Sunday, November 17 2019


National Assembly discusses changes to Law on Investment

Update: June, 05/2014 - 08:36
Tan Son Nhat International Airport in HCM City. Lawmakers yesterday provided opinions on the revised Law on Civil Aviation. — VNA/VNS Photo Huy Hung

HA NOI (VNS) — Lawmakers yesterday heard a verification report on the revised Law on Investment. They also provided opinions on the revised Law on Civil Aviation 2006.

A plenary session of the National Assembly (NA) heard that the verification report agreed to continue improving investment mechanisms, policies and to make administrative procedures conform with international rules.

The NA's Committee for Economics said the amended law needed to make include regulations on investment. In addition, it also needed to raise State management of investments and clarify the sectors prioritised by the State to encourage development.

The Law on Investment, passed by the National Assembly in 2005, is a combination of the Law on Foreign Investment and the Law on the Promotion of Domestic Investment. The enactment of this law is an important step in the process of developing and perfecting the legal system of investment in Viet Nam.

However, deputies were told that the law still had some restrictions and shortcomings. These related to prohibited investments and regulations on investment abroad.

Civil aviation

NA deputies also discussed a bill on Civil Aviation Law. Deputies said that Article 49 of the draft law stipulated that the Ministry of Transport could open or close airports if necessary, but only after reaching consensus with the Ministry of Defence.

Many deputies agreed with the draft law that authority should be given to the Ministry of Transport to open or close airports consistent with international practices.

However, deputy Do Ba Ty of Dien Bien Province said airports used for defence, security, and rescue should be strictly managed by the Ministry of Defence.

Ty also proposed that the Ministry of Defence be given authority to open or close airports, adding that if aviation companies wanted them for civil aviation purposes, they should reach an agreement with the Ministry of Defence.

On aviation security, deputies agreed with provisions relating to aviation security so as to ensure absolute safety for flights and aviation security.

Deputy Nguyen Viet Nhien of Hai Phong suggested those writing the law provide regulations for those exempt from security checks to ensure transparency.

Deputy Nguyen Thai Hoc of Phu Yen Province said aviation security was part of national security so if it was under the management of the Ministry of Transport, difficulties would arise.

Later, deputies heard a Government report outlining a draft law on citizen identification cards. It had five chapters and 34 articles carrying new regulations on the management of cards, citizen's rights and duties concerning their cards as well as the responsibility of management agencies.

The deputies also heard a Government report about a draft law on birth, marriage and death records. The report said the law was essential to help create a legal foundation for the new Constitution, which has regulations on human rights and interests and the basic obligations of citizens.

They also heard a Government report on draft amendments to the Law on Vietnamese Nationality. The revised draft extends the deadline for overseas Vietnamese to register for citizenship. At present, overseas Vietnamese can lose their Vietnamese citizenship if they do not register in time.

The deputies also heard reports on the draft amendments to the law on People's Army Officers and to the law on People's Public Security Forces. — VNS

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