Chairman of the National Assembly Vuong Dinh Hue speaks at the meeting with standing board of the legislature’s Committee for Economic Affairs (Photo VNA)
- Chairman of the National
Assembly (NA) Vuong Dinh Hue met with the standing board of the legislature’s Committee
for Economic Affairs on April 28.
The top legislator highlighted the committee’s
performance in law-making during the 14th tenure, as seen in its chairing of the
verification and submission of 13 draft laws, including eight amended and
supplemented laws and five new laws, to the NA for consideration and approval.
Among them, the law amending and supplementing certain
articles of the Law on Credit Institutions, and the NA’s Resolution No
42/2017/QH14 on piloting the settlement of non-performing loans at credit
institutions were milestones in legislative activities during the 14th tenure
as they have been swiftly enforced in reality, he noted.
Meanwhile, he went on, the legal system on
investment and business has been increasingly reformed and perfected, with the
issuance of the Law on Investment, the Law on Enterprises, the Law on
Investment in the form of Public-Private Partnerships, and the Law on
The committee’s verification reports have also been
of higher quality and more persuasive, Hue said, asking that it continue
working on a plan to reform and improve its activities.
The chairman requested the committee provide
early and timely advice to the NA and the NA Standing Committee about major
issues such as the five-year socio-economic development plan, the public
investment plan, and the five-year financial plan.
It should thoroughly consult with experts about
nationally important projects, he demanded.
The Committee for Economic Affairs also needs to
assist the NA, the NA Standing Committee, and the Government in overhauling any
overlaps and problems in legal regulations on investment and business,
according to Hue./.