Secretary General of the National Assembly Bui Van Cuong has just signed and issued the conclusion of the National Assembly Standing Committee on the draft Law on Management and Investment of State Capital in Enterprises.
Previously, at the 38th session, the National Assembly Standing Committee reviewed and commented on the above bill.
The Standing Committee of the National Assembly emphasized that this is an extremely important law, with many difficult, new and complicated contents. Therefore, it is recommended that the Government study and absorb opinions, and have a plan to absorb them into each specific article and clause, especially new issues.
The Standing Committee of the National Assembly noted the need to separate and clearly define the function of state capital asset ownership from the function of state management of all types of enterprises.
On that basis, ensure the principle that the state is the owner of capital investment but does not administratively intervene in the business and management activities of the enterprise.
At the same time, it is necessary to promote decentralization and delegation of power, create initiative, promote the dynamism and creativity of state-owned enterprises, along with having a strict management mechanism to avoid abuse and loss of state assets.
In particular, the Standing Committee also noted the need to attach responsibility to the units and representatives of state capital and increase publicity and transparency about the financial status, operations, production and business of state-owned enterprises to ensure inspection and supervision by the State and the people of state capital.
"The law only regulates issues that are mature, clear, proven correct by practice, have high consensus and unity, and are under the authority of the National Assembly. It does not legislate issues that are not yet stable because socio-economic relations are in the process of movement and have many changes," the conclusion stated.
The National Assembly Standing Committee proposed to closely follow the preliminary review of Resolution No. 12 of the 5th Central Conference, Session XII, on continuing to restructure, innovate and improve the efficiency of state-owned enterprises to ensure that the provisions of the law are consistent with the Party's policies.
In addition, it is necessary to review the scope and subjects of regulation, not to create legal gaps, and to ensure the consistent principle that wherever there is State capital, there must be State management with appropriate measures and levels.
Along with that, review and inherit the provisions of current laws that are effective, do not allow the situation of amendments and new regulations that create new difficulties, obstacles, inadequacies or cause waste of money and state assets...
The National Assembly Standing Committee also requested that agencies review, clarify, absorb, adjust and supplement according to the opinions of the examining agency on the content of State capital management invested in enterprises; authority to decide on personnel work, strategies, plans, capital restructuring portfolio, scope of capital investment, etc.
The Standing Committee of the National Assembly assigned the Finance - Budget Committee to officially review when the Government has fully supplemented the documents to submit to the National Assembly for consideration and discussion at the 8th session.