Focus on removing obstacles for projects in Ho Chi Minh City, Hanoi, Da Nang and some major provinces and cities to free up resources in 2025.
On the morning of February 19, after 6.5 days of working with a spirit of democracy, innovation, science, and high responsibility, the 9th extraordinary session of the 15th National Assembly (NA) closed, voting to pass many important resolutions and laws for the country's development.
Promote private economic development
In the Resolution on supplementing the 2025 Socio-Economic Development Plan with a growth target of 8% or more, the National Assembly resolved to adjust a number of key targets: Gross Domestic Product (GDP) growth rate of 8% or more, GDP scale in 2025 reaching about 500 billion USD; GDP per capita of about 5,000 USD; average consumer price index (CPI) growth rate of about 4.5% - 5%.
To achieve the above goals, the National Assembly requested the Government and agencies to step up the improvement of institutions and laws and improve the effectiveness of law enforcement. Continue to improve the legal framework to promote the rapid, healthy and effective development of markets such as finance, securities, science - technology, labor, real estate... develop specific policies to develop economic zones with great potential such as Van Don, Van Phong, border economic zones and regions according to the resolutions of the Politburo. In 2025, basically complete Long Thanh airport, put into operation Tan Son Nhat T3 and Noi Bai T2 terminals; start construction of Lien Chieu port; speed up investment preparation procedures for strategic and important national transport infrastructure projects. Reform administrative procedures, improve the investment and business environment, create all conditions to quickly resolve investment procedures, difficulties and obstacles in investment and business activities.
Party and State leaders attend the closing session of the meeting. Photo: LAM HIEN
The National Assembly also requested to urgently and effectively implement the Project of International Financial Center in Ho Chi Minh City; Regional Financial Center in Da Nang; build free trade zones, border economic zones in some key economic localities such as Da Nang, Ba Ria - Vung Tau, Hai Phong, Quang Ninh, Khanh Hoa, Binh Duong, Dong Nai. Promote the development of private economy, collective economy, especially small and medium enterprises to participate more deeply in the global value chain. Develop a mechanism to prioritize the formation and development of new production forces, build mechanisms and policies to strongly develop large-scale, ethnic enterprises.
At the same time, review and immediately find solutions to handle stuck projects, especially renewable energy, BOT, BT, transportation, real estate and other fields. In the immediate future, build a special mechanism to focus on removing obstacles for projects in Ho Chi Minh City, Hanoi, Da Nang and some major provinces and cities to free up resources in 2025; soon complete investment procedures for Can Gio international seaport.
Special mechanism for urban railways
The National Assembly has approved a resolution to pilot a number of specific and special mechanisms and policies to develop the urban railway network system in Hanoi and Ho Chi Minh City, allowing the piloting of 6 specific and special mechanisms and policies.
Accordingly, the National Assembly allows the Prime Minister to base on the ability to balance and arrange the medium-term public investment plan, the annual central budget capital supplemented with targets for the local budget, not exceeding VND 215,350 billion for Hanoi and not exceeding VND 209,500 billion for Ho Chi Minh City in the medium-term public investment plan periods of 2026 - 2030 and 2031 - 2035 as the basis for deciding on investment and implementing investment projects. The City People's Council is responsible for balancing and arranging the medium-term public investment plan, the annual local budget capital as the basis for deciding on investment and implementing investment projects in the list. This source will come from foreign loans, local government bonds, increased revenue, expenditure savings and other legal sources. Similarly, the City People's Committee is allowed to decide on the allocation of capital from the city budget in the medium-term public investment plan and the annual public investment plan, before making an investment decision to serve the project. Regarding procedures, the National Assembly allows the urban railway project under the TOD model to immediately carry out the project preparation, appraisal, and investment decision without having to carry out the procedures for preparation, appraisal, decision on investment policy and other procedures related to the investment policy decision according to regulations. The City People's Committee is allowed to organize the preparation, appraisal, approval, and adjustment of the project route plan, project location on the urban railway route, and TOD area planning, ensuring that the technical infrastructure system, social infrastructure, etc. are met.
Graphics: LE DUY
The adopted resolution also has specific regulations on specific mechanisms for Ho Chi Minh City. Specifically, in the TOD area, the City People's Committee is allowed to collect and use 100% of the following revenues to develop the urban railway system, public transport system, and infrastructure: revenue from additional construction floor area of civil works construction projects; revenue from exploiting added value from land in the TOD area; infrastructure improvement fees. The City People's Committee is allowed to borrow through issuing local government bonds, borrowing from financial institutions, foreign loans from the Government... with the total outstanding loan balance not exceeding 120% of the city's budget revenue according to decentralization. In case it exceeds 120%, the National Assembly will consider and adjust...
Historical moment must have historical decision
Speaking at the closing session, Chairman of the National Assembly Tran Thanh Man said that at this session, the National Assembly considered and passed four laws, including: Law on Organization of the Government (amended); Law on Organization of Local Government (amended); Law on Amendments and Supplements to a Number of Articles of the Law on Organization of the National Assembly; Law on Promulgation of Legal Documents (amended); Resolution on handling a number of issues related to the reorganization of the State apparatus and four resolutions to implement the reorganization of the National Assembly and Government for the 15th National Assembly term; and passed six resolutions to promote the country's socio-economic development and specific mechanisms and policies for a number of important projects and key national works.
"This is an important milestone in the law-making process, of great significance in serving the revolutionary cause of streamlining the political system's apparatus and promptly removing difficulties and obstacles in terms of institutions and policies, creating breakthroughs to perfect infrastructure, promote resources, and create new development space for localities and the whole country," said the NA Chairman.
At the same time, personnel work has been carried out strictly, in accordance with Party regulations and State laws, achieving high consensus and unanimity among National Assembly deputies. According to the National Assembly Chairman, many National Assembly deputies have acknowledged that the draft laws submitted at this session have many new issues, are correct and accurate, concise, easy to understand, in line with the spirit of innovation in law-making thinking; affirming timely, inevitable, objective, correct, far-sighted, and convincing policies of the Party and State; have caught the right pulse, without hesitation or hesitation to promptly overcome the shortcomings, obstacles, and bottlenecks that slow down the country's development. "At this important historical moment of the nation, there must be historic, breakthrough decisions for the country's development" - the National Assembly Chairman emphasized.
At this session, the National Assembly also passed the Law on Organization of Local Government (amended), which stipulates that local government in administrative units is a local government level consisting of the People's Council and the People's Committee.
Investment in Lao Cai - Hanoi - Hai Phong railway line
On the same day, the National Assembly also passed a Resolution on the investment policy for the Lao Cai - Hanoi - Hai Phong railway construction project, with a preliminary total investment of VND 203,231 billion (over USD 8.3 billion) in the form of public investment, striving to complete the project by 2030 at the latest. At the same time, it passed a Resolution on a number of special mechanisms and policies for investment in the construction of the Ninh Thuan nuclear power project; and a Resolution on piloting a number of special mechanisms and policies to create breakthroughs in science and technology development, innovation and national digital transformation.
Source: https://nld.com.vn/quoc-hoi-quyet-dinh-nhieu-van-de-trong-dai-196250219215204705.htm
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