Vietnam: Resolution to improve construction investment

VNA/VNS Photo Anh Tuấn
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The Government of Vietnam has issued a resolution assigning major tasks for ministries and local authorities and asking them to identify solutions to obstacles relating to policies and investment schemes in the construction sector.

The resolution sets as the first task the completion of a legal system on construction investment ensuring consistency, synchronisation, reform of administrative procedures, simplification of business investment conditions and timely removal of barriers and obstacles in the sector.

The Government has ordered related ministries and central agencies to take the initiative in reviewing and proposing amendments and the promulgation of new legal documents to ensure uniformed implementation.

It urged the intensification of State management in all processes of construction project implementation and even the timing of its opening.

At the same time, the resolution said, the ministries and central agencies should quickly solve problems relating to all aspects of project construction investment, especially those related to administrative procedures and business investment conditions.