Request: Intensifying the efficiency of financial resource utilization from land and mineral resources in Vietnam

Request: Intensifying the efficiency of financial resource utilization from land and mineral resources in Vietnam
Tan Dai

On November 12, 2024, the National Assembly of Vietnam issued Resolution 158/2024/QH15 regarding the Socio-Economic Development Plan for 2025, which includes requirements to intensify the efficiency of financial resource utilization from land and mineral resources in Vietnam.

Request: Intensifying the efficiency of financial resource utilization from land and mineral resources in Vietnam

The National Assembly of Vietnam fundamentally agrees with the tasks and solutions proposed by the Government of Vietnam, the Supreme People's Court, the Supreme People's Procuracy, the State Audit, and recommendations from National Assembly bodies. It also requests the Government of Vietnam and relevant agencies to effectively implement tasks related to proactive responses to climate change, disaster prevention and management, enhancement of resource management, and environmental protection; to harmoniously resolve the relationship between economic development and environmental protection as stipulated in Resolution 158/2024/QH15 of 2024 as follows:

Decisively implement strategies, plans, and action programs to fulfill commitments at COP26, focusing on achieving net zero emissions by 2050. Concentrate on effectively implementing Resolution 36-NQ/TW of 2018 regarding the Sustainable Development Strategy for Vietnam's Marine Economy up to 2030 with a vision to 2045, the National Marine Spatial Planning for the 2021-2030 period, with a vision to 2050, and the Major Program for Basic Survey of Marine and Island Resources and Environment.

Ensure water resource security, dam safety, and prevent water resource degradation; strengthen cooperation with upstream countries and international organizations in the effective protection and utilization of water resources in transboundary river basins, especially the Mekong and Red Rivers. Intensify the effectiveness of utilizing and deploying financial resources from land, resources, and minerals, especially strategic minerals for socio-economic development. Continue modernizing the hydrometeorological network and improve the quality of forecasts to serve socio-economic development, disaster prevention and management, and climate change adaptation.

Accelerate the implementation of Vietnam's initiatives and commitments at COP28 and the Resource Mobilization Plan for implementing the Political Declaration on establishing the Just Energy Transition Partnership (JETP).

Refer to more details in Resolution 158/2024/QH15 effective from December 27, 2024.

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