Proposal for Hanoi Chairman to decide on investment in a number of projects under the authority of the National Assembly

Presenting the draft, Finance Minister Nguyen Van Thang said the draft increases decentralization and delegation of power to the city, while shortening approval time, enhancing initiative while still ensuring close supervision.

Specifically, the City People's Council and the Chairman of the City People's Committee are allowed to decide on investment policies and approve investment policies for public, PPP, and private investment projects without any restrictions on capital scale, land use, resettlement requirements, etc. under the authority of the National Assembly , the Government, and the Prime Minister according to current regulations. The City People's Council promulgates procedures for establishing, appraising, deciding on investment policies, approving investment policies, and adjusting project investment policies for implementation.

Minister of Finance Nguyen Van Thang presents a report. Photo: National Assembly

When deciding on investment policies and approving specific project policies, it is necessary to apply special mechanisms and policies, based on the consent of competent authorities, the City People's Committee shall report to the Government to submit to the National Assembly Standing Committee for permission to implement special mechanisms and policies different from the provisions of laws, ordinances, resolutions of the National Assembly, resolutions of the National Assembly Standing Committee, then report to the National Assembly at the nearest session.

According to the direction of General Secretary To Lam at the 18th Party Congress, Hanoi must solve the problems of traffic congestion, flooding, environmental pollution, and urban order. According to the current law on public investment and construction, only emergency mechanisms are allowed for projects to prevent natural disasters, epidemics, national defense, security, and foreign affairs, but not for projects to deal with the urgent urban issues mentioned above.

This leads to a long time for investment preparation and implementation, failing to meet the practical requirements of quick action to resolve the city's "bottlenecks".

In order to promptly resolve the above issues under the direction of General Secretary To Lam, the draft resolution stipulates that new investment projects and construction renovation projects to handle bottlenecks and urgent issues are subject to the application of emergency public investment mechanisms and emergency construction orders according to the law on public investment and construction.

Presenting the review, Chairman of the Economic and Financial Committee Phan Van Mai said that the specific policies proposed in the draft resolution are outstanding policies, capable of having a great impact on the socio-economic situation of the capital, the balance of the state budget, the safety of the credit system and directly affecting the rights and legitimate interests of the people.

The Standing Committee of the Committee found that there was no thorough and complete impact assessment report, so it is necessary to clearly define the reporting and post-audit mechanism, and at the same time supplement appropriate monitoring and accountability methods to ensure increased decentralization and delegation of authority along with increased self-responsibility.

National Assembly Chairman Tran Thanh Man. Photo: National Assembly

Implementation must also limit the risk of disrupting the master plan.

Speaking at the meeting, National Assembly Chairman Tran Thanh Man said this is an immediate resolution, and after the election of deputies to the 16th National Assembly, the Capital Law must be amended to resolve the problems.

"The National Assembly amended the Capital Law with the hope that the Capital Law would be more special than other laws, but later other laws became more superior, so the Capital Law became outdated," the National Assembly Chairman stated.

According to the National Assembly Chairman, this resolution aims to remove obstacles in mobilizing resources to promote the capital's rapid and sustainable development, promote double-digit economic growth and promote the overall development of the whole region.

The National Assembly Chairman requested that the selection of investors and contractors must ensure fairness and transparency; implementation principles must also limit the risk of disrupting the master plan.

Meanwhile, Chairman of the Hanoi People's Committee Vu Dai Thang expressed his "touching" when the National Assembly Standing Committee gave its opinion on the Government's submission based on Hanoi's proposal.

He shared that although the preparation time was a bit tight, the ministries and branches, together with Hanoi, had thoroughly reviewed, based on the practical situation of the projects and works that the capital was pursuing.

Chairman of Hanoi People's Committee Vu Dai Thang speaks. Photo: National Assembly

According to the Chairman of Hanoi, the proposed policies of Hanoi, ministries, branches, and the Government have been reviewed and compared with current documents and laws. He said that this is the wish of the Capital and ministries to resolve the problems, especially with key, large, and important projects in the area in the near future.

The Chairman of Hanoi said that the city is preparing to propose to the Politburo and the Central Committee to amend Resolution No. 15 on the direction and tasks of developing the capital until 2030, with a vision to 2045, creating a basis for amending the Law on the Capital and is expected to submit it in April 2026, the beginning of the 16th National Assembly term.

However, due to some urgent work, the city wishes to have this resolution to promptly deploy some works and projects and especially organize the implementation of the Capital planning.

Vietnamnet.vn

Source: https://vietnamnet.vn/chu-tich-ha-noi-noi-ve-dieu-cam-dong-khi-thu-do-duoc-de-xuat-co-che-dac-thu-2469437.html