The NA Standing Committee on September 14 agreed on the necessity to amend the Law on Competition to address inadequacies in the 12-year-old legislation. (Photo: VNA) Hanoi (VNA) -The National Assembly’s Standing Committee on September 14 agreed on thenecessity to amend the Law on Competition to address inadequacies in the12-year-old legislation.
The Government’s report onamending the competition law said the changes were essential to addressshortcomings, including the abuse of market dominance, monopolies and unfaircompetition.
Participants of theStanding Committee’s session also agreed that the amendment would seek toensure equal and non-discriminatory competition.
They said the groupdrafting the amended law should review thoroughly the relationship between thecompetition law and related laws, like the Penal Code, the AdministrativeProcedure Law, the law on fees and charges, and the law on credit institutions.
Minister of Industry andTrade Tran Tuan Anh said the amended law already clarified how to deal withlegal conflicts with other laws, such as the Advertising Law.
Nguyen Khac Dinh, Chairmanof the National Assembly’s Legislative Committee, said the bill had broadenedthe scope of regulation and had adopted a new approach more suited tomarket conditions.
In the afternoon session,the Standing Committee discussed the Law on Cyber Security.
Minister of Public SecurityTo Lam said there was an urgent need for network security in national securityprotection.
During the process ofdrafting the Law on Cyber Security, opinions varied. Some said it shouldfocus only on national security, while others said the law should not onlyfocus on protecting national security, but also ensure social security.
Lam said the Governmentbelieved that given the strong development of science and technology, networksecurity was important for all areas of activity covered by cyberspace.
"The situation ofnetwork security in our country is increasingly complicated. Many informationsystems have been targeted by hackers. Every year, there are thousands ofattacks aimed at government agencies, financial systems, banking, keyinformation infrastructure, websites of organisations and enterprises in Vietnam,”Lam said.
He added that if thenetwork security focused only on national security protection, it would missother entities that also needed protection.
In 2016, Vietnam detected135,190 cyber attacks, three times more than in 2015.-VNA
VNA
