At a meeting on October 12, the National Assembly (NA) Standing Committee unanimously submitted to the legislature for consideration a proposal to allow Ho Chi Minh City to continue piloting its specific mechanism until December 31, 2023, and to introduce this content into the joint resolution from the fourth session of the NA, which is scheduled to start on October 20.
After 20 years of offering preferential credit policies for the poor and policy beneficiaries under government resolutions, more than 326,000 poor and near-poor households and beneficiaries in northern Bac Kan province have obtained production loans. Policy credit has contributed to a significant reduction in poverty over the years.
The government has decided on a series of specific mechanisms to ensure that construction of three highways begins before June 30, 2023: Khanh Hoa - Buon Ma Thuot, Bien Hoa - Vung Tau, and Chau Doc - Can Tho - Soc Trang Phase 1, with total investment of more than VND84 trillion ($3.5 billion).
Party General Secretary Nguyen Phu Trong has signed a Resolution on improving the efficiency of land management and use. The land price bracket will be removed and a higher tax rate imposed on users of more than one land area, owners of more than one house, land speculators, those using land late, and those abandoning land. The resolution also specifies six groups of tasks and solutions, such as completing regulations on land allocation, land leases, and changes to land use purpose.