Law building a key task this month: Prime Minister

Prime Minister Pham Minh Chinh on August 14 stressed law building as a key task for ministries and agencies this month, urging great efforts to complete the draft laws that are slated to be submitted to the National Assembly for consideration and approval at its eighth meeting, scheduled for October.

Under the PM's chair, permanent Cabinet members and ministries and agencies discussed the building of draft laws in the realms under the management of the Ministry of Planning and Investment (MPI) and the Ministry of Finance, which included a proposal on revising the Law on Public Investment Law, and the draft law amending and supplementing a number of articles of the Planning Law, the Investment Law, the Law on Public-Private Partnership, and the Bidding Law.

Participants agreed on the need to build the revised Law on Public Investment Law, with PM Chinh stressing that the building of laws must reduce administrative procedures for people and businesses, step up decentralisation in parallel with resources allocation, and ensure timely rewards as well as discipline in public investment.

The Government leader asked the MPI to closely coordinate with NA agencies and collect feedback from agencies, organisations, experts, scientists and other stakeholders on the draft law.

For the other draft law, the participants shared the view that it is hoped to remove obstacles in the process of implementing investment, speed up and improve the quality of planning, simplify procedures, and accelerate the implementation of projects and bidding packages.

Chinh said the amendments should address urgent issues and create motivation for strategic investors that hold high technologies, noting the impacts of such amendments must be put under thorough consideration.