News

The National Assembly discussed the draft Law on Public Investment and the revised Law on Planning.

TB (according to Vietnam+) November 6, 2024 05:45

Today, delegates will discuss in the hall the draft Law amending and supplementing a number of articles of the Law on Planning, the Law on Investment, the Law on Investment under the public-private partnership model and the Law on Bidding.

dau-tu-cong.jpg
Yen Bai strives to speed up disbursement of public investment capital

On November 6, the National Assembly continued its working day with discussions on the Law on Public Investment (amended), the Law on amending and supplementing a number of articles of the Law on Planning, the Law on Investment, the Law on Investment under the public-private partnership model and the Law on Bidding.

In the morning session, delegates discussed in the hall the draft Law on Public Investment (amended). The Minister of Planning and Investment explained and clarified a number of issues raised by National Assembly delegates.

In the afternoon, delegates discussed in the hall the draft Law amending and supplementing a number of articles of the Law on Planning, the Law on Investment, the Law on Investment under the public-private partnership model and the Law on Bidding. Next, the Minister of Planning and Investment explained and clarified a number of issues raised by National Assembly delegates.

Regarding the amendment of the Law on Public Investment, Minister of Planning and Investment Nguyen Chi Dung said that the content of the amendment of the Law on Public Investment has fully and comprehensively specified 5 major policy groups, deeply demonstrating the spirit of breakthrough, reform, decentralization, and delegation of power of the Party Central Committee, Politburo, National Assembly, and Government according to the motto "locality decides, locality acts, locality takes responsibility."

The Central Government, the National Assembly, and the Government play a role in creating, strengthening institutional improvement, and inspecting and supervising; ensuring that people, jobs, responsibilities, and results are clear; cutting down and simplifying administrative procedures, not allowing responsibility to be passed on, and avoiding the creation of a “request-grant” mechanism...

The draft law has received high appreciation from ministries, branches, localities, international organizations, and foreign donors, especially for fundamentally removing existing problems, limitations, obstacles, and bottlenecks arising in the implementation of the 2019 Law on Public Investment; regulations on decentralization, delegation of authority, ensuring clear identification of people, tasks, and responsibilities for easy inspection, supervision, monitoring, and evaluation, meeting the requirements of management and use of public investment resources to implement three strategic breakthroughs, especially infrastructure breakthroughs in the new situation.

TB (according to Vietnam+)
(0) Comments
Latest News
The National Assembly discussed the draft Law on Public Investment and the revised Law on Planning.