Chairman of the National Assembly (NA) Economic Committee Nguyen VanGiau said the country has made a step forward in completing institutionsfor the market economy with the promulgation of a series of lawsincluding the Law on Land Use, Law on Business, Law on Real EstateTrading and Law on Construction.

He underlinedthe transparency, specificity and up-to-dateness of the laws, sayingthat they facilitate business operation and economic development.

Giau made the statement in an interview granted to Vietnam NewsAgency correspondents on the sidelines of the seventh Spring EconomicForum in Vinh City in central Nghe An province, hosted by the VietnamChamber of Commerce and Industry (VCCI).

Hestressed the need for administrative reform and improved public serviceto ensure effective implementation of relevant policies.

He highlighted the “from words to actions” slogan, saying thatimproving the business climate is an urgent issue in the economy andamong businesses.

Part of the forum’s agenda isto collect experts’ comments on a document verifying the government’ssocio-economic development report to be submitted to the NA, Giau said.

He expressed his hope that with straight andconstructive comments from experts, appropriate amendments will be madeto policies and regulations, ultimately resulting in positiveimprovements in the issues brought forth at the forum.

International experts have said Vietnam’s legal reform process is apositive improvement and in accordance with the domestic context, thechairman said.-VNA