Law on special economic units aims to create new momentum

Law on special economic units aims to create new momentumThe draft law on special administrative-economic units was built with the aim of creating breakthroughs and new development momentum for the economy and capitalizing on advantages of localities, said Foreign Ministry Spokeswoman Le Thi Thu Hang. A view of Van Don, which is set to become a special administrative-economic zone, in Quang Ninh provinceShe fielded a question about the purpose of the draft law on special administrative-economic units at the Foreign Ministry’s regular press conference on June 14. The draft law on special administrative-economic units is part of the law and ordinance making programme of the National Assembly (NA) in 2018. Vietnam plans to build the three special administrative-economic zones of Van Don in northern Quang Ninh province, Bac Van Phong in central Khanh Hoa province, and Phu Quoc in southern Kien Giang province. According to NA Vice Chairman Uong Chu Luu, the building of the draft law is a major policy of the Party and State.