National Assembly Elects Some Key Leadership Positions
	Pham Minh Chinh Sworn in as Prime Minister of Vietnam
	Vuong Dinh Hue re-elected as Vietnam's legislative leader

An overview of the NA first plenary session (Photo: VNA)

Under the resolution, the regular spending estimate for 2019 was reduced by over VND2.24 trillion and the same amount was added to the Finance Ministry’s development spending estimate in 2019.

Total State budget collection in 2019 was VND2.139 quadrillion, while spending was VND2.119 quadrillion, including expenditure left from 2019.

As a result, State budget overspending in 2019 was VND161.49 trillion.

The NA requested the Government to make public the State budget balance in 2019, while directing ministries, central agencies and People’s Committees at all levels to strengthen financial discipline, improve the efficiency of State budget management and use, and fight corruption and wastefulness.

Earlier at a discussion on relevant reports on State budget estimate, collection, spending and balance in 2019, some deputies held that the structure of State budget expenditure in 2019 remained unreasonable with high ratio of regular spending. Many important expenditures were not disbursed as scheduled, including spending on science-technology and environment issues.

According to NA Standing Committee, in 2019, spending on development investment accounted for 27.6% of the total State budget expenditure, which basically complete the goal in the 2016-2020 period.

However, regular spending remained high at 65.2% of the total State budget expenditure, which was higher than the target of 64%.

The committee asked the Government to roll out comprehensive measures to tighten the control over spending, cut regular spending and increase resources for development investment, thus completing the target for the whole 2016-2020 period.

15th NA’s First Session to Open On July 20 The first session of the 15th National Assembly will open in Hanoi on July 20 morning.

15th NA Standing Committee to give opinions on personnel work The National Assembly (NA) Standing Committee will give opinions on the organizational structure, the number of cabinet members for the 2021-2026 term and personnel work ...

Vietnam National Assembly Chairman Vuong Dinh Hue: Biography, Positons and Working History Vuong Dinh Hue was elected as Chairman of the National Assembly (NA) and the National Election Council (NEC) in April 2021.