Appropriate BOT fee reduction needed: Deputy PM

The appropriate reduction of build-operate-transfer (BOT) fees will help ensure the harmony of interests of the State, investors and people, Deputy Prime Minister Vuong Dinh Hue said at the ongoing fifth meeting of the 14th National Assembly in Hanoi on June 6.
Appropriate BOT fee reduction needed: Deputy PM ảnh 1Deputy Prime Minister Vuong Dinh Hue speaks at the session. (Source: VNA)

Hanoi (VNA) – The appropriate reductionof build-operate-transfer (BOT) fees will help ensure the harmony of interestsof the State, investors and people, Deputy Prime Minister Vuong Dinh Hue saidat the ongoing fifth meeting of the 14th National Assembly in Hanoi on June 6.

The mobilisation of private resources fordeveloping socio-economic infrastructure, including investment in the form ofBOT, is a necessary and proper policy which has achieved important results,especially for transport infrastructure.

However, there are still shortcomings in theimplementation of BOT projects, Hue said.

In the coming time, the Government will continuedirecting the revision and supplementation of related legal regulations,including Decree No.30/2015/ND-CP on bidding and selecting investors for BOTprojects.

The Government will study a draft investment lawin the form of public private partnership (PPP) for submission to thelegislature, he added.

Ministries and departments are requested topublicise the implementation of BOT projects, especially the organization ofbiddings and selection of contractors.

Any violations will be strictly handled, Huestressed.

The Deputy PM also cleared up some queries aboutland management, environment and climate change adaptation.

He said the Government is focusing on reviewingand improving the institutional and legal system, policies and mechanisms inthe field to improve the effective use of land and strengthen management andmodernisation of the land information system.

The Government will concentrate on addressingdisputes and lawsuits relating to land to ensure legitimate rights andinterests of people.

It will complete national technical standards onenvironment and build an environmental warning and monitoring system, firstlyat industrial parks.

Besides increasing international cooperation,the country will increase the supervision of cross-border environmental impactsand take effective measures to prevent the entry of out-of-date foreigntechnology and equipment into Vietnam.

The government will implement effectively thenational strategy on climate change and the national target programme on copingwith climate change and promoting green growth.

Added to this is building public-privatepartnership and investment incentives for climate change adaptation projects,drawing financial resources, technology and experience in dealing with climatechange, and effectively realising Resolution 120/NQ-CP on sustainabledevelopment in the Mekong Delta, focusing on measures to prevent coastalerosion and saltwater intrusion, and building breakthrough mechanisms torestructure agriculture.-VNA

VNA

See more

General Khamtay Siphandone, former President of the Lao People’s Revolutionary Party (LPRP) Central Committee, and former President of Laos. (Photo: VNA)

Party chief to pay tribute to former Lao top leader in Vientiane

General Secretary of the Communist Party of Vietnam Central Committee To Lam will lead a high-ranking delegation of the Party and State of Vietnam to Vientiane on April 3 to pay respects to former President of the Lao People’s Revolutionary Party (LPRP) Central Committee and former President of Laos Khamtay Siphandone, who passed away on April 2.

Children of Kim Lien commune, Nam Dan district, Vietnam’s Nghe An province - the hometown of President Ho Chi Minh – welcome Lao Party General Secretary and President of Laos Khamtay Siphandone during his visit to the central locality in 2002. (Photo: VNA)

Vietnam extends condolences to Laos over former President Khamtay Siphanone’s passing

The Communist Party of Vietnam (CPV) Central Committee, the President, the Government, the National Assembly, and the Vietnam Fatherland Front Central Committee on April 2 sent a message of condolences to their Lao counterparts over the passing of General Khamtay Siphandone, former President of the Lao People’s Revolutionary Party (LPRP) Central Committee, and former President of Laos.

National Assembly Chairman Tran Thanh Man and the Vietnamese NA delegation visit TUMO Centre for Creative Technologies (Photo: VNA)

NA Chairman visits TUMO Centre for Creative Technologies in Armenia

National Assembly Chairman Tran Thanh Man directed the consideration of establishing similar creative technology centres in Vietnam, based on Armenia's TUBO Centre model, to create an educational environment that helps Vietnamese youth promote self-learning and enhance their skills, particularly in science and technology, innovation, artificial intelligence, and digital transformation.

