At the morning plenum, NA deputies discussed the necessity and the scope of the draft resolution on bad debt settlement, the definition of bad debts, and principles of settling bad debts.

They also looked into the right to collateral seizure, the formation of a debt market, along with possible difficulties and challenges relating to the resolution implementation, among others.

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Pham Phu Quoc, a deputy of Ho Chi Minh City, speaking at the plenum on June 7 

Regarding the draft law on amendments and supplements to some articles of the Law on Credit Institutions, parliamentarians scrutinized the scope of the draft, the exemption from responsibility of people engaging in the restructuring of credit institutions under special control, and the supplementation of bad debt settlement to the draft law.

Governor of the State Bank of Vietnam Le Minh Hung later clarified some issues mentioned by deputies.

In the afternoon, NA deputies had group discussions on the draft law on forest protection and development (revised) and the draft law on fisheries (revised).

On June 8, the NA discussed some contents in the draft law on irrigation in the morning sitting.

In the afternoon, the NA voted on a resolution on a law and ordinance making program for 2018 and revisions to the law and ordinance making program in 2017. Deputies also appraised the resettlement work of the Long Thanh International Airport project.

Source: VNA