National Assembly deputies propose to consider amending the Commercial Law

Continuing the agenda of the 5th session, on the morning of May 23rd, the National Assembly discussed in the plenary hall the proposed legislative and ordinance drafting program for 2024, and adjustments to the legislative and ordinance drafting program for 2023.

Representative Le Xuan Than ( Khanh Hoa Delegation) agreed with the content of the Report on the Program for drafting laws and ordinances in 2024, adjusting the Program for drafting laws and ordinances in 2023. However, the representative reflected on the long-standing problem of delays in submitting documents and files, and suggested that measures be taken to address this issue, ensuring sufficient time for thorough research so that draft laws and resolutions achieve high quality.

In addition, delegates agreed to separate the entire content of the Law on Road Traffic Safety from the Law on Roads so that both laws can be considered simultaneously, ensuring the quality of legislative work.

Policy - National Assembly deputies propose reviewing amendments to the Commercial Law. — National Assembly Deputy Le Xuan Than delivered a speech in the assembly hall.

Regarding the 2005 Commercial Law, the delegate stated that the e-commerce sector is currently regulated by three decrees. The Commercial Law, enacted nearly 20 years ago, now contains many contradictions and is outdated compared to the 2015 Civil Code, failing to keep pace with the development of e-commerce.

Delegates proposed reviewing amendments to the Commercial Law to align it with the 2015 Civil Code and the Commercial Law, as well as resolving disputes through courts or out-of-court commercial arbitration.

During the plenary session, based on the draft plan and Article 52 of the 2013 Constitution, delegate Truong Trong Nghia (from Ho Chi Minh City) expressed his agreement with delegate Le Xuan Than's opinion on the urgency of amending and supplementing the Commercial Law.

Since 2005, Vietnam has participated in numerous international agreements and conventions, and digital technology and digital commerce have developed strongly amidst the continuous growth of the global economy.

Policy - National Assembly deputies propose reviewing amendments to the Commercial Law (Figure 2). — Representative Truong Trong Nghia proposed adding the Commercial Law to the Program for drafting laws and ordinances.

Therefore, the 2005 Commercial Law is outdated, and Representative Truong Trong Nghia proposed adding the Commercial Law to the legislative and ordinance drafting program of the 15th National Assembly.

In addition, delegate Truong Trong Nghia proposed adding a Law on Special Urban Areas to the Program for drafting laws and ordinances, and to the orientation plan for the 15th Party Congress.

Delegates argued that it is time to develop a Law on Special Cities to govern and manage special cities through legally binding regulations. Currently, we have only implemented separate resolutions, often pilot programs with various pilot scenarios. Therefore, developing a Law on Special Cities is necessary and requires medium- and long-term planning.

The Law on Special Urban Areas serves as a guideline for the development of other cities in our country such as Hai Phong, Da Nang, Nha Trang, and Can Tho. Therefore, the delegates from Ho Chi Minh City also proposed adding the Law on Regional Economic Linkages to the Program for the Development of Laws and Ordinances .

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