Hanoi (VNA) – Special cases that could leaseland up to 99 years for production and business in special economic zones willnot be regulated in the draft Law on Special Administrative and Economic Unitsof Van Don, Bac Van Phong, and Phu Quoc.
This was agreed by the National Assembly Standing Committee and the Governmentafter taking into account many aspects of the issue which caught interests andgathered a lot of ideas from NA deputies, people of all walks of life andvoters nationwide, the National Assembly Office said in its announcementreleased on June 9.
Thedraft Law on Special Administrative and Economic Units of Van Don, Bac VanPhong, and Phu Quoc was debated at the ongoing fifth session of the 14th NationalAssembly in Hanoi.
The NA Standing Committee will submit the draftlaw to the legislature for consideration and adoption at the sixth session,according to the NA Office.
Earlier on June 9, the Government Officereleased an announcement saying it had asked the NA to delay the approval ofthe bill to have more time for research and completion until the next meeting.
The draft Law on Special Administrative –Economic Units has been built thoroughly to instutionalise the Party’sresolutions and the Constitution 2013 and create a legal foundation for theconstruction of the three aforesaid economic zones.
The bill had been deliberated at the fourthsitting of the 14th National Assembly.
At the ongoing fifth session, deputies,scientists, economists, experts and constituents actively contributed theiropinions to the draft law.
The postponement aims to successfully buildthree special administrative-economic units towards ensuring national defenseand sovereignty and meeting the aspirations of legislators, voters and peoplenationwide, according to the Government Office.
Regarding the land lease duration, the Governmentwill consider and submit to the National Assembly for adoption of regulationsas prescribed in the Land Law without the regulation on a special land lease ofup to 99 years in special economic zones.
Speaking on the sidelines of the National Assembly (NA)’s fifth session on June7, Prime Minister Nguyen Xuan Phuc has affirmed that all ideas on the landlease period crafted in the draft Law on Special Administrative-Economic Unitsof Van Don, Bac Van Phong and Phu Quoc will be considered, and reasonableadjustments will be made to meet people’s aspiration. -VNA
The building of a legal framework plays an important role in forming special administrative-economic zones and attracting investments in these areas, said Minister of Planning and Investment Nguyen Chi Dung at a workshop in Hanoi on May 18.
Ensuring defence security is the number one principle when designing the draft law on special administrative-economic units, affirmed Minister of Planning and Investment Nguyen Chi Dung.
The Government and the National Assembly Standing Committee have agreed to ask the legislature to delay the adoption of the draft Law on special administrative-economic units to have more time for research and completion.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
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At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
Vice Chairman of the municipal People’s Committee Nguyen Manh Cuong highlighted ASEAN’s nearly six decades of development, during which the region transformed from division to harmony, from confrontation to cooperation, and from poverty to dynamic growth, becoming a global bright spot for regional cooperation.
Thirty years ago, on July 28, 1995, Vietnam’s accession to ASEAN marked a historic strategic decision, opening a new chapter in the country’s integration process and beginning its strong rise.
Ambassador Vu Le Thai Hoang has outlined specific priorities and proposals for cooperation with the UNODA in preparation for the upcoming 11th Review Conference of the Non-Proliferation of Nuclear Weapons (NPT).
The Vietnamese Party leader's visit is therefore expected to mark a new stage in the development of the Comprehensive Strategic Partnership between the two countries, with a focus on such areas as digital transformation, supply chains, semiconductors, clean energy, and maritime security, Choe assessed.
At their meeting, which took place in the Angolan capital of Luanda on August 7 as part of State President Luong Cuong’s ongoing state visit to the African nation, the two officials also agreed to make full use of existing cooperation mechanisms, particularly the Vietnam – Angola Intergovernmental Committee, and step up exchanges of delegations at all levels.
A corner of Phu Quoc island district (Photo: VNA) 
