Government listens to advice on adjustment of special administrative-economic unit bill

Prime Minister Nguyen Xuan Phuc talked to the press about the contents of the draft Law on Special Administrative-Economic Units on the sidelines of the ongoing fifth meeting of the 14th legislature in Hanoi on June 7.

Prime Minister Nguyen Xuan Phuc (Photo: VOV)
Prime Minister Nguyen Xuan Phuc (Photo: VOV)

The PM said that the establishment of special economic zones has been successful in many countries around the world such as China and Japan. But there are also countries in which setting up such zones has been unsuccessful, he noted.

Currently, the bill is being adjusted and completed, he said, adding that the National Assembly will carefully analyse all ideas related to the draft law before approving it.

He appreciated all opinions sent by voters across the country as well as overseas Vietnamese regarding this issue.

The Government leader also clarified that the time limit of 99 years on land leases is only granted to special cases after being considered by the PM in consultation with authorised agencies.

National and economic security must go hand in hand when building a special zone, and no particular country will have an exclusive right of investment in this area, he noted.

The PM also emphasised the need for attractive policies to facilitate investment but top priority must be given to national interests as well as to ensuring national independence, sovereignty and freedom.

The formation of special economic zones must be implemented in line with the resolutions of the 12th Party Congress and the Party Central Committee, as well as directions from the Politburo on policies related to the building of the zone, he added.