VOV.VN - Deputies to the ongoing session of the National Assembly discussed amendments to the 2020 Investment Law in Hanoi on November 27, focusing on reducing unnecessary business conditions, creating a transparent and open environment.

The National Assembly (NA) on November 11 heard the proposal and verification report on the draft amended Law on Investment.

National Assembly (NA) deputies are scheduled to debate six draft laws at a plenary sitting on November 3 as part of their ongoing 10th session.

Deputy Prime Minister Nguyen Chi Dung has greenlit a proposal to expand Phu Quoc International Airport in Kien Giang province, envisioning it as a transformative project that will not only serve the 2027 APEC Economic Leaders’ Week but also establish a lasting legacy for Vietnam as a premier global tourism destination.

The amendments to the draft Law on Public Investment (amended) specify five major policy groups, deeply reflecting the spirit of breakthrough, reform, and decentralisation of power advocated by the Party Central Party, the Politburo, the National Assembly, and the Government.

National Assembly (NA) deputies debated the draft Public Investment Law (revised) on October 29, as part of their ongoing eighth session.

Besides reducing business conditions, a number of ministries and sectors have continued to issue and enforce new business conditions with stricter requirements that cause difficulties for enterprises, said Deputy Minister of Planning and Investment Tran Duy Dong.

National Assembly (NA) deputies continued an online debate on January 10 on amendments and supplements to the Law on Public Investment, the Law on Public-Private Partnership, the Law on Investment, the Bidding Law, the Electricity Law, the Enterprise Law, and the Law on Special Consumption Tax.

The Ministry of Planning and Investment (MPI) has announced plans to issue more specific criteria for special investment incentives to better attract foreign direct investment (FDI).

Over 400 business conditions were cut in the recently passed Law on Investment last year, according to Deputy Minister of Planning and Investment (MPI) Tran Duy Dong.