Four-law bill presented to parliament
Industry and Trade Minister Lê Mạnh Hùng presented a bill amending parts of four laws to the National Assembly on October 20, acting on the prime minister's authorisation. The laws concern commerce, competition, foreign-trade management and consumer protection.
The ministry's published submission identifies three priorities: delegation linked to implementation capacity, administrative simplification and removal of practical business obstacles. It proposes abolishing or simplifying 20 procedures and business conditions, delegating ten matters and addressing 31 problematic provisions, including issues arising in the digital economy.
The draft contains six articles: four amending the existing laws, one on commencement and one on transition. Presentation to parliament is a legislative stage, not evidence that the changes have been enacted or taken effect.
Main proposed changes
For the Commercial Law, the draft would remove three groups of business conditions and four administrative procedures, delegate one procedure and revise three overlapping provisions. Competition Law changes would simplify two procedures electronically and refine three areas involving competition in digital and new business models.
Foreign-trade proposals include removing two procedures, simplifying nine, delegating five matters and improving four provisions for Vietnamese exports. Consumer-protection changes cover four delegated matters and alignment with personal-data legislation.
The submission says the government incorporated 21 of 22 conclusions from the National Assembly Standing Committee and 39 of 45 groups of appraisal comments. Further explanations were provided in writing. The government will continue receiving parliamentary feedback as it completes the bill for consideration.