The NA deputies shared the same opinion that after nearly 12 years of implementation, the Law on Fire Prevention and Fighting has bared shortcomings, requiring amendments and supplements to further strengthen the state management of fire prevention and fire fighting, helping ensure sustainable socio-economic development.
Concerning the draft amendments and supplements to Article 170 of the Enterprise Law, the deputies asserted that the change is crucial as it will create conditions for foreign-invested firms to maintain their operations.
Clause 2 under Article 170 of the 2005 Enterprise Law prescribes that foreign-invested firms operating under the Foreign Investment Law in Vietnam can either re-register for operations and management in accordance with the Enterprise Law or not re-register. Those who say no will see their business operations limited to the activities specified in their investment licences.
The deputies agreed that the amendments and supplements to the article will provide a legal ground for those who failed to re-register to be able to broaden activities in Vietnam.
The draft amendments and supplementations to several articles of the Law on Value Added Tax are scheduled to be ratified during this session.
On May 29, the deputies are to hear reports on the Law on Reception of Citizens and debate the draft amendments and supplementations on several articles of the Law on Corporate Income Tax and the Law on National Defence and Security Education.