According to the Ministry of Finance, implementing Document 322/TB-VPCP dated July 15, 2024 of the Government Office announcing the conclusion of the Government Standing Committee on the Steering Committee for reviewing and handling difficulties in the legal document system, specifically "Focusing on reviewing and handling urgent difficulties in a number of laws to remove difficulties, obstacles, and bottlenecks to promote growth, control inflation and stabilize the macro economy".

On that basis, the Ministry of Finance has urgently reviewed and assessed the implementation of the Laws drafted by the Ministry of Finance. Accordingly, there are 7 laws that have encountered some difficulties and problems during the implementation process.

The purpose of amending the above regulations is to promote decentralization and delegation of power in the development of mechanisms, policies, laws, planning, inspection and supervision. Promote the simplification of administrative procedures; eliminate the request-grant mechanism; clear and effectively use all resources for development, take public investment and State resources as the guide and activate all other legal resources.

In addition, the amendment of 7 related laws aims to promptly remove difficulties, obstacles and bottlenecks to promote growth, control inflation and stabilize the macro-economy; improve the investment and business environment; remove obstacles in policy mechanisms, improve management effectiveness and efficiency, and strengthen public service responsibilities to ensure fairness, equality, transparency and consistency in the system of legal documents.

At the same time, create resources for socio-economic development through expanding the collection base, preventing tax losses, especially e-commerce activities, digital-based business; modernize tax management, promote digital transformation and electronic invoices to best serve taxpayers' tax obligations, and create momentum for economic growth.

Therefore, the Ministry of Finance proposed to develop a draft Law amending and supplementing a number of articles of the Securities Law, the Accounting Law, the Independent Audit Law, the State Budget Law, the Law on Management and Use of Public Assets, the Tax Administration Law, and the Law on National Reserves.

Regarding the Securities Law, the Ministry of Finance proposed to amend and supplement the following articles: Professional securities investors; prohibited acts in securities activities and the securities market; conditions for public offering of securities; cancellation of public offering of securities; private offering of securities by public companies, securities companies, securities investment fund management companies; public companies.

In addition, it is proposed to amend regulations related to: Public company registration dossier; share repurchase report, information disclosure and implementation of share repurchase; cancellation of public company status; dossier of cancellation of public company status; rights and obligations of Vietnam Securities Depository and Clearing Corporation; members of Vietnam Securities Depository and Clearing Corporation; clearing and settlement of securities transactions...