The discussion at the National Assembly on the equitisation of State-owned enterprises (SOEs) during 2011-2016 attracted great interest of voters nationwide, with many urging more efforts to improve legal framework for the work.
Lawyer Pham Ngoc Luong, standing chairman of the business association of Lao Cai province, said incomplete laws and policies, especially inconsistency among ministries’ circulars guiding the implementation of laws, caused many difficulties in carrying out SOE equitisation, resulting in delay, losses and wastefulness, along with inadequate attention to labourers’ interest.
Therefore, it is necessary to push ahead with building a complete legal framework, particularly regulations on the role of the Party and socio-political organisations in the equitisation process, to ensure transparency and the involvement of all stakeholders in the process, he said.
Lecturer Do Thi Thuy, Vice Dean of the Economics-Technology Department at Hoa Lu University in Ninh Binh province, shared the view, adding that the Ministry of Finance should quickly issue guidance on foreign investors’ contribution of capital and purchase of shares in Vietnamese enterprises.
She also emphasized the need to complete the system of institutions for the market economy, thus ensuring equal and transparent competition among enterprises of different types of ownership.
Dinh Gia Nghia, Deputy Director General of the Dong Giao food export joint stock company in Ninh Binh, was of the opinion that during equitisation of SOEs, at least 65 percent of the State-owned stake should be put on sale in order to allow investors to have a voice in running the enterprises.
According to Bui Quang Tin, executive director of the BizLight business school in Ho Chi Minh City, persuading foreign investors to become strategic investors of equitised SOEs is one of the solutions to improve the equitisation process and the quality of corporate governance after equitisation.
The implementation of policies and laws on the management and use of State capital and asset in enterprises and the equitisation of State-owned enterprises during 2011-2016 was the focus of discussion at the National Assembly on May 28 as part of the 14th legislature’s fifth session.
The discussion was broadcast live on national television and radio.
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The Governor-General highlighted the historic significance of the visit as the first time a Vietnamese leader has visited New Zealand in both capacities of General Secretary of the CPV Central Committee and President of the State.
Prime Minister Christopher Luxon said Vietnam–New Zealand relations have continued to grow strongly, with substantive cooperation in numerous areas and further expansion in education and agriculture, generating fresh momentum for bilateral ties.
Regarding administrative reform, amendments to the Law on Radio Frequencies will remove licensing requirements deemed unnecessary or already regulated under other laws.
The ceremony was conducted in accordance with protocol for foreign heads of state visiting New Zealand, incorporating a traditional Māori welcome ceremony and an official greeting.
General Secretary of the Communist Party of Vietnam (CPV) Central Committee and President To Lam described overseas Vietnamese as “ambassadors” who help promote Vietnam's positive image internationally, and urged them to maintain solidarity, preserve national pride and cultural traditions, and make practical contributions to the country's development.
The Party leader stressed that the passing of NA President Xaysomphone is a great loss to the Lao Party, State and people, while Vietnam has also lost a great friend and a close, loyal comrade who had always held deep affection for the country, offered valuable support, and worked tirelessly to nurture and consolidate the Vietnam-Laos great friendship, special solidarity, comprehensive cooperation and strategic cohesion.
Highlighting positive outcomes in Vietnam-Singapore cooperation across all areas, particularly since bilateral ties were elevated to a Comprehensive Strategic Partnership in March 2025, Prime Minister Le Minh Hung proposed that the two sides maintain and step up high-level visits and exchanges at all levels.
Australia attaches great importance to its Comprehensive Strategic Partnership with Vietnam and highly values the substantive progress in bilateral relations, said Australian Minister for Foreign Affairs Penny Wong.
According to Government proposals submitted to the legislature, Quang Ninh and Bac Ninh cities will be formed based on the respective natural areas, populations and numbers of commune-level administrative units of the two provinces. Both proposals meet all five conditions stipulated in the Law on Organisation of Local Administration No. 72/2025/QH15 and all seven criteria for establishing centrally-run cities under Resolution No. 112/2025/UBTVQH15.
Xaysomphone Phomvihane was a capable revolutionary intellectual with broad knowledge and a strategic vision. Throughout his career, he remained committed to the Party's ideals and objectives, and demonstrated responsibility, flexibility and discipline in carrying out his assigned tasks.
Prime Minister Le Minh Hung asked the Israeli Government to continue creating favourable conditions for Vietnamese people living, studying and working in Israel at a meeting with outgoing Israeli Ambassador to Vietnam Yaron Mayer in Hanoi on August 12.
Vietnam plans to establish a Vietnam–New Zealand Friendship Association as a counterpart to the New Zealand–Vietnam Friendship Association, thereby strengthening connections and exchanges and helping deepen and broaden friendship between the two peoples.
The joint statements comprise one on deepening the Vietnam-Australia comprehensive strategic partnership, one on economic resilience cooperation, and another on the enhancement of science, technology and innovation connectivity.
Most deputies welcomed the draft law’s reform-oriented approach and a number of breakthrough policies, including greater decentralisation in organisational arrangements, staffing management and policy implementation.
Vietnam and Australia will step up cooperation in artificial intelligence (AI), semiconductors, digital technology, cybersecurity, green technology and emerging technologies, while supporting each other in enhancing capacity to participate more deeply in regional and global supply chains. The two sides will also strengthen cooperation in education and training and people-to-people exchanges.
PM Albanese welcomed General Secretary and President Lam and the high-ranking Vietnamese delegation on their state visit to Australia, stressing its signficance amid the rapidly growing ties, particularly since the two countries elevated their ties to a Comprehensive Strategic Partnership in March 2024.
Welcoming General Secretary and President Lam and the Vietnamese high-ranking delegation, the Australian parliamentary leaders spoke highly of Vietnam’s development achievements and expressed their admiration for the dynamism and creativity of the country and its people, particularly young Vietnamese. They said this energy and determination reflected Vietnam’s strong resolve and aspiration to build a prosperous and powerful nation.
Governor-General Mostyn expressed her pleasure at meeting General Secretary and President Lam again in Canberra after her first state visit to Vietnam in September 2025.
Building on more than half a century of trust and the Comprehensive Strategic Partnership framework, the visit is hoped to create fresh momentum for deeper bilateral ties, bring practical benefits to people and businesses in both countries, and contribute to peace, stability, cooperation and development in the region.
Writing in the book of condolences, the Vietnamese leader expressed his profound sorrow over the passing of Comrade Xaysomphone Phomvihane, describing it as a great loss to the Lao Party, State, NA and people, as well as to Vietnam, which had lost a great friend and loyal comrade who made important contributions to strengthening and developing the great friendship, special solidarity, comprehensive cooperation and strategic cohesion between the two countries.