NA asked to delay approval of draft law on special economic zones

ABO/NDO – The Government and the National Assembly Standing Committee have agreed to ask the legislature to delay the adoption of the draft Law on special administrative-economic units to have more time for research and completion.

A view of Van Don, which is set to be one of the three special administrative-economic zones of Vietnam (Photo: VNA)

The delay will be between the fifth and the sixth session of the 14th National Assembly, according to the Government Office.

The draft Law on Special Administrative – Economic Units of Van Don, Bac Van Phong and Phu Quoc has been built thoroughly to instutionalise the Party’s resolutions and the Constitution 2013 and create a legal foundation for the construction of the three aforesaid economic zones.

The bill had been deliberated at the fourth sitting of the 14th National Assembly.

At the ongoing fifth session, deputies, scientists, economists, experts and constituents actively contributed their opinions to the draft law.

The delay aims to successfully build three special administrative-economic units towards ensuring national defense and sovereignty and meeting the aspirations of legislators, voters and people nationwide, according to the Government Office.

Regarding the land lease duration, the Government will consider and submit to the National Assembly for adoption of regulations as prescribed in the Land Law. There will be no regulations on a special land lease of up to 99 years in special economic zones.

(Source: NDO)