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 problems in the implementation process, so they need to be reviewed, 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... Therefore, it is necessary to review and research to have consistent regulations, avoiding overlaps and conflicts.
During the preliminary review of the Law Project, 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 on the need to study, amend and supplement the Laws under the Law Project to focus on immediately removing difficulties and institutional obstacles in the financial and budgetary fields to improve the investment and business environment, and to attract maximum state and non-state resources to promote socio -economic development.
The review agency recommends that the Government pay attention to directing the 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, and only propose amendments and supplements to contents that are truly urgent, pressing and have consensus among agencies to promptly remove difficulties, obstacles, and impediments 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 the recent Law projects submitted for comments from the National Assembly Standing Committee before submitting them 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 Digital Technology Industry Law project, 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. Amendments should not be made but create new difficulties, obstacles and inadequacies in causing loss and waste of state money and assets. For policies being piloted, it is necessary to fully assess their impact and demonstrate that they bring about effectiveness when applied before they are stipulated in the law.
Regarding the amendments to each law, the examining body has many opinions suggesting review, clarification, acceptance, adjustment and supplementation. Therefore, the Vice Chairman of the National Assembly suggested that the Government carefully study to complete the draft Law to be submitted to the National Assembly for discussion, consideration and decision. In addition, the examining opinion also said that the drafting body 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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