NA debates draft Law on Special Administrative - Economic Units

by VTV423 November 2017 Last updated at 07:19 AM

VTV.vn - National Assembly deputies have agreed on the need to enact the Law on Special Administrative-Economic Units.

At an ongoing session in Hanoi on Wednesday they said the model is unprecedented and should be trialled before being fully adopted.

They agreed that the law would be applicable to the 3 special zones of Van Don, North Van Phong and Phu Quoc since they represent regions with geo-strategic economic importance.

Some deputies said the law should clearly stipulate that investment is not to be solicited regardless of cost and spell out principles for establishing and managing special zones with priority given to safeguarding national sovereignty and cultural identity.

Deputies also discussed the organisation of authorities and socio-economic development  of the special zones.

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2024-11-08 11:08 UTC