Hanoi, Oct. 19 -- A proposal and a verification report on the draft revised Law on Asset Auction were delivered to the National Assembly (NA) on October 19, aiming to curb profiteering, discourage speculative bidding and improve the transparency and efficiency of asset auctions. Presenting the Government's proposal at the ongoing second session of the 16th-tenure NA, Minister of Justice Hoang Thanh Tung said the draft law seeks to institutionalise Party policies on power decentralisation, administrative reform, digital transformation and the development of auction services under a socialist-oriented market mechanism. It would also strengthen efforts to prevent corruption, wastefulness and misconduct. The draft comprises seven chapters wit...