Establish an Investment Support Fund to attract strategic investors

Major General Trang A Tua, National Assembly Delegate of the province, spoke at the discussion session.

Participating in giving opinions on the content of amending and supplementing a number of articles of the Investment Law, Venerable Thich Duc Thien, National Assembly Delegate of Dien Bien province, said that the establishment of an Investment Support Fund from additional corporate income tax revenue according to regulations on preventing erosion of the global tax base and other legal sources to stabilize the investment environment, encourage and attract strategic investors, multinational corporations and support domestic enterprises in a number of areas that need investment encouragement is extremely necessary.

According to the delegate, wherever businesses go, they pay great attention to investment incentives. Investment incentives also take advantage of FDI enterprises' resources and take advantage of science and technology to develop the country. Mentioning the fact that the owner of NVIDIA Corporation came to Vietnam very early but invested 200 million USD in Indonesia to build an AI data center; or recently, Google announced that it would invest 1 billion USD in Thailand to build a data center, Venerable Thich Duc Thien said that the risk of losing the opportunity to welcome large investors is very high.

“In order not to miss such opportunities, we must support investors as quickly as possible. Surrounding countries are creating great advantages for businesses. For example, Vingroup invested in the Vinfast factory in India, from the time of meeting to the groundbreaking took only 1 month. We must also support investors as quickly as that,” Venerable Thich Duc Thien affirmed.

Participating in giving opinions on the draft Resolution on piloting the handling of evidence and assets during the investigation, prosecution and trial of a number of criminal cases, Major General Trang A Tua, National Assembly Delegate of Dien Bien province, agreed with the necessity of issuing the Resolution; agreed that the scope of application of the Resolution is criminal cases and cases under the supervision and direction of the Central Steering Committee on anti-corruption and negativity; not applicable to evidence and assets subject to handling under the provisions of Clause 3, Article 106 of the Criminal Procedure Code.

Delegate Trang A Tua basically agreed with the pilot measures for handling evidence and assets during the investigation, prosecution and trial of a number of criminal cases and cases stipulated in the draft Resolution. However, he suggested that the Drafting Committee study and review the provisions at Point a, Clause 1, Article 3 of the draft Resolution, which stipulates that “In cases where evidence and assets are money that has been seized, temporarily detained or frozen and the prosecution agency clearly identifies the owner, the victim, the amount of damage, and at the same time has a request from the victim or their representative and a request from the suspect, defendant or other person who is the owner of the evidence and assets, the prosecution agency shall issue a decision to return the money to the victim in the order and proportion prescribed by the law on civil judgment enforcement”. The delegate said that the content at this point is within the provisions of Point b Clause 3 Article 106 of the Criminal Procedure Code, which is "Immediately return the evidence to the owner or legal manager if it is deemed not to affect the handling of the case and execution of the judgment".

Source: https://baodienbienphu.com.vn/tin-tuc/chinh-tri/219183/thanh-lap-quy-ho-tro-dau-tu-de-thu-hut-cac-nha-dau-tu-chien-luoc