Continuing the program of the 9th Session, on the morning of May 13, National Assembly Standing Committee member Phan Van Mai presented the Report on explanation, acceptance, and revision of the draft Law on Management and Investment of State Capital in Enterprises.
After being accepted and revised, the draft Law consists of 08 chapters and 59 articles, reducing 3 articles compared to the draft Law submitted to the National Assembly at the 8th Session.
Regarding the issue of decentralization, decentralization and simplicity of administrative procedures, the Standing Committee of the National Assembly has directed to review and adjust the provisions of the Government's tasks and powers; Members' Councils, Chairman of the Company at the State holding 100% of the charter capital; representatives of state capital; The representative of the capital of the business.
Cut 7/24 (about 30%) of administrative procedures; about 50% of procedures submitted to the Prime Minister are cut or decentralized to owner representative agencies, increase decentralization to enterprises
Some opinions suggested studying and regulating the subjects of application including enterprises with state capital invested directly from less than 50% of charter capital.
In response to the opinions of National Assembly deputies, the National Assembly Standing Committee has directed the review and supplementation of regulations to manage enterprises with state capital invested directly from less than 50% of charter capital as "Representative of the state capital invested in joint stock companies, two-member limited liability companies".
In addition, the draft Law has revised and supplemented the provisions on the representative of state capital at joint stock companies and limited liability companies with two or more members, ensuring coverage of both management and investment of state capital according to the investment capital in enterprises with 50% or less state capital according to the principle that wherever there is state capital, there must be state management with appropriate measures.
Regarding the investment activities of enterprises, there are opinions that the regulation not allowing enterprises to do real estate business is not appropriate.
This content was also adopted by the National Assembly Standing Committee in the direction of "no investment restrictions" in the draft law.
Regarding capital mobilization and lending, the National Assembly Standing Committee shall absorb and revise Article 18 of the draft Law.
This regulation has institutionalized the Party's guiding viewpoint, increased the autonomy and self-responsibility of enterprises, helped enterprises established by enterprises or invested capital access reasonable capital sources, created resources for enterprises to develop; shifted from pre-inspection to post-inspection.
Regarding salary, remuneration, and bonus policies, some opinions suggested strengthening decentralization for businesses in deciding on salaries at businesses.
Acquiring the opinions of the National Assembly deputies, the Draft Law stipulates that the Members' Council, the Chairman of the Company decides the salary policy of the enterprise, including the direct owner representative, the controller.
