Prime Minister: Study the removal of investment licenses abroad, prevent taking advantage of money transfers

PHẠM ĐÔNG |

The Prime Minister noted that it is necessary to study the removal of investment licenses abroad, but there must be control tools to prevent taking advantage of transferring money abroad

On September 13, Politburo member and Prime Minister Pham Minh Chinh chaired a Government meeting on law-making in September 2025 (the second session) to review and give opinions on 10 draft laws and 1 draft resolution expected to be submitted to the National Assembly for consideration and approval at the upcoming 10th Session.

In his concluding remarks, the Prime Minister said that at the Politburo's recent meeting with the Government Party Committee and the National Assembly Party Committee, General Secretary To Lam continued to emphasize the need to innovate thinking in law-making, determined to turn institutions and laws that are bottlenecks into competitive advantages, law-making is a "breakthrough of breakthroughs".

Therefore, the Prime Minister requested ministries and ministerial-level agencies, especially heads, to continue to focus their efforts, time, intelligence, human resources, and resources on this work, in the general spirit of innovating thinking, methodology, and approach in the new situation, urgently and promptly, and attaching importance to the quality of law-making.

The head of the Government pointed out that the drafting of the law must be in the direction of strengthening post-inspections and reducing pre-inspections to reduce administrative procedures; the law must be clear, easy to understand, easy to implement, easy to check, easy to supervise.

The Prime Minister requested the development of laws and resolutions under the authority of the National Assembly; legalizing issues of a practical nature, "What is ripe, clear, proven correct in practice, effectively implemented, the majority agrees"; what needs to be piloted and flexible regulations is to build a resolution.

The Prime Minister directed to continue reviewing institutional, mechanism and policy problems that are hindering the creation and development of rapid and sustainable development; reviewing the contents of laws that have been passed by practice, promptly amending, supplementing and perfecting them, ensuring that they are not inferior to practice; supplementing and amending the law to serve local governments at both levels to ensure effectiveness.

At the same time, continue to institutionalize the resolutions of the Politburo, new policies of the Central Committee, and instructions of the General Secretary so that policies and laws can be put into practice.

The Prime Minister noted the need to encourage investment abroad, especially in areas where Vietnam has harmonious interests with other countries; and refer to foreign experience.

In particular, research on removing licenses but designing tools to control monetary and financial security to prevent taking advantage of this to transfer money abroad, ensuring macroeconomic stability, and at the same time, not for this, creating unnecessary licenses.

The Prime Minister requested that, in the context of the country's capital shortage, it is necessary to review the mechanism to increase the attraction of direct and indirect investment capital; urgently build a national gate for investment promotion and attraction.

Control the quality of investment flows in large projects, develop a green economy, circular economy, digital economy, and knowledge economy; attract high technology.

The Prime Minister emphasized that there must be sanctions for projects granted licenses and investment land but not invested, or invested in violation of regulations, ensuring transparency and clarity.

PHẠM ĐÔNG
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