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.
Party General Secretary Nguyen Phu Trong signed and promulgated a Resolution from the Politburo on May 5 regarding directions and tasks to develop Hanoi to 2030 with a vision to 2045. By 2045, Vietnam’s capital will be a globally-connected city with a high standard of living and quality of life, post per capita gross regional domestic product (GRDP) of over $36,000, and experience a level of development on par with capitals in developed countries in the region and the world.
A Resolution on national land use planning for the 2021-2030 period and vision to 2050, approved by the National Assembly (NA) on November 13, requires amendments to the Land Law and related laws to ensure consistency in improving the efficiency of land management and use, with criteria to soon be issued allowing the conversion of rice and forest land use purposes.
Recent provisional regulations issued by the government specify four pandemic levels in which specific socio-economic activities are allowed to operate. Intra-provincial and inter-provincial goods transportation and circulation, production plants, and traffic and construction works are allowed to operate at all four levels.
A draft resolution process chaired by the Ministry of Planning and Investment has set out four groups of urgent tasks and solutions to help businesses overcome the difficulties amid Covid-19. By the end of this year, about 1 million businesses and customers will receive credit support; about 160,000 enterprises will be granted extensions to tax payments; exemptions or reductions of taxes, fees, and land rents will be introduced; and about 50,000 businesses will return to operation.