Prime Minister Pham Minh Chinh (R) and Bill Winters, Chief Executive of Standard Chartered in Hanoi on April 2 (Photo: VNA)

Prime Minister receives Standard Chartered Group Chief Executive in Hanoi

The PM praised the Standard Chartered for supporting Vietnamese ministries and agencies in implementing the Just Energy Transition Partnership (JETP) in Vietnam, as well as for working with the Glasgow Financial Alliance for Net Zero (GFANZ) to help the country achieve its sustainable development goals.

Prime Minister Pham Minh Chinh (R) receives Belarusian Deputy Prime Minister Anatoly Sivak (Photo: VNA)

Vietnam treasures time-honoured friendship with Belarus: PM

Vietnam and Belarus should make efforts to boost bilateral economic and trade relations, which are still modest compared to their potential and strengths, and create conditions for their businesses to enhance investment collaboration, and maintain the effectiveness of the Intergovernmental Committee, said Prime Minister Pham Minh Chinh.

Deputy Prime Minister Tran Hong Ha (L) holds talks with Armenian Deputy Prime Minister Mher Grigoryan (Photo: VNA)

Ample room remains for Vietnam-Armenia cooperation: Deputy PM

The two Deputy PMs focused on discussing several measures to promote bilateral relations, such as improving transportation connections and multi-modal transport to facilitate the movement of goods between the two countries and to Asian, European, and global markets.

King Philippe and Queen Mathilde of Belgium at a meeting with Hai Phong authorities (Photo: VNA)

King and Queen of Belgium visit Hai Phong

King Philippe and Queen Mathilde of Belgium and a high-level delegation from the European country engaged in a series of activities in the northern port city of Hai Phong on April 2, as part of their ongoing state visit to Vietnam.

Party General Secretary To Lam (R) receives Russian Ambassador to Vietnam Gennady Bezdetko (Photo: VNA)

Party leader receives Russian Ambassador

Vietnam and Russia should also identify new directions, measures, and cooperation projects in areas such as defence and security, high technology, energy, nuclear power, basic sciences, and culture and arts, said Party chief To Lam.

King Philippe of Belgium speaks at the working session in Quang Ninh on April 2 (Photo: VNA)

Belgian King, Queen visit Quang Ninh province

Belgian investors, in partnership with local stakeholders, are currently implementing three key projects in Quang Ninh, including two major industrial infrastructure developments - the Bac Tien Phong and Nam Tien Phong Industrial Parks in Quang Yen township.

Prime Minister Pham Minh Chinh speaks at the second meeting of the National Steering Committee for building the private economic sector development project (Photo: VNA)

PM urges finalising private economic sector development project

Prime Minister Pham Minh Chinh urged promoting breakthroughs in scientific and technological development, innovation, and digital transformation for rapid and sustainable growth, noting that attention should be placed on green economy, digital economy, knowledge-based economy, circular economy, and sharing economy, particularly in emerging sectors such as semiconductors, artificial intelligence, cloud computing, and the Internet of Things.

☕ Afternoon briefing on April 2

☕ Afternoon briefing on April 2

The 13th meeting of the Central Military Commission, National Assembly Chairman Tran Thanh Man's participation in a business forum as part of his official visit to Armenia, and Vietnam's reduction of import taxes on various goods ahead of the US government's announcement of reciprocal tariffs on other nations are among news highlights on April 2.

National Assembly Chairman Tran Thanh Man (L) meets with representatives of Armenian and Vietnamese firms attending the Vietnam - Armenia Business Forum in Yerevan on April 2. (Photo: VNA)

National Assembly Chairman attends Vietnam - Armenia Business Forum in Yerevan

NA Chairman Tran Thanh Man stated that the Vietnamese delegation’s visit to Armenia not only aims to strengthen political and parliamentary relations, but also opens up opportunities to promote economic, trade and investment cooperation - areas in which both countries have great potential to exploit together.

Party General Secretary To Lam addresses the meeting. (Photo: VNA)

Streamlined, strong local military structure to better protect Fatherland: Party chief

The continuing re-organisation of the local military structure and the border guard force aims to enhance efficiency, reduce intermediary levels, strengthening their role as the core force in implementing the strategy of people's defence and people's war, ensuring the firm protection of national sovereignty and border security, Party General Secretary To Lam said.

Vietnamese Ambassador to Russia, Uzbekistan and Armenia Dang Minh Khoi. (Photo: VNA)

NA Chairman’s visits to lift ties with Armenia, Uzbekistan to new heights

The diplomat expressed his hope that the visits not only help maintain the traditional friendly relations between Vietnam and the two nations, but also create new momentum to elevate cooperation to higher levels, ensuring that it is substantial, effective, and commensurate with the political relations between Vietnam and these countries.