Vietnam legislature’s ongoing session to mark 'historic breakthrough in institutional reform'

By Thang Quang, Minh Hue
Mon, May 5, 2025 | 3:53 pm GMT+7

The National Assembly's session which opened on Monday morning will make a critical step forward in institutional reform, paving the way for a new era of modernization, digital transformation, green growth, and sustainable development, said the parliament's Chairman Tran Thanh Man.

National Assembly Chairman Tran Thanh Man delivers an opening speech at the legislature's session on May 5, 2025. Photo courtesy of the legislature.

National Assembly Chairman Tran Thanh Man delivers an opening speech at the legislature's session on May 5, 2025. Photo courtesy of the legislature.

In his opening remarks, Man emphasized that the laws and resolutions passed during the extraordinary session in February 2025 have played a key role in advancing the comprehensive restructuring of the political system.

These reforms have eliminated institutional bottlenecks and created new opportunities for development, enabling the nation and localities to unlock resources and expand growth in alignment with the Party’s strategic directives.

Constitutional amendment: A strategic task

The ongoing sitting will span 37 working days over two phases, making it one of the most substantial sessions in the legislature’s history. Its agenda covers constitutional and legislative work, supreme oversight, and key national decisions.

Regarding constitutional reform, Man said the session will consider and adopt a resolution to amend and supplement several articles of the 2013 Constitution.

He described the effort as a politically and legally strategic mission that aims at institutionalizing major Party guidelines, particularly the reorganization of the state apparatus toward a lean, efficient, effective, and people-centered model.

To implement this initiative, the parliament will establish a drafting committee with a renewed approach to methodology and process. A key element will be extensive public consultation, which will serve as the foundation for revising and finalizing the draft resolution. The final version is expected to be adopted by June 30, 2025, and take effect from July 1, 2025.

During the session, the legislative body is scheduled to pass 34 draft laws and 14 draft resolutions, and seek feedback on six other bills.

These cover crucial areas including government organization, national defense and security, judicial reform, public finance, education, science and technology, data protection, innovation, and digital transformation.

On socio-economic and fiscal matters, the legislature will review and decide on a range of strategic issues related to development, national defense, security, and international integration.

These include approval of the 2023 state budget settlement, a supplemental assessment of the 2024 socio-economic development and budget execution, and a plan for 2025.

Man stated that the National Assembly plans to allocate at least 3% of the 2025 state budget to science and technology, innovation, and digital transformation, with the goal of achieving 8% GDP growth in 2025 and double-digit expansion in the following years.

Additional key legislative items include a resolution on merging some cities and provinces, the formation of a National Election Council, a decision to shorten the term of the current 15th National Assembly and all-level People’s Councils (2021-2026), and setting the election date for the 16th National Assembly and new People’s Councils for the 2026-2031 term.

The National Assembly Standing Committee will also issue resolutions on reorganization of commune-level administrative units.

1.5 days for Q&As

According to the top legislator, a total of 1.5 days will be dedicated to question-and-answer (Q&A) activity, focusing on areas directly impacting people’s lives and state management.

The legislature will also review the results of the 2025 oversight program and adopt the oversight agenda for 2026.

Man reaffirmed the historic significance of the ongoing session, describing it as a pivotal step in driving institutional reform which will usher Vietnam into a new phase of sustainable and modern development.

The session is scheduled to conclude on June 30.

Comments (0)
  • Read More
Vietnam aims to finalize negotiations for Ninh Thuan 1 nuclear power plant by August

Vietnam aims to finalize negotiations for Ninh Thuan 1 nuclear power plant by August

The Vietnamese government targets completing negotiations for Ninh Thuan 1 nuclear power plant in former Ninh Thuan province (now Khanh Hoa) by August 2025, and for Ninh Thuan 2 by May 2026 at the latest.

Energy - Fri, August 8, 2025 | 4:18 pm GMT+7

Software giant SAP invests $175 ml in R&D center in Vietnam

Software giant SAP invests $175 ml in R&D center in Vietnam

German software heavyweight SAP has officially launched a research & development center in Vietnam, with plans to invest more than €150 million ($175 million) over the next five years.

Industries - Fri, August 8, 2025 | 3:43 pm GMT+7

Carlsberg’s $130 mln plant expansion in central Vietnam set to start brewing next month

Carlsberg’s $130 mln plant expansion in central Vietnam set to start brewing next month

The expansion of Carlsberg’s brewery in Hue city, central Vietnam, with an investment of over VND3.4 trillion ($129.66 million), has entered trial runs and is scheduled to officially come into operation in September, according to a Carlsberg Vietnam report.

Industries - Fri, August 8, 2025 | 2:43 pm GMT+7

Indonesia promotes nickel-based EV battery production

Indonesia promotes nickel-based EV battery production

Indonesia is advocating regulations to encourage electric vehicle (EV) manufacturers to switch from the commonly used lithium-based batteries to nickel-based ones.

