National Assembly (NA) Chairman Nguyen Sinh Hung on August 11 chaired the 30th session of the NA Standing Committee with a focus on law making work.

Addressing the opening session, top legislator Hung stated that at this session, the Standing Committee will give opinions on 13 draft laws including 9 expected for approval at the eight plenum such as the Investment Law (revised), the Corporate Law (revised), the Housing Law (revised), the Social Insurance Law (revised) and the Law on organization of the National Assembly (revised).

“All draft bills must be considered and discussed thoroughly, fully showing the spirit of the 2013 Constitution, especially the contents related to the law-governed socialist state, human rights and citizens’ fundamental rights and obligations.

Regarding the Draft Law on investment (amended), most NA deputies agreed with much of the content that has been revised. However, through discussions, many were still concerned about regulations on banned investment sectors and those related to conditional investment.

NA People's Aspiration Committee Head Nguyen DucHien said the draft law’s unclear regulations have cause difficulties in the implementation process, adding that it is imperative to review proposals and specify prohibited investment sectors and detailed regulations on conditional investment sectors.

NA Vice Chairman Nguyen Thi Kim Ngan said that if banned investment sectors or conditional investment sectors are not specified, the draft law on investment (revised) will not be passed at the eighth plenum.

Therefore, Ngan suggested drafting agencies should actively study and collect opinions from the NA Standing Committee and add the list of banned investment and conditional investment sectors to ensure that the draft law will be submitted to the NA at the next session.

(Source: VOV)