Continuing the program of the 10th Session, 15th National Assembly, discussion session in the hall (morning of November 27), National Assembly delegate Tran Quoc Tuan - Member of the Provincial Party Standing Committee, Director of the Department of Industry and Trade of Vinh Long province participated in the discussion on the draft Investment Law (amended).
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At the discussion session, National Assembly delegate Tran Quoc Tuan said that after studying Report No. 679/BC-BTC dated November 25, 2025 of the Ministry of Finance , he received and explained the opinions of National Assembly delegates discussing in the Group on the draft Investment Law (amended). The delegate highly appreciated the spirit of openness and efforts to absorb the drafting agency, the newly updated draft Law clearly demonstrated the spirit of institutional reform, towards a transparent, stable, internationally competitive investment environment, in line with the orientation of Resolution 66-NQ/TW and Resolution 192 of the National Assembly on supplementing the Socio-Economic Development Plan for 2025.
However, through studying the draft Law documents and working directly with many businesses, delegates realized that there are still a number of key issues that need to be further researched and improved so that the Investment Law (amended) can truly become a "Law on development creation", forming a strong enough legal foundation to unlock and attract social resources, especially in the context of our goal of double-digit growth from 2026. Delegates focused on the strategic issue in Clause 4, Article 23 of the draft Law, which stipulates that "The mechanism for approving investment policies and simultaneously approving investors" is as follows:
Resolution 68-NQ/TW on developing the private economy to become the most important driving force in the national economy clearly stipulates the requirement of "forming industry chains, value chains, and supply chains". To have these chains, there must be a legal mechanism to ensure that investors can synchronously implement a chain of interconnected projects, and not bid for each project separately. In reality, many large investors have proposed chains of renewable energy, new energy, and supporting industry projects... in accordance with industry and local planning. These are considered projects with the ability to create regional growth momentum and strong spillovers.
However, the current Investment Law and the draft Investment Law (amended) have not yet stipulated a mechanism allowing an investor to be approved simultaneously for the entire project chain. The lack of such a mechanism has resulted in a loss of synchronization in infrastructure and operation; prolonged administrative procedures; reduced motivation to propose large-scale projects and unintentionally "blocked" the projects that we urgently need to achieve the proposed high growth target. This is the "institutional bottleneck" that we see very clearly but has not yet been resolved.
Accordingly, Clause 4, Article 23 of the draft Law has added 4 cases where both investment policy and investors are approved simultaneously, but there is still no case for industry-linked project chains. Therefore, the delegate proposed to add an additional point in Clause 4, Article 23 with the following content: “e) Project chains (including new investment projects and operating projects) proposed by investors to synchronously connect technical infrastructure or form industry-linked clusters, value chains, product-service supply chains, ensuring effective exploitation and operation; at the same time, assign the Government to specify in detail”. The delegate's proposal to add the above provisions is completely reasonable with 3 specific reasons, which are:
Firstly, to directly institutionalize the spirit of Resolution 68-NQ/TW on developing the private economy into the most important driving force in the national economy, especially the requirement to develop industry clusters, value chains, and supply chains.
Second, it does not affect the principles of competition and transparency, because that regulation is only applied when: investors proactively propose; at the same time, that project chain must be consistent with industry planning, local planning and not subject to auction or bidding according to the Land Law and Bidding Law.
Third, this regulation will help shorten investment preparation time, reduce administrative costs and create incentives for large enterprises to invest in regional-scale complexes.
According to the delegate, when this regulation is established, the Investment Law (amended) will become the main driving force to promote the administrative procedure machine to run faster, creating momentum for higher economic growth. However, to avoid abuse and ensure transparency for the above proposed content, it is recommended that the Government should provide clear and strict guidance and regulations on the criteria for determining the chain of industry-linked projects; a mechanism for public and transparent information and close monitoring of other related contents... This will help this mechanism to promote its objectives, limit abuse and create confidence for investors. The addition of the above regulation in Clause 4, Article 23 of the draft Law will have a huge impact:
create a legal mechanism for integrated "super projects" that many corporations are proposing.
significantly reduce costs and procedural time.
, enhance Vietnam's competitiveness in attracting regional investment;
ensure transparent state management and full accountability.
If we truly want the private economy to become an important driving force of the economy, the Investment Law (amended) this time must pave the way and remove the biggest bottleneck in the project chain investment model.
With a spirit of strong reform and accompanying businesses, National Assembly delegate Tran Quoc Tuan believes that the National Assembly will consider thoroughly to create a breakthrough for the investment environment in the new period.
YEN NHU (recorded)
Source: https://baovinhlong.com.vn/kinh-te/202511/thao-go-diem-nghen-cho-dau-tu-chuoi-du-an-trong-luat-dau-tu-sua-doi-fe63550/
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