National Assembly Deputy Ha Sy Dong from Quang Tri province contributed his opinions to the drafting of laws.

This afternoon, June 21st, the National Assembly held a plenary session to discuss adjusting the effective dates of the following draft laws to be earlier (from August 1st, 2024): the Land Law, the Housing Law, the Real Estate Business Law, and the Law on Credit Institutions.

Representative Ha Sy Dong participates in providing feedback on the draft law on June 21, 2024 - Photo: NTL

These draft laws were passed by the 15th National Assembly and will take effect from January 1, 2025. They are currently being discussed and considered by the National Assembly for an earlier effective date at the 7th session, following a streamlined procedure within a single session.

Speaking at the discussion session, delegate Ha Sy Dong, member of the National Assembly's Finance and Budget Committee and Standing Vice Chairman of the Quang Tri Provincial People's Committee, expressed his agreement with the Government's proposal to the National Assembly at this session to consider and decide on allowing the Land Law, Housing Law, Real Estate Business Law, and Law on Credit Institutions to take effect earlier in order to organize implementation, contributing to fundamentally resolving institutional bottlenecks, especially from practical management at the local level, and hoping that these laws will soon be put into practice.

The reason is that current laws are overlapping, contradictory, and have many inadequacies in interpretation and implementation. Some state officials violate the law, get into legal trouble, or evade and shift responsibility partly due to these inadequacies. Therefore, the sooner these laws come into effect, the sooner this situation will improve. Recently, the Government and relevant ministries and agencies have consulted with localities to develop sub-laws so that when the laws come into effect, they can be implemented immediately.

The delegates mentioned the issues raised by the National Assembly's Economic Committee, which also need full attention, especially identifying and fully assessing the impact on the investment and business environment, the legitimate rights and interests of citizens and businesses, and particularly the reaction and sentiment of society.

For example, the Economic Committee expressed concern that some regulations taking effect five months earlier would create difficulties for those involved due to higher management requirements and stricter enforcement conditions. In its explanation in report No. 155 dated June 20th, the Ministry of Natural Resources and Environment stated that the 2023 Housing Law has very strict regulations on the investment and construction of multi-story, multi-family housing (also known as mini-apartments) for sale, lease, or lease-purchase. Accordingly, it requires the establishment of housing construction projects or investment in construction that meets fire safety requirements as stipulated by the law on fire safety; and meets investment and construction requirements. This regulation aims to address the situation of housing construction not meeting investment and construction requirements, leading to recent fire incidents.

Therefore, the early implementation of the Housing Law will address the practical problems that have arisen recently.

Delegates argued that early implementation would have some impact on the investment and business environment because investors would have had time to prepare to meet the requirements from January 1, 2025. Therefore, they proposed that for all provisions requiring higher management standards and stricter enforcement conditions, those affected should be encouraged to implement them from August 1st of this year, while the effective date for applying sanctions would be January 1, 2025.

Regarding the conditions for ensuring early implementation, the Government's submission affirmed that there is sufficient basis for the issuance of detailed regulations and guidelines for the implementation of the laws, ensuring the progress and quality of the implementation of the Land Law, Housing Law, Real Estate Business Law, and Law on Credit Institutions when these laws come into effect on August 1, 2024.

Delegates believe this serves as a basis for National Assembly deputies to vote in favor of early implementation. However, delegates are concerned that the progress in issuing guiding documents depends heavily on the preparation of ministries and agencies.

Furthermore, regarding the pilot project for implementing commercial housing projects, many businesses want the obstacles related to land for commercial housing to be resolved, but this project has not yet been submitted to the National Assembly.

Representatives reflected on some voters' opinions suggesting that if this pilot program were also implemented from August 1st, the early implementation of laws on land, housing, and real estate business would have a much more positive impact.

Representative Ha Sy Dong emphasized the necessity for the National Assembly and the Government to bear full responsibility before the people for the effectiveness of adjusting the effective date and transitional provisions of laws.

It is suggested that before passing any laws, the drafting agency should submit to the National Assembly a list of potential issues that may arise if these laws come into effect early, outlining how they will be resolved and which agencies are responsible for addressing them. This will allow National Assembly representatives to provide a solid basis for responding to constituents after the session.

Finally, the delegates approved these four draft laws to take effect from August 1, 2024, to create strong momentum for the country's development, while strengthening the confidence of the people and businesses in the transparency and effectiveness of the Vietnamese legal system.

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