Pilot policies for developing Can Tho city given go-ahead by NA

The National Assembly (NA) has approved a Resolution on piloting a number of specific mechanisms and policies for the development of the Mekong Delta’s Can Tho city. The city is permitted to borrow up to 60 per cent of its budget revenue and can decide on changing the land use purpose of rice land of less than 500 ha. The pilot will begin on March 1.