General & Misc

Cabinet Members discuss Matters Related to BT projects, Zoning Law

Date: 11 April 2019; Type: Legal News; Source: Vietnam News Agency

Hanoi, Apr 11 (VNA) – Prime Minister Nguyen Xuan Phuc chaired a cabinet meeting on April 11 to discuss controversial issues of a draft decree on the use of public property to pay investors in build-transfer (BT) projects.

Cabinet members agreed that BT projects, which are invested in by businesses who will be paid with assets and goods rather than money, are necessary amidst the modest State budget resources.

Over the years, losses were reported in a number of BT projects, especially those that investors get paid with land, as the land value was calculated lower than the market prices.

On December 28, 2018, the Government issued a resolution adjusting BT projects signed before January 1, 2018. However, in order to remove obstacles in implementing such projects, the Government assigned the Ministry of Finance to draft a decree regulating the use of State assets to pay BT project investors.

Representatives from ministries and sectors debated a number of issues, including the bidding of BT projects and land use at the same time.

Addressing the meeting, PM Phuc clarified that BT is still a necessary investment format at present, which is allowed by the Law on Public Property Management 2017.

He asked the Ministry of Finance to continue collecting ideas on the draft decree, thus ensuring its efficiency which is hoped to open up broader spaces for optimising resources for national development.

The PM requested the ministry to submit the draft document within April.

The same day, the cabinet also evaluated the implementation of the Law on Planning, aiming to seek solutions to difficulties during the process.

A report from the Ministry of Planning and Investment shows that due to a lack of documents specifying the implementation of a number of the articles of the Law on Planning, ministries, sectors and localities are unable to make new planning for the 2021-2030 period.

Ministries’ failure to submit to the Government six decrees guiding the realizations of the law on the adjustments and amendments to a number of articles of 37 laws related to planning has caused difficulties in making technical and professional planning, it said.

Meanwhile, the Government Office reported that 39 national sectoral and 63 provincial zonings have yet to be implemented due to a lack of specific guidance. At the same time, land use zonings of five localities for the 2016-2020 period are unable to be issued for the same reason which also affects 25 zoning of sectors, and nearly 370 projects.

Concluding the meeting, PM Phuc noted that there are about 17,000 zonings at all levels with overlapping, requiring the elimination of some. Therefore, the implementation of the Law on Planning is crucial.

He assigned Deputy Prime Minister Trinh Dinh Dung to continue directing the removal of difficulties in the realisation of the law.

Initially, it is necessary to issue a decree guiding the implementation of the law, which must be completed within April, he stressed.

Notice: The Publishers of Asean LIP acknowledge the permission granted by the relevant official/ original source for the reproduction of the above/ attached materials. You shall not reproduce the above/ attached materials in whole or in part without the prior written consent of the Publishers and/or the original/ official source. Neither the Publishers nor the official/ original source will be liable for any loss, injury, claim, liability, or damage caused directly, indirectly or incidentally to errors in or omissions from the above/ attached materials. The Publishers and the official/ original source also disclaim and exclude all liabilities in respect of anything done or omitted to be done in reliance upon the whole or any part of the above/attached materials. The access to, and the use of, Asean LIP and contents herein are subject to the Terms of Use.

Get ASEAN LAW ALERT

Legal updates by e-mail. It's Free.

INDUSTRY UPDATES

SEC urges Public to scrutinize Firms before investing

MANILA, Jun 26 (PNA) - As it intensifies the crackdown on suspected investment scams, the Securities and Exchange Commission (SEC) has advised prospective investors to scrutinize first the legitimacy of a company before making their investment decisions.

Read More

INDUSTRY UPDATES

SC sets Ground Rules for Oral Arguments on Writ of Kalikasan

MANILA, Jun 25 (PNA) - The Supreme Court (SC) on Tuesday issued guidelines for the July 2 oral arguments on the writ of kalikasan suit filed by petitioners seeking assertive government action on the disputed Ayungin Shoal, Panganiban Reef, and Panatag Shoal.

Read More

INDUSTRY UPDATES

Police Chief bans Mass Rally outside Constitutional Court Building

Jakarta, Jun 25 (ANTARA) - Police has banned mass rallying outside the Constitutional Court (MK) building during the court's Consultative Meeting of Judges before it gives a ruling on the presidential election dispute, Indonesian Police Chief Gen. Tito Karnavian emphasized.

