Consider and approve the Land Law at the 5th extraordinary session

On the afternoon of January 13, the National Assembly Office announced the program and content of the 5th extraordinary session of the 15th National Assembly.

Accordingly, the 5th extraordinary session of the 15th National Assembly will open on January 15, 2024 and is expected to close on the morning of January 18, 2024 in the form of a concentrated meeting at the National Assembly House, Hanoi. The National Assembly will take a one-day break (January 17, 2024) for the agencies of the National Assembly, the Government and relevant agencies to absorb, revise and complete the draft law and draft Resolution.

Regarding the program and content of the session, at the 5th Extraordinary Session, the National Assembly will consider and approve 4 contents, specifically as follows:

Regarding the draft Land Law (amended), after being accepted 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 need to be discussed at the 6th Session, based on research, discussion, exchange and careful review, relevant agencies have agreed to revise and complete 18 contents:

On the rights and obligations regarding land use of Vietnamese people residing abroad; on not expanding the scope of receiving land use rights transfer 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 leased land and paying annual rent for assets attached to the land (Article 34); On the conditions for individuals not directly engaged in agricultural production to receive the transfer of rice-growing land (Clause 7, Article 45);

Dialogue - Review and approval of the Land Law (amended) at the 5th extraordinary session — The draft Land Law (amended) submitted to the National Assembly at the 5th Extraordinary Session consists of 16 chapters and 260 articles.

On the principles of establishing and approving land use planning at all levels (Clause 9, Article 60); on land use targets determined in the content of provincial and district-level land use planning (Articles 65 and 66); on the organization of implementation of land use planning and plans, allocation of provincial-level land use targets, district-level land use targets (Article 76); On land recovery for implementing commercial housing projects, mixed housing and commercial and service projects (Clause 27, Article 79);

On land development, exploitation and management (Chapter VIII); on the relationship between land recovery cases and agreements on receiving land use rights or having land use rights to implement socio-economic development projects not using state budget capital;

Regarding types of land used for commercial housing projects through agreements on receiving land use rights or having land use rights; regarding granting Certificates to households and individuals using land without documents on land use rights that do not violate land laws and are not in cases where land is allocated without proper authority (Clause 3, Article 138); regarding land rent paid annually (Clause 3, Article 153);

Regarding the content of land valuation methods and cases and conditions for applying each method (Article 158); regarding sea encroachment activities (Article 190)...

Dialogue - Review and approval of the Land Law (amended) at the 5th extraordinary session (Figure 2). — Scene of the closing session of the 6th session, 15th National Assembly.

Regarding the draft Law on Credit Institutions (amended) , after being accepted and revised, the draft Law on Credit Institutions (amended) 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 opinions of National Assembly deputies were received 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 bad debts and secured assets; State management agencies; and implementation provisions.

In addition, the important contents considered and approved by the National Assembly include: 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 and order); 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.

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. In addition, the National Assembly sessions discussing in the hall some new contents or different opinions of the draft Law on Land (amended) and the draft Law on Credit Institutions (amended) were broadcast live on Vietnam National Assembly Television .

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