NA Standing Committee scrutinises draft revised Law on Bidding

The National Assembly (NA) Standing Committee discussed some contentious issues on the revised draft Law on Bidding on March 15 as part of its ongoing 21st session in Hanoi.

NA Chairman Vuong Dinh Hue speaks at the discussion of the NA Standing Committee on March 15. (Photo: VNA)

Hanoi (VNA) – The NationalAssembly (NA) Standing Committee discussed some contentious issues on the revised draft Law on Bidding on March 15 as part of its ongoing 21st session inHanoi.

Reporting on the debate of some of the major contents of the draft, Chairman of the NA’s Committee for Financial andBudgetary Affairs Nguyen Phu Cuong said that in late 2022, the 15th NA looked into the draft at its fourth session. Once the session concluded, the Committee for Financial and Budgetary Affairs coordinated with relevant ministries and agencies to consider legislator opinions and amend the bill.

NA Chairman Vuong Dinh Hue said thedraft law is important as it is related to the use ofstate capital and assets, administrative procedures and processes, thetransparency of the investment and business climate, and the prevention ofcorruption and negative phenomena.

The 21st session of the NA Standing Committee in Hanoi (Photo: VNA)

He said that the law should also beapplied to businesses where the proportion of state capital to chartercapital is less than 50% or zero as they use state capital for investment.


Provided that state capital is used,bidding is compulsory, he emphasised.

Regarding COVID-19 vaccineprocurement, Hue said this is an unprecedented issue, so regulations on suchspecial cases should be included in the draft so that the Government or the PrimeMinister won’t have to issue specific resolutions in the future.

The top legislator also requested further consideration of some issues in thefield of health care such as negotiations on the price of medicine or bidding on specialdrugs and chemicals to ensure smooth operation.

Concluding the discussion, NA ViceChairman Nguyen Duc Hai asked the Committee for Financial and Budgetary Affairsto continue working with relevant agencies to collect and consider moreopinions from legislators and related bodies to ensure the quality of the draft law to be submitted to the parliament./.

VNA

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