Hanoi, Nov. 24 -- The National Assembly Standing Committee continued its 51st session in Hanoi on November 24 by reviewing draft resolutions that amend and supplement special incentives for Ho Chi Minh City and Da Nang.

According to the Government's submission, the draft Resolution amending and supplementing certain provisions of Resolution No. 98/2023/QH15 on piloting special mechanisms and policies for the development of Ho Chi Minh City includes new provisions on the establishment of a Free Trade Zone (FTZ) and removes regulations related to Thu Duc city, as the two-tier local administration model has been adopted and Thu Duc city ceased operations on July 1, 2025.

Minister of Finance Nguyen Van Thang said the draft sets out a compre...