Resolution to improve construction investment issued

The resolution, issued on August 25, sets as the first task the completion of a legal system on construction investment ensuring consistency, synchronisation, reform of administrative procedures, simplification of business investment conditions and timely removal of barriers and obstacles in the sector.

The Government has ordered related ministries and central agencies to take the initiative in reviewing and proposing amendments and the promulgation of new legal documents to ensure uniformed implementation.

It urged the intensification of State management in all processes of construction project implementation and even the timing of its opening.

At the same time, the resolution said, the ministries and central agencies should quickly solve problems relating to all aspects of project construction investment, especially those related to administrative procedures and business investment conditions.

In the immediate time, the Ministry of Construction will continue studying and elaborating on the amendment and supplement of laws on construction, housing, the real estate business and urban planning.

The ministry was also assigned to undertake reforms and simplification of administrative procedures as well as conditions for business investment to create favourable conditions for all people and business enterprises.

The result of such works should be submitted to the National Assembly at the 7th Session in mid 2019, said the resolution.

Meanwhile, the Ministry of Planning and Investment was assigned to coordinate with other related ministries and agencies in completing the draft revised Law on Public Investment in a direction that helps simplify administrative procedures, enhance decentralisation and take the initiative in formulating, appraising and assigning medium and long-term public investment plans to increase effectiveness.

The resolution said the ministry should report the results of such works to the National Assembly at its 6th session in October this year.

The Ministry of Natural Resources and Environment (MoNRE) was assigned to coordinate with other related ministries and agencies in drafting the amendment and supplement for the revised Laws on Land. It should also take measures to improve business conditions and boost administrative reforms.

All results should be reported to the Government in the first quarter of 2019.

The Government also ordered the MoNRE to propose amendments and supplements to the Law on Environmental Protection to increase the effectiveness of environmental assessment reports. In particular, policies establishing the procedures for project evaluation and appraising construction design are to be upgraded.