Read More

INDUSTRY UPDATES

Government plans to build New Shah Alam Court Complex - Liew

SHAH ALAM, Jun 24 (Bernama) - The government plans to build a new Court Complex in Shah Alam to replace the existing building, said Minister in the Prime Minister’s Department Datuk Liew Vui Keong.

Read More

INDUSTRY UPDATES

Niosh offers free needs Analyses for Sabah and Labuan Workplaces

KOTA KINABALU, Jun 24 (Bernama) - The National Institute of Occupational Safety and Health (NIOSH) stands ready to conduct free needs analyses of workplace safety for organisations in Sabah and the Federal Territory of Labuan, with the aim of identifying appropriate training required.

Read More

INDUSTRY UPDATES

Ministry launches Sexual Predation Awareness Campaign

PUTRAJAYA, Jun 24 (Bernama) - The Women, Family and Community Development Ministry today launched a sexual predation awareness campaign via digital medium Youtube.

Read More

INDUSTRY UPDATES

Ambushed fiscal named Mindoro judge

MANILA, Jun 21 (PNA) - A female prosecutor who was shot and wounded as she was entering her home in Oriental Mindoro last June 10 is among the newly-appointed judges, Justice Secretary Menardo Guevara announced on Friday.

Read More

INDUSTRY UPDATES

ASEAN Chamber of Commerce, UiTM ink MoU to collaborate in Various Areas

KUALA LUMPUR, Jun 22 (Bernama) - ASEAN Chamber of Commerce and Universiti Teknologi Mara (UiTM) have inked a memorandum of understanding (MoU) to pave the way for collaboration in various areas of entrepreneurship, including research.

Read More

INDUSTRY UPDATES

President Jokowi to attend 34th ASEAN Summit in Thailand

Jakarta, Jun 20 (ANTARA) - Indonesian President Joko Widodo will attend the 34th ASEAN Summit in Bangkok, Thailand, from June 22 to 23, 2019.

Read More

INDUSTRY UPDATES

PCC OKs East West purchase of PBCOM Auto Loan Portfolio

MANILA, Jun 19 (PNA) - The Philippine Competition Commission (PCC) approved the acquisition by East West Banking Corporation (East West) of the auto loan portfolio of Philippine Bank of Communications (PBCom).

Read More

INDUSTRY UPDATES

RI hopes for Progress in Timor Leste joining ASEAN

Jakarta, Jun 19 (ANTARA) - The Indonesian government has expressed its hopes that the ongoing evaluation of Timor Leste will result in its becoming a member of the Association of Southeast Asian Nations (ASEAN).

Read More

INDUSTRY UPDATES

MyCC to focus Efforts on Monitoring Cement Industry

KUALA LUMPUR, Jun 19 (Bernama) - The Malaysia Competition Commission (MyCC) says it will focus its efforts on consistently monitoring the cement industry in order to complement the government’s initiative in protecting the welfare of consumers.

Read More

INDUSTRY UPDATES

Amended Code did not affect Conflict of Interest - Witness

KUALA LUMPUR, Jun 18 (Bernama) - The Code of Ethics for Administration Members and Members of Parliament was amended by the Cabinet in 2013 but did not affect the conflict of interest provision, according to a Cabinet former deputy secretary-general (Constitution and Communication).

Read More

INDUSTRY UPDATES

Court urges Johor PTG to meet Orang Asli to settle Compensation Issue

JOHOR BAHRU, Jun 18 (Bernama) - The High Court here today encouraged the state Land and Mines Office (PTG) to engage in discussions with the Seletar tribe Orang Asli of Kuala Masai with the aim of settling compensation due as a result of wrongful acquisition of their land in Stulang Laut.

Read More

INDUSTRY UPDATES

Ex-CJ speaks out against Lawyers' Tendency to seek Postponements

KUALA LUMPUR, Jun 16 (Bernama) - Former Chief Justice Tun Zaki Azmi has spoken out against the tendency by certain defence lawyers to seek postponements of cases being heard in court.

Read More