Prime Minister Nguyen Xuan Phuc affirmed his willingness to listen with high responsibility to opinions of intellectuals, experts, people and particularly National Assembly deputies on the proposal of land lease of 99 years in the draft law on special administrative-economic units.
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.
The People’s Council of the central province of Khanh Hoa adopted a resolution approving a project establishing Bac Van Phong (Northern Van Phong) special administrative-economic unit during its fifth session on December 7.
Phu Quoc island district, the southern province of Kien Giang, holds potential to become a special administrative-economic as it has pour big investment into infrastructure.
A series of projects worth a total 61 trillion VND (2.7 billion USD) will be built in the Van Don Special Administrative – Economic Unit, the northern province of Quang Ninh in 2018.
Quang Ninh, Kien Giang and Khanh Hoa are gearing to develop special administrative-economic zones with expectations that preferential policies will be increased as the National Assembly is discussing the Law on Special Administrative-Economic Units.
Quang Ninh needs a special administrative-economic unit with specific preferential mechanism to make the best use of local advantages, and attract investment to speed up economic restructuring and development.
The People’s Council of the northeastern border province of Quang Ninh has approved a project proposing the establishment of Van Don special administrative-economic unit at its sixth meeting of the 13th tenure in Ha Long city.
Prime Minister Nguyen Xuan Phuc has allowed the northern province of Quang Ninh to build the Van Don Economic Zone towards a special administrative-economic unit.