Law on special economic units aims to create new momentum

Van Don, which is set to become a special administrative-economic zone, in Quang Ninh province

The draft law on special administrative-economic units was built with the aim of creating breakthroughs and new development momentum for the economy and capitalizing on advantages of localities, said Foreign Ministry Spokeswoman Le Thi Thu Hang.

She fielded a question about the purpose of the draft law on special administrative-economic units at the Foreign Ministry’s regular press conference on June 14.

She said over the past years, the State of Vietnam has continually worked to perfect policies and laws and comprehensively taken many measures to better ensure the legal rights and legitimate interests of the people, promote national development and protection, and actively integrate into the world.

The draft law on special administrative-economic units is part of the law and ordinance making programme of the National Assembly (NA) in 2018.

Vietnam plans to build the three special administrative-economic zones of Van Don in northern Quang Ninh province, Bac Van Phong in central Khanh Hoa province, and Phu Quoc in southern Kien Giang province.

On June 11, the NA agreed to postpone the consideration and adoption of the bill until the sixth session of the parliament later this year, instead of in the ongoing fifth session.

According to NA Vice Chairman Uong Chu Luu, the building of the draft law is a major policy of the Party and State. However, this is a new, complicated and controversial issue, so the NA Standing Committee had agreed with the Government to ask the legislature for permission to delay the approval of the bill in order to have more time for consideration and completion.