On January 10, the Standing Committee of the Finance and Budget Committee met to review and revise the draft Law on Management and Investment of State Capital in Enterprises.
According to the Report on the results of reviewing and revising the draft Law on State Capital Management and Investment in Enterprises by the Ministry of Finance (the drafting agency), immediately after the 8th Session, the Finance and Budget Committee and the Ministry of Finance coordinated to synthesize and absorb the opinions of National Assembly deputies to revise and complete the draft Law.
Thereby, the draft Law has been revised and completed with provisions on applicable subjects; scope of capital investment in enterprises; assignment and decentralization of decision-making authority; salary, wage and bonus policies; supervision, inspection, auditing; assessment of enterprises, representatives and controllers.
The report also said that the draft Law still has three contents with inconsistent opinions, including: subjects of application; tasks and powers of the Government, ministries, central agencies, provincial People's Committees and business plan decisions.
At the meeting, delegates also focused on giving opinions on the contents of the draft Law with different opinions. Some delegates gave opinions on perfecting the regulations on the tasks, powers, and responsibilities of agencies and representatives of capital owners; salary mechanism; application of the Law on Management and Investment of State Capital in Enterprises, international treaties and agreements; prohibited acts in the field of management and investment of State capital in enterprises, etc.
Minister of Finance Nguyen Van Thang explained and clarified a number of contents that delegates focused on commenting on; affirmed that he will continue to invest human resources, material resources and time to work with the Finance and Budget Committee to absorb, revise and complete the draft Law.
Chairman of the Finance and Budget Committee Le Quang Manh suggested that the Subcommittee on Public Assets and State Finance outside the budget coordinate with relevant departments and offices of the Ministry of Finance to revise the contents agreed upon by the two agencies.
At the same time, coordinate to assess the impact of new contents added to the draft Law, ensuring proper implementation of the provisions of the Law on Promulgation of Legal Documents.
There has been an announcement from the competent authority about stopping the operation of the State Capital Management Committee at enterprises.
Therefore, the Chairman of the Finance and Budget Committee noted that the draft Law on designing regulations on state capital management agencies in enterprises in the direction of going first or going in parallel needs to be studied by specialized agencies to determine the most suitable option.
The Minister of Finance needs to report to the Government for official comments on this draft Law.
