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HCMC seeks long-term autonomy to meet development demand


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An area in HCMC's District 1, April 2022. Photo by VnExpress/Quynh Tran

 

Ho Chi Minh City wants to have a special mechanism that grants it greater autonomy to be continued after a pilot period ends this year.

 

In November 2017, Vietnam's economic hub HCMC was granted extra autonomous decision-making power to help it develop to its full potential as per Resolution 54 passed by the National Assembly (NA), the national legislative body.

 

Under the resolution, which entered effect from January 2018 to end-2022, the city could raise and add additional fees and charges to regulate its residents' behavior and increase budget revenue, make changes to the tax collection policy, raise the income of cadres and civil servants, and decide on land-use changes for farmland.

 

Full Story: https://e.vnexpress.net/news/news/hcmc-seeks-long-term-autonomy-to-meet-development-demand-4471177.html

 

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-- © Copyright VN Express 2022-06-02

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