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The Ministry of Planning and Investment was assigned by the Government to draft two Laws: the Law amending the Law on Public Investment and the Law amending and supplementing a number of articles of the Law on Planning, the Law on Investment, the Law on Investment under the public-private partnership model, and the Law on Bidding. How do you evaluate the new points in the drafts of the two Laws?

In my opinion, the two draft laws have been developed with many new, updated regulations that are consistent with new investment trends, development, and the world economic situation.

It can be affirmed that many regulations in the two draft laws, if passed in the coming time, they will immediately remove practical obstacles and bottlenecks to free up resources for growth.

For example, amending the group of policies in the Law on Public Investment on promoting the implementation and disbursement of ODA capital and preferential loans from foreign donors (foreign capital); amending the Law on Investment to create a clear legal basis, consistent with practice, to terminate activities for projects that have not been implemented for many years, contributing to freeing up resources to promote socio-economic development.

In particular, the Ministry of Planning and Investment has added regulations on the establishment of an Investment Support Fund to encourage and attract strategic investors, multinational corporations and support domestic enterprises in a number of areas that need investment encouragement, increasing the competitiveness and attractiveness of Vietnam's investment environment.

This is very necessary and timely so that Vietnam can quickly adapt to the changes in the Global Minimum Tax policy.

At the same time, it is necessary to supplement regulations on special investment procedures for investment projects in a number of priority investment attraction areas in order to seize the opportunity to attract projects...

The revised Law on Investment under the Public-Private Partnership (PPP) model has added provisions to completely resolve difficulties and obstacles for transitional BOT and BT projects.

The PPP Law is amended in the direction of maximizing the space to attract private resources to join hands with the State in investing in public services and infrastructure, by encouraging the implementation of the PPP model for all projects in the public investment sector to provide public products and services, except for projects under the State's monopoly as prescribed by the law on management of sectors, fields or projects in the fields of national defense, security and social order and safety.

At the same time, the limit on the minimum investment capital scale for implementing PPP projects is abolished; ministries, branches and localities are assigned to consider and be responsible for deciding on the selection of projects suitable to the needs and implementation conditions of investors...

At the same time, a number of articles of the Bidding Law were also amended and supplemented to immediately remove obstacles in the practice of bidding for ODA projects, selecting contractors in special cases, and direct procurement for drug purchases; increasing competition in bidding, ensuring the rights of subjects during the bidding process...

Besides the new points that have been revised and supplemented by the Ministry of Planning and Investment in the two drafts, do you have any suggestions or additions to these two draft laws, sir?

In my opinion, to facilitate the implementation process, it is necessary to specify more clearly the decentralization of authority. In addition, the authority to decide on investment policies for industrial park infrastructure projects needs to be reviewed.

I also expect that the above new policy thinking will continue to promptly remove existing problems, limitations, obstacles, and bottlenecks arising in practice, creating favorable conditions for attracting and allocating investment resources transparently and effectively.

At the same time, regulations on decentralization and delegation of authority ensure clear identification of people, tasks, and responsibilities for easy inspection, supervision, monitoring, and evaluation, meeting the requirements of management and use of public investment resources to implement three strategic breakthroughs, especially infrastructure breakthroughs in the new situation.