Prioritize recovery of projects that are being wasted
Báo Tin Tức•30/10/2024
On the morning of October 30, continuing the program of the 8th session of the 15th National Assembly , delegates listened to the Presentation and Verification Report on 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 form of public-private partnership and the Law on Bidding. On the sidelines of the session, VNA reporters had an interview with National Assembly delegates about the impact of amending the above 4 laws and the points that need to be supplemented to make the law closer to real life.
Delegate Nguyen Thi Hong Hanh ( Ho Chi Minh City delegation): Wishing to solve practical problems
Ho Chi Minh City National Assembly delegate Nguyen Thi Hong Hanh speaks. Photo: Phuong Hoa/VNA
I believe that the development and promulgation of the 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 will resolve urgent difficulties and problems in practical implementation related to planning, investment and business activities, investment under the public-private partnership model and bidding activities. I strongly agree and support the viewpoint of a law amending the above 4 laws. Because these are areas with many bottlenecks when localities, especially Ho Chi Minh City, carry out socio -economic development. This law amendment will legalize many practical issues; in which what impresses me is the strong decentralization and authorization to localities, as well as investors in the process of project implementation. I am very interested in the Law on Bidding; including the content of bidding in special cases in Article 29 at Point d, Clause 1 on the issue of choosing lawyers and law practice organizations to participate in resolving international disputes. The draft law has added a new point related to this activity, which is to expand the scope for choosing lawyers. First of all, I support this addition. However, I think that this addition still does not meet practical requirements. For example, there are currently regulations on choosing lawyers to resolve international disputes at international and foreign judicial agencies. However, in practice, there are cases where Vietnamese judicial agencies are international in scope, when there is a dispute, investors on the Vietnamese side choose this judicial agency but do not have a basis to apply the selection of lawyers in special cases. I really hope that the law amendment should update all current difficulties to ensure that when the law is promulgated, it will resolve practical problems. I think that the National Assembly will consider and comment on a draft law amending 4 investment laws, or a draft law amending 7 laws to remove difficulties and obstacles in the financial and budgetary sectors, showing that the National Assembly is very interested in solving current practical problems to promote the socio-economic development. However, from the perspective of someone working in institutional development, I wonder whether the time in one session can fully assess the impacts or not, that is what I am concerned about. Delegate Tran Hoang Ngan (Ho Chi Minh City delegation): Revoking and terminating the operation of long-term projects
Ho Chi Minh City National Assembly delegate Tran Hoang Ngan speaks. Photo: Doan Tan/VNA
Regarding the content of this law amendment, I strongly agree with the issue of promoting the recovery and termination of long-term projects. But the most important thing is that when recovering, the evaluation board and the recovery evaluation council must pay attention to the reasons of force majeure. Currently, there are projects that are being implemented at 50-60%, if they are recovered, the compensation price and refund to investors will also be difficult. Therefore, the recovery needs to be done soon, with priority given to recovering empty projects and projects that are left to waste. As for projects that are under construction and do not ensure progress, the recovery will be carried out later. Most of the content of the Law on Investment under the Public-Private Partnership method is a summary of resolutions and specific policies and mechanisms of localities for legalization. Regarding the content of applying a flexible mechanism in allocating sufficient state capital to participate in the implementation of public-private partnership projects, the direction of continuing to stipulate the state capital ratio at 50%, assigning the Prime Minister or the Provincial People's Council to decide on a higher state capital ratio, but not exceeding 70% of the total project investment. Thus, public-private partnership but state capital is raised to 70%, therefore, it is necessary to limit and increase the importance of that project. I propose that there be detailed regulations and instructions applicable to such projects.
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