Vietnam parliament to vote on land, credit laws in mid-Jan extraordinary plenum
The National Assembly, Vietnam’s highest legislative body, is set to conduct an extraordinary meeting next month, featuring votes on draft amended laws on land and credit institutions on the agenda.
The event is set to take place on January 15-17 and January 19, said National Assembly (NA) General Secretary Bui Van Cuong during an NA Standing Committee gathering on Monday to preview the upcoming plenum.
National Assembly General Secretary Bui Van Cuong speaks at a meeting of the National Assembly Standing Committee in Hanoi on December 18, 2023. Photo courtesy of the National Assembly.
Other key tasks of the upcoming sitting include votes on a draft resolution on special mechanisms and policies to speed up national target programs, a draft resolution on increasing medium-term public investment in 2021-2025, and public investment for state utility Vietnam Electricity (EVN).
Vietnam’s current Land Law took effect in July 2014. Since 2019, the law has undergone many draft changes, but the NA has delayed voting on it several times. At the last biannual meeting in November, the NA was originally set to approve nine draft laws, including the draft Land Law.
However, the NA then updated the agenda and the vote was left out, as many contents still needed more discussions. Major approved bills at the last meeting included a resolution on the global minimum tax (GMT) and the amended Law on Real Estate Business.
- Related News
- Read More
$15.5 bln Just Energy Transition Partnership picks 8 projects in Vietnam, not yet disburse
The Just Energy Transition Partnership (JETP), which was launched in December 2022 to mobilize $15.5 billion to finance Vietnam’s green transition, selected eight projects in the country in 2024.
Economy - Fri, February 21, 2025 | 3:29 pm GMT+7
Vietnam to ease procedures for foreigners' work permits, judicial records
Vietnam’s Ministry of Labor, Invalids and Social Affairs (MoLISA) is drafting a decision to ease procedures related to foreigners' work permits and judicial records.
Economy - Fri, February 21, 2025 | 12:12 pm GMT+7
China’s Yuchai sells engine technology to Vietnam’s Kim Long Motor for $28 mln
China Yuchai International Limited, a leading powertrain solution provider in China, has granted Vietnam-based Kim Long Motor the technology licensing rights for some engine series for $28 million.
Companies - Fri, February 21, 2025 | 11:17 am GMT+7
Vietnam's 16% credit growth target for 2025 achievable: StanChart exec
2024 was a difficult year, but Vietnam's credit growth was still over 15%, and this year's 16% target, as directed by the State Bank, is achievable, said Nguyen Thuy Hanh, Standard Chartered Vietnam's CEO and head of banking & coverage.
Economy - Fri, February 21, 2025 | 9:02 am GMT+7
Vietnam’s leading IP builder Idico books record net profit in 2024 on strong sales
Idico Corporation, a leading industrial park developer in Vietnam, reported a record-high net profit of VND1.99 trillion ($78.21 million) in 2024, up 43% year-on-year.
Companies - Fri, February 21, 2025 | 8:23 am GMT+7
S Korea's powdered milk export to ASEAN soars
South Korea's powdered milk products have surged in popularity across Southeast Asia, with exports nearly tripling over the past decade as demand for Korean formula milk remains on the rise.
Southeast Asia - Thu, February 20, 2025 | 9:42 pm GMT+7
Singapore's economy projected to grow 1-3% this year
The Singaporean Ministry of Trade and Industry has forecast the country’s economic growth to range between 1-3% in 2025.
Southeast Asia - Thu, February 20, 2025 | 9:39 pm GMT+7
Philippines considers nickel export ban
The Philippine Government is considering a ban on raw nickel ore exports to boost its domestic processing industry.
Southeast Asia - Thu, February 20, 2025 | 9:37 pm GMT+7
Condé Nast Traveler suggests Phu Quoc as one of world's most affordable travel destinations for 2025
Condé Nast Traveler has ranked Vietnam as one of the most budget-friendly destinations for travel in 2025, with Phu Quoc being highlighted as a must-visit location in the S-shaped country thanks to its pristine beaches and resorts that "cannot be found anywhere else."
Travel - Thu, February 20, 2025 | 9:31 pm GMT+7
Nguyen Van Duoc elected HCMC Chairman
Nguyen Van Duoc, deputy Party chief of Ho Chi Minh City, was elected Chairman of the southern economic hub on Thursday.
Politics - Thu, February 20, 2025 | 8:16 pm GMT+7
Standard Chartered Hanoi Heritage Marathon set to take place in Nov
The Standard Chartered Hanoi Heritage Marathon, the 10th race in the globally renowned Standard Chartered Marathon series, will take place in Hanoi on November 9, 2025, following the success of its inaugural event in November last year.
Travel - Thu, February 20, 2025 | 5:06 pm GMT+7
UAE’s DP World to help southern Vietnam province build free trade zone
The UAE-headquartered DP World, a global leader in logistics, will help the southern coastal province of Ba Ria-Vung Tau build a free trade zone (FTZ), the first of its kind in southeastern Vietnam.
Infrastructure - Thu, February 20, 2025 | 4:47 pm GMT+7
Vietnam to develop offshore wind power after 2030: ministry
The Vietnamese Ministry of Industry and Trade has proposed delaying the development of offshore wind power until after 2030, instead of meeting the initial target of 6,000 MW within the next five years.
Energy - Thu, February 20, 2025 | 4:38 pm GMT+7
Mining, steel, construction firms set to capitalize on Vietnam's nuclear power development
The mining sector is expected to benefit significantly from the development of the Ninh Thuan nuclear power plants in Vietnam, said Nguyen The Minh, head of research at broker Yuanta Securities Vietnam.
Industries - Thu, February 20, 2025 | 3:28 pm GMT+7
$1.9 bln LNG power project in northern Vietnam calls for mine clearance bids
The $1.9 billion Quang Ninh LNG power plant, the first such facility in northern Vietnam, is inviting bids for the mines and explosives clearance package.
Energy - Thu, February 20, 2025 | 2:20 pm GMT+7
Steel maker Hoa Sen to pour $90 mln into central Vietnam factory expansion
Hoa Sen Nhon Hoi-Binh Dinh One Member LLC, a subsidiary of Hoa Sen Group, will invest over VND2.3 trillion (over $90 million) to expand its steel plant in the south-central province of Binh Dinh.
Industries - Thu, February 20, 2025 | 11:48 am GMT+7
