PM Nguyen Xuan Phuc speaks at the teleconference (Source: VNA)

Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc underlined the need to review the legal system on construction while pointing out overlapping laws and legal documents relating to the sector at a teleconference in Hanoi on April 20.

He noted the Government’s message of focusing on tackling bottlenecks of institutions and laws, especially cumbersome procedures and irresponsibility of some agencies and individuals that lead to stagnation in construction.

Private businesses should be provided with the best possible conditions to invest in this field, the leader said, requesting the intensification of the management of public investment to prevent losses and corruption.

Given wastefulness and corruption in the sector, PM Phuc said land must be auctioned publicly and transparently, and there should be a complete technical standard system.

Apart from finalising the legal system, it is necessary to promptly remove barriers and difficulties in order to facilitate the implementation of investment projects, he added.

Strong actions must be taken to handle violations of construction and investment regulations, especially cases of public concern, he stressed.

At the teleconference, PM Phuc assigned the Ministry of Construction to complete a number of relevant draft laws and a decree to submit them to the National Assembly.

The construction investment has been prescribed in a total of 12 laws, plus various decrees and resolutions of the Government and the Prime Minister, circulars of ministries and agencies, and more than 20,000 criteria.

The overlapping documents remain the biggest challenge to the construction sector, heard the meeting.

According to Deputy Prime Minister Trinh Dinh Dung, construction investment accounts for 70-80 percent of the total social investment, even 42 percent of GDP in several years. If the capital is managed strictly and effectively, the sector would develop sustainably.

This teleconference is the third among 15 national conferences in 2018 that aim to seek suitable solutions to improve national competitiveness, improve business climate and remove difficulties in production and business, thus spurring the country’s sustainable development. -VNA