Minister of Planning and Industry Nguyễn Chí Dũng speaks at the afternoon session of the National Assembly on Tuesday.– VNA/VNS Photo Trọng Đức HÀ NỘI – Minister of Planning and Industry Nguyễn Chí Dũng asked the National Assembly to review the draft of the amended Law of Public Investment on Tuesday afternoon. The draft law contains six chapters and 104 items and is expected to adjust some items of the original Law of Public Investment No 49/2014/QH13, which was dated June 18, 2014 and took effect in January 2015. “After three years of implementation, the Law of Public Investment has raised the efficiency of public investment and public capital use,” Dũng said. “It has helped government agencies become transparent in their use of State capital, pushed efforts to fight corruption and overspending and saved some budget expenses in civil procurement,” he said. However, Dũng said the existing law had room for improvement. The team that developed it lacked practical … [Read more...] about Draft law on public investment proposed
Draft law and bill
NA deputies debate draft Law on PPP
Đèo Cả Tunnel, which built under the public-private partnership format, opened in August 2017. The tunnel connects Phú Yên and Khánh Hòa provinces. The project has total investment of VNĐ26 trillion of which, VNĐ5 trillion is from the State. — Photo vietnamnet.vn HÀ NỘI — Private companies need to invest more in public private partnership projects to help Việt Nam develop, despite budget constraints. But laws must be tighter to ensure the right enterprises are selected. These was an issue discussed during a meeting organised by the National Assembly (NA) on Thursday to review the draft Law on Public-Private Partnership (PPP). Most NA deputies agreed the law was essential to increase investment capacity for public projects and public services. But the meeting was told there is still room for improvement and ensuring transparency of PPP projects is key to building a better future. According to NA deputies, the main problem which existed in PPP projects was how to select the … [Read more...] about NA deputies debate draft Law on PPP
Lawmakers assess draft law’s impact on SMEs
Legislators yesterday urged the Government to ensure the draft Law on Support for Small- and Medium-sized Enterprises (SMEs) doesn't clash with other laws. — Photo baocongthuong.vn HÀ NỘI — Legislators yesterday provided the Government with feedback on the draft Law on Support for Small- and Medium-sized Enterprises (SMEs), urging the drafter to ensure it was consistent with other relevant legislation. With six chapters and 47 articles, the bill aims to enhance the efficiency of support for SMEs in line with market principles, while ensuring that it does not violate the country’s international commitments. It is also designed to create a legal framework to rally public support for the effort, the law drafting board said. During their fourth working session in Hà Nội, the National Assembly Standing Committee focused discussion on the necessity of the law. NA Chairwoman Nguyễn Thị Kim Ngân was concerned about the compatibility between the bill and other laws, one of them … [Read more...] about Lawmakers assess draft law’s impact on SMEs
NA Standing Committee gave directions on the draft Law on Special Economic Zone
The National Assembly Standing Committee opened their 14 th session yesterday, with discussion centred on the draft Law on Special Administrative-Economic Units, which will be submitted to the National Assembly (NA) in October. — VNA/VNS Photo Trọng Đức HÀ NỘI — The National Assembly Standing Committee opened their 14 th session yesterday, with discussion centred on the draft Law on Special Administrative-Economic Units, which will be submitted to the National Assembly (NA) in October. NA Vice Chairman Uông Chu Lưu stressed that the law will cover all three of the country’s special administrative-economic zones– Vân Đồn (Quảng Ninh Province), Bắc Vân Phong (Khánh Hoà Province) and Phú Quốc (Kiên Giang Province). The Minister of Planning and Investment Nguyễn Chí Dũng said the goal of the draft is to create a legal framework for the establishment, development and management of the zones. The governments of these three zones, according to the draft, will be established … [Read more...] about NA Standing Committee gave directions on the draft Law on Special Economic Zone
Adoption of controversial draft law on special zones postponed
A view of Cái Bàu Island in Quảng Ninh Province’s Vân Đồn District. The Government Office has announced to postpone the adoption of the draft law on Law on Special Administrative and Economic Units of Vân Đồn, Bắc Vân Phong and Phú Quốc until the next National Assembly session. — VNA/VNS Photo Minh Quyết Viet Nam News HÀ NỘI — The vote to approve the controversial draft Law on Special Administrative and Economic Units will be postponed until the sixth National Assembly session, to commence in October, instead of the on-going fifth. According to a special announcement released early on Saturday morning from the Government Office, the postponement aims to provide the Government with more time to study and complete debates on the draft law. The Law on Special Administrative and Economic Units of Vân Đồn, Bắc Vân Phong and Phú Quốc had been built carefully and elaborately to institutionalise Party resolutions and materialise the 2013 Constitution to create a legal … [Read more...] about Adoption of controversial draft law on special zones postponed
