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Vietnam proposes institutional reforms to unlock economic resources
Proposals have been made to reform institutions in Vietnam to unlock economic resources and foster high growth. Key areas for improvement include the more efficient use of land and real estate, as well as measures to encourage the circulation of gold and foreign currency currently held by the public.
Additionally, there are calls to manage public assets more effectively by recovering and auctioning underutilized property to prevent waste and boost state revenue. This comes amid current tax reduction policies for businesses and households.
In the legal sector, the Ministry of Justice is reviewing amendments to the Law on Occupational Safety and Health. While the law has improved safety awareness and reduced fatal accident rates over the last decade, officials noted that current regulations face challenges regarding digital transformation, administrative coordination, and social insurance policies.
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Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Institutional reform is necessary to unlock resources and create a foundation for high growth. baoxaydung.vn
- [○ 1 SOURCE] The State needs measures to encourage the circulation of gold and foreign currency for investment. baoxaydung.vn
- [○ 1 SOURCE] The Ministry of Justice is appraising a draft law to amend and supplement the Law on Occupational Safety and Health. nhandan.vn
- [○ 1 SOURCE] Land and real estate resources require more effective utilization. baoxaydung.vn
- [○ 1 SOURCE] Inefficiently used public assets should be recovered and auctioned to prevent waste and increase budget revenue. baoxaydung.vn
- [○ 1 SOURCE] The Law on Occupational Safety and Health has revealed limitations and inadequacies after more than 10 years of implementation. nhandan.vn