A view of Cai Bau island, a central island of Van Don (Photo: VNA)

Hanoi (VNA) – Many opinions have been gathered to complete the draft Law on Special Administrative and Economic Units, such as land rent duration and investment attraction policies.

According to Nguyen Khac Dinh, Chairman of the National Assembly Law Committee, the name of the bill should be changed to Law on Special Administrative and Economic Units of Van Don, Bac Van Phong and Phu Quoc to suite its scale.

Dinh said that after adjusted, the draft law comprises six chapters, 88 articles and six appendixes. Regulations on setting up control mechanisms for each unit have been added with the formation of an advisory committee.

The number of conditional business sectors stated in the bill is 131, up 23 sectors compared to the list submitted by the Government.

On the budget matter, the special administrative and economic units will be considered a district to define sources of budget collection, spending and balance. All budget-related activities of the units will be made in line with the State Budget Law and this bill, said Dinh.

Meanwhile, Deputy Minister of Planning and Investment Nguyen Van Trung said that the power of the advisory committee is quite big because the heads of the unit have to ask for approval from the committee when giving a decision.

There are many regulations on inspecting and monitoring the Chairman of the People’s Committee of the units, he said. According to Trung, it is unnecessary to set up the advisory committee.

Bui Van Phuong, a representative of Ninh Binh province, asserted that the models of the People’s Council and People’s Committee are not suitable to the units.

He explained that the special administrative-economic units should have special government organisation with outstanding authority and operation mechanisms to ensure smooth development of the areas.-VNA