At the meeting, Deputy Minister of Finance Nguyen Duc Chi said that due to changes in the socio-economic situation, legal documents on finance have also encountered some difficulties and obstacles in the implementation process, so they need to be reviewed and studied for amendment and supplementation. Accordingly, the Government has urgently reviewed, summarized and assessed the implementation of Laws in the field of finance and budget and has identified 7 Laws that need to be amended and supplemented accordingly.
In addition, in recent times, the National Assembly has issued many legal documents with regulations related to the financial and budgetary sector such as the 2024 Land Law, the 2024 Law on Credit Institutions, the 2023 Law on Water Resources, the Law on Public Investment, etc. Therefore, it is necessary to review and research to have consistent regulations, avoiding overlaps and conflicts.
During the preliminary review of the Draft Law, Chairman of the Finance and Budget Committee Le Quang Manh said that the majority of opinions of the Standing Committee of the Finance and Budget Committee agreed that it is necessary to study, amend and supplement the Laws under the Draft Law to focus on immediately removing difficulties and institutional obstacles in the fields of finance and budget to improve the investment and business environment, and attract maximum state and non-state resources to promote socio-economic development.
The review agency recommends that the Government pay attention to directing clarification of the necessity of amending and supplementing the articles and clauses stated in the draft Law; assess the impact of each mechanism and policy expected to be amended, especially those mechanisms and policies being piloted; only propose amendments and supplements to contents that are truly urgent, pressing and have consensus among agencies to promptly remove difficulties, obstacles, and obstacles to development.
The Economic Committee agreed on the need to amend and supplement a number of articles of the Securities Law and the Law on Independent Auditing.
At the discussion session, members of the National Assembly Standing Committee suggested that specific regulations should be made to avoid losses, because all matters related to public assets must be strictly managed, including the use and management of public assets; more attention should be paid to issues that can be resolved in the fields of science, technology, and innovation. At the same time, perfecting legal institutions in the fields of securities, accounting, independent auditing, state budget, public asset management, tax management, and national reserves, thereby creating a complete and timely legal corridor to meet the requirements of tasks in the new situation. Promoting growth, controlling inflation, and stabilizing the macro economy; promptly removing difficulties for production and business activities of people and enterprises; improving the investment and business environment.
The Chairman of the Committee on Science, Technology and Environment said that recent draft laws submitted for comments from the National Assembly Standing Committee before being submitted to the National Assembly for consideration all have in common the institutionalization of the Party's viewpoints and policies in promoting innovation, transfer, application and development of science and technology, for example the draft Law on Digital Technology Industry, with new policies to promote new growth drivers, including regulations related to the Investment Law, Public Investment Law, etc.
Vice Chairman of the National Assembly Nguyen Duc Hai suggested that the Government review and ensure the feasibility, practicality and specificity of the provisions in the Draft Law. It is necessary to avoid amendments that create new difficulties, obstacles and inadequacies, causing loss and waste of state money and assets. For policies that are being piloted, it is necessary to fully assess their impact and demonstrate that they are effective when applied before they are stipulated in the law.
Regarding the amendments to each law, the reviewing agency has many opinions suggesting reviewing, clarifying, accepting, adjusting, and supplementing. Therefore, the Vice Chairman of the National Assembly suggested that the Government carefully study to complete the draft Law to submit to the National Assembly for discussion, consideration, and decision. In addition, the reviewing opinion also stated that the drafting agency has not reviewed the proposed amendments and supplements with the current legal system to ensure consistency and uniformity. Therefore, it will be very risky for the proposed amendments, leading to legal conflicts, difficulties, and inadequacies in the implementation process.
The Vice Chairman of the National Assembly also requested the Government to direct the review and handling of conflicts, overlaps, and inadequacies in other laws, including those being amended or to be submitted to the National Assembly for amendment at the 8th Session; review regulations on law application and enforcement provisions to ensure feasibility and no problems in application.
Source: https://kinhtedothi.vn/thuong-vu-quoc-hoi-cho-y-kien-ve-du-an-luat-sua-doi-mot-so-dieu-cua-7-luat.html
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