Piloting specific mechanisms and policies to promote growth

Lawmakers on October 22 agreed to promulgate a Resolution of the National Assembly on piloting a number of specific mechanisms and policies for the development of Hai Phong city and Nghe An, Thanh Hoa and Thua Thien-Hue provinces.
Piloting specific mechanisms and policies to promote growth ảnh 1Lawmakers discuss in groups the draft resolution on piloting a number of specific mechanisms and policies for the development of some localities (Photo: Vietnam+)

Hanoi (VNA) - Lawmakers on October 22 agreed to promulgate a Resolution of the National Assembly on piloting a number of specific mechanisms and policies for the development of Hai Phong city and Nghe An, Thanh Hoa and Thua Thien-Hue provinces, welcoming breakthrough decisions to create new growth poles for the country and have specific mechanisms and policies to promote not only local but also regional development.

Specific mechanisms and policies for Hai Phong city, Nghe An, Thanh Hoa and Thua Thien-Hue provinces aim to promote self-reliance and the potential of each locality, said Minister of Planning and Investment Nguyen Chi Dung.
The minister made the statement on October 22 while delivering a report at the National Assembly (NA) session on a draft resolution on the development of the four localities.

He said the mechanisms and policies aimed to strengthen decentralisation, increase autonomy and self-responsibility of local authorities at all levels.
Six mechanisms have been proposed for Hai Phong city, Thua Thien-Hue province, Nghe An province and eight mechanisms have been proposed for Thanh Hoa province.

According to the draft resolution, the annual additional funds for Thanh Hoa, Nghe An and Thua Thien-Hue provinces from the central budget collection in each of the provinces would not exceed 70 per cent of the increase in revenue from import and export activities there.

The annual additional fund from the State budget for Hai Phong city must not exceed 70 percent of the increase in central budget revenue compared to the estimate assigned by the Prime Minister.

The draft resolution also stipulates a number of specific mechanisms on piloting a fee and charge policy in each locality, land and forest use management which will take effect from January 1, 2022, and will be implemented for five years.

Delivering a verification report on the draft resolution, chairman of the NA Finance and Budget Committee Nguyen Phu Cuong said the committee agreed with the five-year implementation of the resolution. The cap for additional funds will bring the localities’ potential into full play and boost development.

Discussing the draft resolution in groups, NA deputies agreed on the necessity to approve the resolution to legalise the Politburo’s resolutions on creating mechanisms to mobilise resources and promote local socio-economic development.

The deputies spoke highly of breakthrough policies and specific mechanisms which aim to foster the growth of not only one locality but the whole region.

Deputy Vu Xuan Hung from Thanh Hoa province said the province has an important geographical position and a number of advantages.

Thanh Hoa now has eight industrial parks, attracting nearly 2.5 million workers, especially Nghi Son Industrial Park. "There are a lot of key projects in the province so investment in development is an urgent requirement," he said.

Deputy Nguyen Truong Giang from Dak Nong province said the resolution focused on financial mechanisms but did not mention organisational structure and investment.

He proposed the Government continue to study this.

NA Chairman Vuong Dinh Hue said Vietnam’s policy institutions were unified, but in the process of development, it was necessary to pilot a number of new mechanisms and policies. If the pilot results were effective, the policies would be replicated nationwide, raising policies and laws to a new standard.

Piloting mechanisms in some localities also aimed at a common goal of national governance, he said.

The mechanisms and policies submitted by the Government to the NA have been carefully prepared by localities and Government agencies, and verified and reviewed by NA agencies. The NA Standing Committee gave feedback and submitted them to the NA for further approval./.

VNA

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