National Assembly (NA) deputies will continue their ongoing fifth session on May 30 discussing important matters, including a draft Law on Electronic Transactions (revised) and a draft resolution on pilot special policies for the development of Ho Chi Minh City.
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| An overview of the NA's fifth session__Photo: VNA |
The draft Law on Electronic Transactions (revised) has seven chapters and 54 articles. Compared to the current version, the bill has 31 new and nine amended articles, while erasing a number of regulations in five and eliminating three articles.
During the morning discussion, NA deputies will decide the investment policy for the project to construct road from National Highway 27C to Road 656 in Khanh Hoa province which links to Lam Dong and Ninh Thuan provinces, as well as the adjustment of the investment policy for Ka Pet reservoir in Ham Thuan Nam district of Binh Thuan province.
In the afternoon, they are scheduled to listen to a proposal and a verification report on a draft revised resolution on the conduct of confident votes for people holding positions elected or appointed by the NA and People’s Councils. They will discuss in group on the issue.
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| A corner of HCM City__Photo: VNA |
The afternoon agenda also includes a draft resolution on the piloting of seven groups of special mechanisms and policies with 44 specific contents for the development of Ho Chi Minh City.
Particularly, the draft resolution highlights a number of new policies, focusing on areas of investment, finance-budget, land management, and planning and system organization.
According to the Government’s proposal, if the city can increase its development investment from its local budget for its middle-term public investment, the city is allowed to allocate in advance to new projects or add investment to its middle-term investment plan, laying the foundation for the annual allocation and report to the NA in the year-end session.
It is allowed to use the public investment capital from the local budget through the Vietnam Bank for Social Policies to provide loans for poverty reduction and employment.
At the same time, the city is also allowed to pilot the transit-oriented development (TOD) model for its urban traffic system, and expand the areas for the application of public-private partnership (PPP) method for projects in the field of sports and culture. It will also have the authority to decide the minimum total investment of these PPP projects, according to the proposal.-(VNA/VLLF)
