Approval of adding a number of officials to establish, manage and work at the enterprise

Chairman of the National Assembly's Economic and Financial Committee Phan Van Mai presented a report on the review of the draft Law amending and supplementing a number of articles of the Law on Planning on the morning of May 9. Photo: QUANG PHUC

At the plenary session of the National Assembly on the morning of May 9, the National Assembly listened to presentations and examination reports on the draft Law amending and supplementing a number of articles of the Law on Enterprises.

A new content in this draft law is the amendment and supplement of the subjects allowed to establish, participate in management, operation, and work at enterprises, including civil servants.

Minister of Finance Nguyen Van Thang stated that this draft stipulates that the subjects allowed to establish enterprises include civil servants working at public universities who are allowed to contribute capital, participate in the management and operation of enterprises established by such educational institutions or participate in the establishment to commercialize research results created by such institutions.

In case the civil servant is an employee, he/she must have the consent of the head of the public university; in case the administrative civil servant is the head of the public university, he/she must have the consent of the direct superior.

According to the Minister, the reason for the amendment and supplement is that the National Assembly has issued a Resolution on piloting a number of special mechanisms and policies to create breakthroughs in the development of science, technology, innovation and national digital transformation. This Resolution stipulates that "management officials working at public science and technology organizations and public higher education institutions are allowed to contribute capital, participate in the management and operation of enterprises, work at enterprises established by such organizations or participate in the establishment to commercialize research results created by such organizations with the consent of the head of the organization". The Government has also issued a decree to institutionalize this content.

President Luong Cuong and National Assembly deputies attend the morning session on May 9. Photo: QUANG PHUC

Presenting the review report, Chairman of the Economic and Financial Committee Phan Van Mai commented that the draft law has provisions towards cutting administrative procedures, strongly applying science and technology in state management of enterprises, meeting the goal of reforming the investment and business environment.

The Government said that the additional regulations on declaring information about beneficial owners of enterprises do not create additional administrative procedures, agencies, organizations and individuals still use current financial and human resources, and do not generate costs for implementing the law.

Requiring the declaration of beneficial owner information increases compliance costs, but comparing the benefits and risks, not providing this content will cause much greater damage. Thus, the provisions in the draft law still ensure the ultimate goal of ensuring a transparent business investment environment for enterprises.

Regarding the addition of subjects allowed to establish, participate in management, operation and work at enterprises, the examining agency agreed, but proposed to study and revise the regulations in a more concise manner, excluding cases where the law on science, technology and innovation has other provisions. In addition, it proposed that the Government direct the review of the Law on Civil Servants to ensure the consistency and synchronization of the legal system.

MR. PHUONG

Source: https://www.sggp.org.vn/tan-thanh-bo-sung-mot-so-vien-chuc-duoc-thanh-lap-quan-ly-lam-viec-tai-doanh-nghiep-post794411.html