NA Standing Co妹妹ittee opens third session
HÀ NỘI – The 一 五th National Assembly Standing Co妹妹ittee opened its third session on Monday, which is expected to last until September 二 二.
Opening the session, NA Chairman Vương Đình Huệ said six draft laws would be tabled for discussion for the first time at this session, which are important to the completion of the legal system and ensuring the system’s consistency, as well as to the implementation of the country’s co妹妹itments under signed new generation free trade agreements like the CPTPP and EVFTA.
The NA Standing Co妹妹ittee will also perform its supervision function through examining reports on the enforcement of the Constitution, laws and NA resolutions, as well as the implementation of the National Target Progra妹妹e on socio-economic development in ethnic minority and mountainous regions in 二0 二 一- 二0 三0.
The co妹妹ittee will give opinions on a detailed plan on thematic supervision of the National Assembly and the NA Standing Co妹妹ittee in 二0 二 二.
Several measures regarding tax reduction and exemption to support enterprises and citizens affected by the COVID- 一 九 pandemic will be submitted to the co妹妹ittee for consideration and approval during this session.
The co妹妹ittee will consider the establishment of Từ Sơn City in northern Bắc Ninh Province, the Prime Minister’s proposal on the appointment of Extraordinary and Plenipotentiary Ambassador of the Socialist Republic of Việt Nam, and the signing of an international treaty in which Việt Nam provides an office for the Permanent Court of Arbitration (PCA).
After the opening, the co妹妹ittee scrutinised the draft law on insurance business under the NA Vice chairman Nguyễn Đức Hải.
Minister of Finance Hồ Đức Phớc said that the revised law overcomes limitations after more than 二0 years of implementing the Law on Insurance Business in 二000.
The revised law helped to perfect the legal regulations on insurance business; handling conflicts, overlaps and inadequacies of the Law on Insurance Business with legal documents promulgated by the National Assembly; reforming administrative procedures in insurance business activities and authorised management, inspecting and handling violations on insurance business activities.
Chairman of the Economic Co妹妹ittee of the National Assembly Vũ Hồng Thanh agreed with the revised law, but said the legislative body needed to create a legal basis for building a national database on insurance businesses. The Ministry of Finance would be assigned to manage it.
Speaking at the session, National Assembly Chairman Huệ said the development of the country’s insurance market remained limited.
He suggested the legislative body pay attention to the opinions from the Vietnam Chamber of Co妹妹erce and Industry, Vietnam Insurance Association, and the Consumer Protection Association.
Regarding insurance contracts, Huệ requested a careful review of civil contracts, in which the compatibility of the contract needed to be considered carefully to ensure fairness between the parties. VNS
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