Deputy Nguyen Sy Cuong of Ninh Thuan province noted the great losses of public assets due to the lack of transparency in the field, adding that there should be stipulations on the effective use of public assets to prevent waste. He pointed to the fact that many public assets were left unused.
The deputy also applauded the stipulation on the responsibility to pay compensation in case of loss and requested clearer regulations on the issue, such as on which cases called for compensation, levels of compensation and methods of paying compensation.
Many deputies supported changing the name of the draft law to “Law on the Management and Use of Public Assets,” as suggested by the Government. Deputy Nguyen Van Canh of Binh Dinh said the name was consistent with the stipulations in Article 53 of the 2013 Constitution and the 2015 Civil Code.
Deputy Ho Duc Phoc of Nghe An province, who is also State Auditor General, held that the definition of public assets should be expanded to include things such as assets belonging to State reserves or information databases.
Deputy Tran Hoang Ngan of Ho Chi Minh City urged transparency in the management and use of public assets, saying that these would also help with the fight against corruption.
The same day, the Government also submitted to the NA the draft revised law on railways and a bill on the guard force.
