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Draft Law on SEZs potentially remains to be put on hold

It is highly likely that the draft Law on Special Administrative-Economic Units will not be approved in the next meeting session of the National Assembly in November this year.

Decision to suspend draft law on SEZs turns out to be a praiseworthy move

According to Dr. Nguyen Duc Thanh, the current draft law on Special Administrative-Economic Units has failed to do the single most important thing which is to create breakthroughs in the business environment and administrative institutions.

Draft law on SEZs still on suspension despite land lease term of 99 years guaranteed to be shortened

The recently overheated matter of a land lease term of 99 years applying at special economic zones on a trial basis has been affirmed to be shortened but the draft law on Special Administrative-Economic Units remains not to be approved in this plenary session of the National Assembly.

Legalization of condotel being ignored due to lack of synchronized laws

Proposal of concerned ministries to amend the four laws, including the Law on Real Estate Business, Land Law, Housing Law and Construction Law to legalize condotel was not considered by the National Assembly this time.

Vietnam NA will continue to discuss the draft Law on Special Administrative and Economic Units

The Law on Special Administrative and Economic Units is one of the highlighted issues put high on agenda in the fifth working session of 14th National Assembly.

National Assembly concerns about plans to apply property tax on a pilot basis in Hochiminh City

Nearly all National Assembly members agreed to apply new regulations for Hochiminh City (HCMC) on a pilot basis, but doubts remain over property taxation.

Settlement of bad debts to chalk out bustling M&A in the banking sector

The National Assembly’s Resolution No. 42/2017/QH14 dated June 21, 2017 on the pilot settlement of bad debts of credit institutions is expected to remove barriers for the mergers and acquisitions (M&A) in the banking sector.

Deputies critical of draft Forest Law

National Assembly deputies said on Monday that the Law on Forest Protection and Development had not clearly identified responsibility for forest protection nor encouraged people to participate seriously in protecting the country’s trees.

Vietnam’s legislators approve to fast-track multi-billion-dollar airport

The National Assembly has agreed to allow site clearance for Long Thanh Airport to begin at an estimated cost of US$1 billion.

Vietnamese lawmakers back new tourism fund, reject controversial hotel surcharge

Tourism officials have been blaming a dearth of cash on ineffective PR efforts.

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