Vietnam's "Customs Online" reported on September 14 that the government recently issued the "Task and Promotion Plan for the development of Key economic Zones".。The main contents are:
In order to eliminate weak links and create conditions for accelerating economic recovery and growth, the government requires local governments in key economic zones to do their utmost and resolve to overcome difficulties, maximize potential, comparative advantages and innovation advantages, and boost the development of the region and even the country。
It is necessary to improve the policies, institutions and mechanisms for regional cooperation as soon as possible and promote active and effective cooperation in key economic zones.Timely report to the competent authorities to solve the difficulties and problems in the implementation of regional cooperation。
To formulate national and regional plans for the 2021-2030 period and towards 2050 that are forward-looking and make full use of the potential, existing advantages and unique collaboration of each region。
Special policy mechanisms for the mobilization of appropriate social and investment resources, based on the State budget for the period 2021-2025, for the development of infrastructure in key economic zones。
At the same time, appropriate investment resources should be allocated to key economic zones分配。
Specifically, the Government has asked the Ministry of Planning and Investment to study and propose ways to properly allocate investment resources in key economic zones, including the State budget in the medium-term public investment Plan for the period 2021-2025。
The Ministry of Finance requested the competent authorities to give priority to allowing local governments in key economic zones to increase the deficit within the scope of the total national budget deficit, so as to increase the re-loan limit of local governments, so as to increase the source of loans for local investment key projects and large projects。
The State Bank of Vietnam requires credit institutions to mobilize idle funds in order to provide sufficient and timely credit funds at appropriate interest rates to help enterprises and people to resume and develop production and operations, especially to invest in projects that contribute to the advantages and potential of key economic zones。
The Ministry of Transport shall give priority to the allocation of national budget funds within its jurisdiction to develop transport infrastructure and speed up the implementation of large projects with regional cooperation and key economic zones。
The Ministry of Science and Technology shall, as a matter of priority, assist in providing funds to invest in the construction of science and technology incubation centers in the provinces and cities where the key economic zones are located, as well as science and technology incubation centers in universities, enterprises, industrial parks and economic zones, so as to make them the core areas of science and technology application and innovation。
The People's committees of the provinces and cities where the key economic zones are located should mobilize various resources, combine central and local funds, selectively attract FDI projects, and strive to use government development assistance, private investment and other legitimate sources of investment to implement key projects with breakthroughs and promote regional collaboration。Establish a list of investment promotion projects, especially FDI projects with high added value, high scientific and technological content, environmental protection, high investment efficiency, low land-use coefficient, and large contribution to the national budget。
Information source: Ministry of Commerce website