vietnam’s Law on the Sea was adopted by 495 out of 496 National Assembly (NA) deputies on June 21, accounting for 99.8 percent of the vote.
Vietnam is aiming for monthly credit outstanding growth of 2 percent in the second half of this year to reach an average annual rate of 12-13 percent.
Breakthroughs are needed to improve the effectiveness of public investment by clarifying areas that require proper investment, assigning responsibility to relevant agencies, and ensuring financial transparency.
The Prime Minister has recently asked ministries, agencies and localities to tighten management of State capital sources in an effort to stop scattered investment and optimize the efficiency of State-funded projects.
The government is making every effort to restructure public investment to stop scattered investment and waste, Prime Minister Nguyen Tan Dung assured the National Assembly on November 25.
Donors called on Vietnam to restructure public investment to foster quality growth at a workshop in Hanoi on October 4.