Việt Nam and South Korea are enjoying robust growth of their strategic co-operative partnership, high-level officials affirmed yesterday.
From December 1 this year Vietnamese who can show a minimum income of VNĐ10 million (US$440) a month can gamble in casinos.
The draft Law on Special Administrative, Economic Units needed to be substantially revised to make it feasible and to fully exploit resources for boosting economic development, according to a verification report from the National Assembly (NA) Law Committee.
Quảng Ninh, Kiên Giang and Khánh Hòa are gearing to develop special administrative-economic zones with expectations that preferential policies will be increased as the National Assembly is discussing the Law on Special Administrative-Economic Units.
The Law on Special Administrative-Economic Units must create breakthroughs in mechanisms and preferential incentives to boost economic development, experts have said.
At the fourth plenary session of the 14th National Assembly (NA), deputies said on Wednesday morning’s discussion that several points in the draft Law on Planning needed to be revised to ensure its consistency and feasibility.
The National Assembly Standing Committee opened their 14th session yesterday, with discussion centred on the draft Law on Special Administrative-Economic Units, which will be submitted to the National Assembly (NA) in October.
The northern Quảng Ninh Province plans to turn Vân Đồn special administrative-economic zone into a smart, green island urban area, Nguyễn Văn Đọc, secretary of the provincial Party Committee, said.
The abolition of people’s councils, permitting casinos to be set up and allowing foreign investors to lease land for 99 years are among the main provisions of a proposed new law to govern the three special administrative-economic zones in Việt Nam.
Prime Minister Nguyễn Xuân Phúc yesterday advised Kiên Giang Province to develop Phú Quốc Island into a unique, world-class tourism and resort centre.