Legal Update

Legal documents issued from June 20 thru 26

Legal documents issued from June 20 thru 26

From June 20 thru 26, six legal documents were issued, including: Code Subject Promulgating agency/person Date of promulgation Effective date Decision No. 1100/QD-TTg Approving the plan to implement  the United Nations’ Conversion on Rights of Persons with...

Banking sector to support firms

Banking sector to support firms

The banking sector will apply comprehensive monetary policies and banking operations to improve credit access, focusing on enhancing national credit ratings, according to the State Bank of Vietnam (SBV). SBV Governor,...

 
Draft decree sets more conditions for customs priority

Draft decree sets more conditions for customs priority

Businesses have expressed concern over more requirements for special customs incentives in a decree drafted by the Ministry of Finance to amend the government’s Decree 08/2015/ND-CP on customs procedures. The draft...

Agency seeks approval to import gold for jewellery, art

Agency seeks approval to import gold for jewellery, art

Vietnam Gold Trading Association (VGTA) asked the State Bank of Vietnam to allow local producers of gold jewellery and fine art to import gold materials. VGTA’s chair Nguyen Thanh Long said...

 
Resolution 19 improves competitiveness

Resolution 19 improves competitiveness

Vietnam’s competitive environment has improved after two years of implementing the government’s Resolution 19 on improving the business environment and national competitive ability. Nguyen Dinh Cung, head of the Central Institute...

Firms want clear customs rules

Firms want clear customs rules

Representatives of businesses have expressed expectations that regulations in a draft decree amending Decree 08/2015/ND-CP on customs procedures to be clear. The draft decree was put forth for enterprises in the...

 
Finance Ministry plans to issue government bonds in foreign currencies

Finance Ministry plans to issue government bonds in foreign currencies

The announcement by the Ministry of Finance (MOF) to seek capital in foreign currencies from domestic sources has raised concerns. Experts warned this would encourage people and businesses to hoard...

Efforts to accelerate settlement of international investment disputes

Efforts to accelerate settlement of international investment disputes

A number of solutions will be implemented to build the capacity of settling international investment disputes and increase material and technical conditions for this work. Under Prime Minister Decision No. 1036/QD-TTg...

 
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