Draft law on special economic zone continues to be put on hold
The National Assembly will hold off on voting on the adoption of the controversial draft law on special administrative-economic zone until the next meeting of the legislative body in May next year.— VNA/VNS Photo HÀ NỘI — The National Assembly will hold off on voting on the adoption of the controversial draft law on special administrative-economic zone until the next meeting of the legislative body in May next year. General Secretary of the National Assembly Nguyễn Hạnh Phúc made the announcement late Friday, explaining that the time will be spent on further study and research to consolidate the law. Nguyễn Khắc Định, chair of the NA Legal Committee, said the draft law is a new and unprecedented project, providing a never seen before breakthrough in mechanisms and policies in the context of intensive economic integration, which needs to incorporate feedback from the public and experts alike. The process of drawing feedback has already been started by the Government, NA … [Read more...] about Draft law on special economic zone continues to be put on hold
Deputies discuss draft law on treaties
Deputies discuss draft law on treaties (26-02-2005) HA NOI — Full time National Assembly deputies, who discussed the draft law on signing, joining and implementing international treaties, stressed on the need for the bill to reflect Party’s guidelines and the State’s policies. During the discussion on Wednesday, the deputies highlighted Viet Nam’s international policy of respecting independence of each other, sovereignty and territorial integrity, non-interference in the internal affairs of other countries, equality and mutual benefit. On the issue of international treaties or agreements entered by provinces, cities or Government agencies, Vu Mao, Chairman of the External Relations Commission of the National Assembly and a member of the National Assembly Standing Committee, proposed two options: a) International agreements concluded by provinces, cities or Government agencies to be dealt with in a separate bill. b) All provisions relating to international … [Read more...] about Deputies discuss draft law on treaties
Eleven draft laws ready for April NA meeting
Eleven draft laws ready for April NA meeting (04-03-2005) HA NOI — National Assembly deputies concluded a 13-day discussion meeting yesterday on 11 draft laws before they are submitted to the NA for consideration in April. The revised version of the Civil Code, in particular, incited heated discussion between lawmakers and the general public. In his closing speech, National Assembly Chairman Nguyen Van An called on National Assembly delegations to discuss the proposed changes to the Civil Code among their members and with relevant agencies. The Civil Code is the Vietnamese legal system’s longest and most important document. The Code affects all State offices and organisations. Among the 11 bills discussed at the 13-day conference were the Law on Defence, the Law on Maritime, the revised Law on Commerce, the revised Law on Education, the Law on State Auditing, the Law on Drugs, the revised Law on Customs and the revised Law on Military Service. Chairman An … [Read more...] about Eleven draft laws ready for April NA meeting
Draft law would let public see State budget audits
Draft law would let public see State budget audits (13-05-2005) HA NOI — Results of State budget audits should be accessible to not only legislators but to the general public, and this should be stated as a vital principle in the new State Audit Law, said National Assembly delegates during a debate session on the draft law. Deputy Dang Thi Phuong from the southern province of Tay Ninh said: "The State budget is collected primarily from the people, and the Assembly is their highest representative. All information relating to audit of the State budget should be made available to each of the deputies and to the public." She added that transparency must be a basic principle in State audits, arguing that a lack of transparency has nurtured corruption and waste in State spending. "Transparency is a condition that improves the sense of responsibility of audited agencies, and it will help strengthen public oversight," she said. But, Phuong added, publication of audit … [Read more...] about Draft law would let public see State budget audits
NA seeks citizens’ opinions on amending two draft laws
NA seeks citizens’ opinions on amending two draft laws (21-07-2005) HCM CITY— The National Assembly began collecting suggestions from the people yesterday regarding two pieces of legislation currently in draft stages, the Law on Practising Thrift and Combating Waste and the Anti-Corruption Law. The text of the first of these laws has 18 chapters and 80 articles. It is meant to regulate the management and use of the State budget, State-funded projects, public offices, natural resources, production and consumption, and the use of property by businesses. "The National Assembly would like to receive suggestions from people from all walks of life because this draft has received great concern from the public over the years," said Tao Huu Phung, deputy director of the National Assembly’s Economy and Budget Committee. "The people want to know how the Government has used the money they contribute to the State budget," Phung said. "Many cases of wasteful public spending … [Read more...] about NA seeks citizens’ opinions on amending two draft laws