AMENDING A NUMBER OF PROVISIONS ON PPP PROJECTS, ENTERPRISES LAW AND INVESTMENT LAW

10/09/2019, 14:59 PM

National Assembly Standing Committee will comment on the PPP Law, the Enterprise Law, and the Investment Law in the 37th session on 9/9, the two-week session (from 9/9 to 21/9)


Accordingly, the PPP Law, Enterprise Law and Investment Law will have certain changes. Specifically, for PPP Law (Investment Law in the form of public-private partnership), according to the draft law submitted to the verification agency, the minimum threshold for implementing PPP projects in each field is stipulated by the Government but not lower than VND 200 billion.

 

For the Enterprise Law project (amended), it is worth noting that the concept of state-owned enterprises has been modified to include two types of enterprises: enterprises in which the state owns 100% of charter capital and enterprises that The State owns more than 50% of charter capital or the total number of voting shares.

Regarding the Law on Investment (amended), one of the highlights of this amendment is the abolition of 12 conditional business investment lines. The draft law also removed commercial housing from the subjects of investment incentives to be consistent with the provisions of the Land Law.

In addition to these three bills, at this two-week meeting, the National Assembly Standing Committee also commented on many other bills: the Law Amending and Supplementing a Number of Articles of the Law on Natural Disaster Prevention and Control and the Law Dykes, Law on Securities (amended), Law on Youth (amended), Law amending and supplementing a number of articles of the Law on State Audit, Law on Mediation, Dialogue in Court, Law on Amending and Supplementing supplement some articles of the Law on Organization of the National Assembly.

(Cre: VnEconomy)

 

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