Southeast Asia - Fri, August 8, 2025 | 1:54 pm GMT+7

BRICS countries account for over 35% of Malaysia’s total foreign trade turnover

BRICS countries account for over 35% of Malaysia’s total foreign trade turnover

Malaysia’s trade with BRICS nations climbed to RM818 billion ($193.47 billion) in 2024, making up 35.2% of the country’s total global trade, according to the Ministry of Investment, Trade and Industry (MITI).

Southeast Asia - Fri, August 8, 2025 | 1:52 pm GMT+7

Vietnam consumer finance major F88’s stock hits ceiling price on UPCoM debut

Vietnam consumer finance major F88’s stock hits ceiling price on UPCoM debut

The stock of F88 Investment JSC (F88), a leading consumer finance company in Vietnam, hit its ceiling price of VND888,800 ($34) on Friday, the first day of trading on the Unlisted Public Companies Market (UPCoM).

Companies - Fri, August 8, 2025 | 1:32 pm GMT+7

US tariff unlikely to dent Vietnam’s long-term FDI appeal: broker

US tariff unlikely to dent Vietnam’s long-term FDI appeal: broker

The U.S. tariff gap between Vietnamese goods and those from four other Southeast Asian countries would not erode Vietnam’s competitive edge in manufacturing and investment, said Hanoi-based Vietcombank Securities (VCBS).

Economy - Fri, August 8, 2025 | 12:24 pm GMT+7

Land clearance for Vietnam's North-South high-speed railway project to start on December 19

Land clearance for Vietnam's North-South high-speed railway project to start on December 19

Prime Minister Pham Minh Chinh has requested localities to start land clearance en masse for the gigantic North-South high-speed railway project on December 19.

Economy - Fri, August 8, 2025 | 11:52 am GMT+7

Vietnam might launch pilot digital asset exchange in August

Vietnam might launch pilot digital asset exchange in August

A digital asset exchange might be launched in August on a pilot basis, Deputy Minister of Finance Nguyen Duc Chi told a government press meeting on Thursday.

Finance - Fri, August 8, 2025 | 11:25 am GMT+7

Vietnam’s steel giant Hoa Sen spends $34 mln on land near Long Thanh airport for urban development

Vietnam’s steel giant Hoa Sen spends $34 mln on land near Long Thanh airport for urban development

Hoa Sen Group (HoSE: HSG), Vietnam’s top producer of coated steel products, has spent VND900 billion ($34.3 million) acquiring land for a major urban development project in the southern province of Dong Nai.

Real Estate - Fri, August 8, 2025 | 8:22 am GMT+7

Halal market presents major opportunities for Vietnamese businesses

Halal market presents major opportunities for Vietnamese businesses

The global Halal market is projected to reach $5 trillion by 2030, with Malaysia alone expected to hit $113.2 billion, said Shariza binti Abdul Rasheed, Halal product manager at Maybank Malaysia.

Economy - Thu, August 7, 2025 | 9:18 pm GMT+7

Steel major Hoa Phat to pour extra $130 mln into central Vietnam plant

Steel major Hoa Phat to pour extra $130 mln into central Vietnam plant

Vietnam’s leading steelmaker, Hoa Phat Group (HoSE: HPG), will increase investment in its Dung Quat 2 iron and steel production complex by VND3.4 trillion ($129.7 million) as part of an expansion plan.

Industries - Thu, August 7, 2025 | 8:03 pm GMT+7

Vietnam’s army-backed construction firm proposes 14 offshore wind power projects

Vietnam’s army-backed construction firm proposes 14 offshore wind power projects

Lung Lo Construction Corporation (LLC), under the Ministry of National Defense, has submitted investment proposals for 14 offshore wind power projects with a combined capacity of 9,000 MW.

Energy - Thu, August 7, 2025 | 5:07 pm GMT+7

Vietnam's agri major Hoang Anh Gia Lai fined for bond information disclosure failure

Vietnam's agri major Hoang Anh Gia Lai fined for bond information disclosure failure

Vietnam's agri major Hoang Anh Gia Lai JSC has been fined VND92.5 million ($3,528) for failing to disclose bond-related information as required by law.

Companies - Thu, August 7, 2025 | 4:31 pm GMT+7

Northern Vietnam province accelerates $2.2 bln LNG-to-power project

Northern Vietnam province accelerates $2.2 bln LNG-to-power project

Quang Ninh province will hand over 4.9 hectares of reclaimed land to the Quang Ninh LNG-fuelled power plant project before August 11, local authorities stated at a meeting on Wednesday.

Energy - Thu, August 7, 2025 | 4:17 pm GMT+7

Vietnam's seafood firms ride profit wave ahead of US tariff hike

Vietnam's seafood firms ride profit wave ahead of US tariff hike

Vietnam’s seafood companies reported surging profits in Q2/2025, driven by importers ramping up purchases ahead of new U.S. reciprocal tariffs.

Economy - Thu, August 7, 2025 | 2:21 pm GMT+7