National Assembly Chairman Vuong Dinh Hue said that some high-value assets should be differentiated to increase the deposit amount, ensuring feasibility when auctioning. Besides, it is necessary to strengthen online auctions.
On March 14, at the 31st session, the Standing Committee of the National Assembly gave opinions on the Law amending and supplementing a number of articles of the Law on Asset Auctions with many issues with different opinions, including regulations. Deposit determination and deposit handling.
In the opinion of the examining agency, the Economic Committee, raising the deposit level for some specific assets such as land use rights in cases of land allocation or land lease to implement investment projects , mineral exploitation rights and other assets are not suitable because specific assets are often of great value.
The 31st session of the National Assembly Standing Committee (Photo: Pham Thang).
Raising the deposit level does not completely handle the situation of deposit abandonment after winning a property auction, but also limits the number of people eligible to participate in the property auction, especially small-scale investors. but has potential.
Also according to the inspection agency, handling the situation of auction winners “giving up their deposit” must be handled in other forms, not just by stipulating an increase in the deposit level.
“We have discussed this a lot already,” said National Assembly Chairman Vuong Dinh Hue.
He recalled the land auction of several billion VND per square meter and suggested that some high-value assets should be differentiated and reviewed to increase the deposit amount to ensure feasibility in the process of organizing the auction. price.
“In the current law, the minimum is 5%, the maximum is 20%, so some assets with great value should be increased, especially because everyone wants to auction, but in the end, after bidding, they give up. there,” Mr. Hue said.
National Assembly Chairman Vuong Dinh Hue spoke at the meeting (Photo: Pham Thang).
Regarding online auctions, the Chairman of the National Assembly noted the progress made in the draft law and assigned the Government to make detailed regulations. Mr. Hue suggested that the framework and steps should be regulated in order, and the Government provide detailed regulations to enhance online auctions.
“If we just put a general sentence here and then leave it to the Government to regulate, it would be very difficult for the Government,” Mr. Hue said.
In addition, the Chairman of the National Assembly requested the Economic Committee to coordinate with the Ministry of Justice to review and supplement a number of contents that “if not regulated, will be lacking”.
For example, the problem of getting your deposit back before changing auction information. “We made a deposit but suddenly you changed it, I don’t want it anymore, what are the rules if I get this money back? I have the right to change because you changed the information, I have the right to change my decision “, Mr. Hue asked.
According to him, if this issue is not regulated, it will be very difficult in the future.
Explaining further about the online auction regulations, Minister of Justice Le Thanh Long said that the plan presented by the Government is to build a software for online auction according to the socialization plan, which can be placed in Judicial.
Minister of Justice Le Thanh Long (Photo: Pham Thang).
“The spirit of the Government’s submission and the viewpoint of the Ministry of Justice is that we do not require all public assets to go through this software,” Mr. Long said.
Regarding the civil aspect, the Minister of Justice believes that people with property have the right to choose, they should not be forced to choose one or the other.
“Right now there are about 10-15 of these pages that people are working on. If I do it later, it won’t necessarily be better. If I use an administrative measure to tell people to use my page better, it will be difficult,” he said. Long said that would violate the principles of competition law.