After contracting for public cars, we will also contract for public housing and telephones.

According to the draft Law on Management and Use of State Assets (amended), not only public vehicles, but also telephones, public housing... will soon be contracted.

According to the provisions of the draft Law on Management and Use of State Assets (amended) being submitted by the Government to the National Assembly for approval, the allocation of funds will be the preferred method, and only when the allocation method cannot be applied will other methods be applied. In addition to public vehicles, there are also allocations for public housing, public telephones at private homes, mobile phones and other assets.

In the near future, in addition to official cars, there will also be contracts for official housing, telephones... (Illustration: Internet)

Compared to the 2008 Law on State Property, which had 6 chapters and 39 articles, this draft law has up to 10 chapters and 137 articles, expanding the scope of regulation of types of property, aiming to increase the efficiency of management and use of public property. Accordingly, from public vehicles, roads, even airspace, sea areas, or radio frequencies, are also under the management of State Property.

Strict regulations on compensation for damage to public property

On the morning of October 31, Minister of Finance Dinh Tien Dung presented to the National Assembly the draft Law on Management and Use of State Assets (amended). Accordingly, the provisions in the draft on management and use of public assets at agencies, organizations and units have added a number of new forms in investment in construction, procurement, use and disposal of public assets.

Minister of Finance Dinh Tien Dung presented to the National Assembly the draft Law on Management and Use of State Assets (amended).

Specifically, centralized purchasing; investing in the construction of offices and public service facilities under the form of public-private partnership (PPP), allocating funds for the use of public assets; mobilizing capital to invest in the construction and purchase of assets at public service units; and writing off assets due to force majeure.

In particular, the allocation of budget for the use of assets is applied to official houses, cars serving official positions and cars serving general work of state agencies; official phones at private homes, mobile phones and other assets according to the management and use regime for each type of public assets issued by competent state agencies.

"Budgeting is the preferred method when there is a need to use public assets at agencies, organizations, and units. Only when the budgeting method cannot be applied, will other methods be applied," the draft Law clearly states.

In addition, the draft Law also stipulates the handling of violations of the law on management and use of public assets. Accordingly, those who violate the law on management and use of public assets and cause damage to the State must compensate according to the actual damage to the State.

“Depending on the nature and severity of the violation, those who violate the law on management and use of public assets will also be subject to disciplinary action, administrative sanctions or criminal prosecution in accordance with the provisions of law,” according to the draft.

In addition, the head of an agency, organization or unit is responsible for explaining and must bear joint responsibility if there is a violation of the law on management and use of public assets in his/her agency, organization or unit. Depending on the severity, he/she will be subject to disciplinary action or criminal prosecution in accordance with the provisions of law.

Minister Dinh Tien Dung emphasized: It is necessary to create a legal basis for strict management and economical use of public assets; prevent and repel loss, waste, corruption and other acts of encroachment on public assets; exploit public assets reasonably and effectively, associated with mobilizing social resources together with the State to invest in developing and exploiting public assets to create financial resources to effectively contribute to socio-economic development, restructuring the state budget; gradually specialize and professionalize public asset management, develop public asset services according to market mechanisms on the basis of ensuring the people's ownership of assets.

Transparency of public property information

In the review report on the Draft Law on Management and Use of State Assets (amended) presented to the National Assembly on the morning of October 31, Mr. Nguyen Duc Hai - Chairman of the Finance and Budget Committee noted that it is necessary to clearly distinguish between public assets serving state management, providing public career services, serving national interests, public interests and public assets serving commercial purposes to regulate appropriately, on the basis of separating the subjects managing and using types of public assets to optimize management and use efficiency.

Mr. Nguyen Duc Hai - Chairman of the National Assembly's Finance and Budget Committee

In principle, according to Mr. Hai, public assets serving state management work are assigned by the State in kind, formed from the State budget or of a budget nature and cannot be exploited for production, business or service provision. In case of using public assets for commercial purposes, the provisions of the Enterprise Law, the Law on Management and Use of State Capital Invested in Production and Business at Enterprises and relevant laws must be complied with.

The Finance and Budget Committee agrees with the provisions on the public asset information system and the national database on public assets in the Draft Law. The construction and operation of the information system will contribute to creating a channel to provide important comprehensive information on public assets, especially the total public asset resources, as a basis for state agencies in the process of macro management, state budget management, and serving e-Government.

However, to ensure the implementation of people's right to supervision, it is recommended to supplement regulations on public disclosure and transparency of information on public assets (except for information under regulations on state secrets) on the Electronic Information Portal./.

According to the Ministry of Finance, the current value of State assets exploited each year is nearly 100,000 billion VND. However, with this revised law, it is expected that by 2020 that number will increase by more than 20%. In addition, the draft also aims to reduce spending and attract other economic sectors to participate in exploiting and investing in the effective use of public assets.

According to VOV