According to the representative of the Ministry of Finance - the drafting agency, in the recent period, a number of policies, guiding viewpoints and legal systems related to the management and use of state capital invested in production and business at enterprises have changed a lot; the implementation of Law No. 69/2014/QH13 and guiding documents in practice has revealed a number of shortcomings and limitations, and has not promptly resolved difficulties in production and business activities of enterprises.
Therefore, the promulgation of the Law on State Capital Management and Investment in Enterprises is necessary to concretize the Party's guidelines and policies and international commitments that Vietnam has signed on the management and investment of state capital in enterprises. At the same time, it is necessary to perfect the institutions and stabilize the legal environment for state capital investment in enterprises.
Meanwhile, the representative of the Ministry of Home Affairs said that the drafting agency needs to review the scope of the Law, ensuring that it covers all contents related to the process of managing and investing state capital in enterprises (from the planning stage, project establishment, investment capital management, evaluation of actual investment efficiency, inspection and supervision of the implementation of management, investment, arrangement and restructuring of state capital...).
On that basis, fully identify applicable subjects, avoid omissions, ensure the most effective management and use of investment capital to grow and expand business operations.
The representative of the Ministry of Planning and Investment also stated that the scope of the draft Law is still general and does not fully cover the management and investment of state capital in enterprises. Therefore, it is proposed to clarify the content and scope of state capital management and investment, thereby stipulating the scope of application of the Law accordingly.
Mr. Cao Dang Vinh - Deputy Director of the Department of Civil and Economic Law (Ministry of Justice) highly appreciated the efforts of the drafting agency in researching and developing the draft Law on Management and Investment of State Capital in Enterprises; at the same time, he requested the drafting agency to review, study and absorb the opinions of the Council members to complete the appraisal dossier.
Source: https://laodong.vn/kinh-doanh/dam-bao-su-dung-hieu-qua-von-nha-nuoc-tai-doanh-nghiep-1384059.ldo
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