The 15th National Assembly is about to hold an extraordinary meeting for the 5th session.

Secretary General of the National Assembly Bui Van Cuong said that the 5th extraordinary session of the 15th National Assembly opened on January 15 and is expected to close on the morning of January 18 in the form of a concentrated meeting at the National Assembly House.

Quốc hội Khóa XV sắp họp bất thường Kỳ họp lần thứ 5

The 5th extraordinary session of the 15th National Assembly opened on January 15, 2024 and is expected to close on the morning of January 18. (Source: quochoi.vn)

Secretary General of the National Assembly Bui Van Cuong said that at the Session, the National Assembly will consider and approve 4 contents, including: Draft Law on Land (amended); Draft Law on Credit Institutions (amended); Draft Resolution on a number of specific mechanisms and policies to remove difficulties and obstacles, speed up the implementation of National Target Programs (according to simplified procedures); on supplementing the Medium-term Public Investment Plan of the central budget for the period 2021 - 2025 from the general reserve source corresponding to the increased revenue of the central budget in 2022 for public investment tasks and projects and supplementing the Medium-term Public Investment Plan for Vietnam Electricity Group from the reserve source of the Medium-term Public Investment Plan.

After being received and revised, the draft Land Law (amended) submitted to the National Assembly at the 5th Extraordinary Session consists of 16 chapters, 260 articles, omitting 5 articles, amending and supplementing 250 articles (both in content and technique) compared to the draft Law submitted to the National Assembly at the 6th Session.

Regarding the major contents that require comments and discussions at the 6th Session, based on research, discussion, exchange, and careful review, the relevant agencies have agreed to revise and complete the contents on: On the rights and obligations regarding land use of Vietnamese people residing abroad; On not expanding the scope of receiving land use rights transfers of foreign-invested economic organizations (Article 28); On cases where foreign-invested economic organizations receive real estate project transfers according to the provisions of the law on real estate business; On the rights and obligations of economic organizations and public service units using land for annual rental payments for assets attached to land (Article 34); On conditions for individuals not directly engaged in agricultural production to receive transfers of rice-growing land (Clause 7, Article 45); On principles for establishing and approving land use plans at all levels (Clause 9, Article 60); On land recovery for commercial housing projects, mixed housing and commercial and service projects (Clause 27, Article 79)...

Regarding the draft Law on Credit Institutions (amended), after being received and revised, the draft Law submitted to the National Assembly at the 5th Extraordinary Session consists of 15 chapters and 210 articles (compared to the draft Law submitted to the National Assembly at the 6th Session, 4 articles were removed, 11 articles were added, 15 articles were kept the same and other articles were technically revised).

In particular, the draft Law has absorbed the opinions of National Assembly deputies on many contents: explanation of terms; policy banks; standards and conditions for managers, operators and some other positions of credit institutions, control boards; independent audit; operations of credit institutions; credit limits; finance, accounting, bookkeeping...

Some major issues of the draft Law reported to the National Assembly at the Session include: Risk provisioning; Early intervention in credit institutions and foreign bank branches; Special control of credit institutions; Handling cases of mass withdrawals, special loans and lending from credit institutions; Handling of bad debts and secured assets; State management agencies; Implementation provisions.

The Draft Resolution on a number of specific mechanisms and policies to remove difficulties and obstacles, and accelerate the implementation of national target programs includes 6 articles, including: Allocating and assigning annual central budget regular expenditure estimates; adjusting state budget estimates and annual capital investment plans of national target programs; promulgating regulations on procedures, criteria, and sample documents for selecting production development projects; using state budget in cases where production development project owners are assigned to purchase goods for production development activities; pilot mechanism for decentralization to district level in managing and organizing the implementation of national target programs...

The opening and closing sessions of the 5th Extraordinary Session of the 15th National Assembly were broadcast live on Voice of Vietnam, Vietnam Television, and Vietnam National Assembly Television.

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