Thrift Practice News Today

The programme aims to maintain macro-economic stability, ensure major economic balances, and change both mindset and actions of officials, public servants, labourers and people in thrift practice and wastefulness prevention.

The Ministry of Finance (MoF) has recently proposed changes to the Law on Thrift Practice and Waste Combat to overcome the limitations and shortcomings during its implementation. The revised Law is set to be presented to the National Assembly in the May 2025 session for consideration and discussion, with the expectation of being approved in October 2025.

Legislators discussed in group the implementation of the socioeconomic development plan and State budget in the first months of 2023, and thrift practice in 2022, on May 25 – the fourth day of the fifth session of the 15th National Assembly.

The 15th National Assembly (NA) continued its fifth session on May 25, the fourth working day, under the chair of NA Chairman Vuong Dinh Hue.

Almost 53.9 trillion VND (2.29 billion USD) in state capital was saved in 2022 as reported by ministries, sectors, and localities, according to the Government.

The National Assembly (NA) Standing Committee contributed opinions to the Government’s report on thrift practice and wastefulness prevention at its 23rd session in Hanoi on May 11.

The National Assembly (NA) adopted the revised Law on Money Laundering Prevention and Control and a resolution on promoting the implementation of policies and law on thrift practice and wastefulness prevention on November 15.

Legislators heard a report presented by the National Assembly (NA)’s supervision group on the implementation of policies and laws regarding thrift practice and wastefulness prevention in the 2016-2021 period on October 31 – the 9th working day of the 15th NA’s ongoing 4th session in Hanoi.

The National Assembly (NA) Standing Committee kicked off its 15th meeting in Hanoi on September 12, with a focus on the parliament and committee’s supervisory activities and preparations for the NA’s fourth session.

A supervisory delegation of the National Assembly (NA) held a meeting with the Ministry of Finance (MoF) on August 23 to look into the implementation of policies and laws on thrift practice and wastefulness prevention during 2016 - 2021.