It is scheduled that a total number of 19 groups and corporations will be transferred to the committee. The MOIT is the first ministry to carry out this handover. The six businesses include the Vietnam Oil and Gas Group, Electricity of Vietnam, the Vietnam National Coal - Mineral Industries Corporation, the Vietnam National Chemical Group, the Vietnam National Petroleum Group and the Vietnam National Tobacco Corporation. The total State-owned capital at the six corporations is worth over VND550 trillion (US$23.65 billion), accounting for half of the total State capital at the 19 groups and corporations to be handed over to the committee. Minister of Industry and Trade, Tran Tuan Anh, said that all of the six transferred corporations and groups are powerful businesses in the sectors and have a great influence on the national economy and make huge contribution to the State budget. The Minister expressed his hope that, with the new management mechanism, these corporations would have more … [Read more...] about Six corporations handed over to Committee for Management of State Capital
Committee for economic development
Resolution on 2019 socio-economic development plan adopted
At the meeting (Source: VNA) Hanoi (VNA) – Lawmakers passed a draft resolution on the socio-economic development plan for 2019 with a 92.16 percent approval rate during the ongoing sixth session of the 14th National Assembly (NA) in Hanoi on November 8. In the morning sitting, under the chair of NA Vice Chairman Phung Quoc Hien, the legislators heard a report on acquiring the lawmakers’ feedback on the draft resolution, which was presented by member of the NA Standing Committee and Chairman of the NA Committee for Economic Affairs Vu Hong Thanh. Later, Minister of Finance Dinh Tien Dung delivered a report on the draft revised Law on Taxation Management. Chairman of the NA’s Committee for Finance-Budget Nguyen Duc Hai presented a report examining the draft amended Law on Taxation Management. Discussing the draft Law on Architecture in groups, the majority of deputies agreed with the Government’s report, as well as with an … [Read more...] about Resolution on 2019 socio-economic development plan adopted
NA Committee for Economics Affairs works with BSR
Vice Chairman of National Assembly Committee for Economics Affairs Nguyen Duc Kien speaking at the event In his speech at the event, BSR General Director said since the start of the year, the Dung Quat Oil Refinery Plant has operated safely and stably at the maximum capacity. Production output in the first 8 months of the year reached an estimated 4.71 million tons, earning revenue of over VND73.9 trillion and paying VND7.47 trillion. BSR always has highlighted optimization work and scientific research, contributing to cost savings for production activities. In the first 7 months of the year, the saving value of the company is VND563.78 billion, exceeding by 16.8% the assigned value (VND482.64 billion). In addition, it researched and applied technical solutions to increase the capacity of the Dung Quat Oil Refinery Plant to 118%. Construction of the National Refining Petrochemical and Energy Center is underway. On December 28th, 2017, the Quang Ngai provincial People’s … [Read more...] about NA Committee for Economics Affairs works with BSR
Lao NA committee for ethnic affairs delegation visits Ha Tinh
A working session between leaders of Ha Tinh province and a delegation from the Lao National Assembly Committee for Ethnic Affairs on March 9 (Photo: VNA) Ha Tinh (VNA) - A delegation from the Lao National Assembly Committee for Ethnic Affairs led by its Chairwoman Buaphoune Likhaida paid a working visit to the central province of Ha Tinh on March 9. Speaking at the working session with the Lao guests, Vice Chairman of the provincial People’s Council Vo Hong Hai said that Ha Tinh has created favourable conditions for Lao students in the province while providing support for the construction of schools and medical stations in several Lao localities which border the province. Some businesses in Ha Tinh province have also enhanced investment in Laos, contributing to the country’s budget and creating jobs for local workers, he added. In reply, Buaphoune Likhaida thanked the Vietnamese Government and Ha Tinh province in particular for creating optimal conditions for … [Read more...] about Lao NA committee for ethnic affairs delegation visits Ha Tinh
Lao NA Committee for Ethnic Affairs delegation visits Nghe An
Receiving the delegation, leaders of the province said that Nghe An has maintained and developed the relations with localities of Laos such as Xieng Khouang, Bolikhamxay, Houaphanh, Savannakhet, Khamouane, Vientiane and Xaysomboun. So far, more than 90 Nghe An companies have invested in Laos with total capital of USD 200 million. Besides, many residential areas along the border with Laos have established twinning relations with Lao counterparts. Leaders of Nghe An People's Council present a gift to Chairwoman of the Lao National Assembly Committee for Ethnic Affairs Buaphoune Likhaida (second, right) Leaders of Nghe An showed belief that the partnership between Vietnam and Laos as well as Nghe An and Lao localities in particular, will be fostered and expanded. For her part, Buaphoune Likhaida lauded Nghe An’s efforts in strengthening the traditional friendship, special solidarity and comprehensive cooperation between the two countries as well as between Nghe An … [Read more...] about Lao NA Committee for Ethnic Affairs delegation visits Nghe An