Cases that workers stop working and gather in cities and provinces have decreased gradually and by June 16, most of the protesting workers resumed their work, said an official of the Vietnam General Confederation of Labour (VGCL).
VOV.VN - Vietnam’s National Assembly has delayed the adoption of the draft law on the special administrative and economic units of Van Don, Bac Van Phong, and Phu Quoc until the next session.
The draft Law on Special Administrative-Economic Units of Van Don, Bac Van Phong and Phu Quoc has been a hot topic not only at the on-going fifth session of the 14th National Assembly but also on the mass media during recent days.
Special cases that could lease land up to 99 years for production and business in special economic zones will not be regulated in the draft Law on Special Administrative and Economic Units of Van Don, Bac Van Phong, and Phu Quoc.
Prime Minister Nguyen Xuan Phuc has affirmed that all ideas on the land lease period crafted in the draft Law on Special Administrative-Economic Units of Van Don, Bac Van Phong and Phu Quoc will be considered, and reasonable adjustments will be made to meet people’s aspiration.
Contentious contents in the draft law on the special administrative-economic units of Van Don, Bac Van Phong and Phu Quoc were the centre of discussions among National Assembly deputies on May 23 morning.
More than half of the investors seeking to buy land on Phu Quoc Island and areas to be used as special economic zones (SEZ) in the future are from the north and Hanoi.
The National Assembly’s Standing Committee has just delivered the last-round comments to the Draft Special Administrative Economic Zone Law (SAEZ) before it will be submitted to the National Assembly’s upcoming fifth session in late May.
Authorities in central coastal Khanh Hoa Province have called for improvement in land management in Van Ninh District, which is planned to become Bac Van Phong special administrative economic unit.
VOV.VN - Bac Van Phong district in Khanh Hoa has many advantages to become a special economic zone. It’s expected to be named as a special administrative-economic zone, creating a lever for the central region’s development.
The People’s Committee in the central coastal province of Khanh Hoa estimated that more than VND100 trillion (US$4.4 billion) was needed to develop infrastructure for the Bac Van Phong Special Administrative-Economic Unit by 2025.
All three special economic zones (SEZs) Vietnam plans to set up – Phu Quoc, Bac Van Phong and Van Don – will give priority to services, tourism and integrated entertainment with casinos.
Vietnamese provinces are taking action in advance of a predicted wave of foreign investment inflows headed towards three special economic zones, which are soon to be supported by a new law on special administrative-economic zones.
A series of projects worth a total VND61 trillion (US$2.7 billion) will be built in the Van Don Special Administrative – Economic Unit, the northern province of Quang Ninh in 2018, according to Deputy Head of the management board of Quang Ninh economic zone Hoang Trung Kien.
The Law on Special Administrative-Economic Units must create breakthroughs in mechanisms and preferential incentives to boost economic development, experts have said.
Van Don island district in the northern province of Quang Ninh has received approval to set up a special administrative-economic zone. With open policies and incentives, the zone is set to become a dynamic area in the country.
Most special economic zones (SEZs) around the world have to experience at least one decade before gaining success.
VOV.VN - Quang Ninh province is fine-tuning mechanisms and policies for the establishment and operation of the Van Don Special Administrative Economic Zone.
PM Nguyen Xuan Phuc said a special legal framework with outstanding preferences is needed to develop three special economic zones (SEZs) — Van Don in Quang NInh, Bac Van Phong in Khanh Hoa and Phu Quoc in Kien Giang.
Minister of Planning and Investment Nguyen Chi Dung said three new special economic zones can attract at least US$10 billion worth of foreign direct investment (FDI) in the next five years.