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More efforts needed to solve legal barriers facing investment projects: Deputy PM

Permanent Deputy Prime Minister Pham Binh Minh has requested ministries and sectors to seek ways to address legal barriers related to the implementation of investment projects.
More efforts needed to solve legal barriers facing investment projects: Deputy PM ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) – Permanent Deputy Prime Minister Pham Binh Minh hasrequested ministries and sectors to seek ways to address legal barriers relatedto the implementation of investment projects.

Speaking at a meeting of the Prime Minister's special working group on reviewing, removing difficulties and obstacles and promoting the implementation of investment projects in ministries, agencies andlocalities on March 17, Minh assigned the Ministry of Planning and Investment tocontinue reviewing difficulties and problems facing ministries, sectors andlocalities in the work, quicklyclassifying and proposing specific solutions.

More efforts needed to solve legal barriers facing investment projects: Deputy PM ảnh 2Permanent Deputy Prime Minister Pham Binh Minh (C) speaks at the meeting. (Photo: VNA)
In the first quarter of 2022, ministries and sectors were required to focus on studying and correcting problems related to legalprovisions in investment-related decrees and circulars, he noted.

Regarding specific projects, ministries and sectors must directlymeet and contact foreign investors to support and promote large investmentprojects in Vietnam. For specific problems of each project, the Deputy PMrequested ministries and sectors in charge to take the responsibility for solvingthem.

Disbursement of 2021 public investment has shown progress.By the end of February 2022, an estimated 431 trillion VND (18.85 billion USD) worthof State investment had been disbursed, according to a report by the Ministry of Finance./.
VNA

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