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Official Gazette

Sunday, January 19, 2020
India- A Great Export Destination for Vietnamese Goods amp; Services India- A Great Export Destination for Vietnamese Goods & Services
There is a huge potential to increase Vietnam-India trade ties in various sectors. India can be a good destination of export goods from Vietnam. Further, more and more Indian tourists can be attracted to Vietnam.
Assurance of social security in Vietnam: achievements and orientations Assurance of social security in Vietnam: achievements and orientations
Vietnam’s social security model has proved to be preeminent and suitable to the country’s socio-economic conditions as well as its development toward socialism. However, despite undeniable accomplishments, limitations and shortcomings still exist. This article reviews the situation and suggests orientations for development of social security in Vietnam.
Fundraising through new channels - opportunities and legal challenges Fundraising through new channels - opportunities and legal challenges
The Fourth Industrial Revolution helps create new products and services as well as business models in an open atmosphere without any distance between the reality and cyber space. However, Vietnam’s existing legal framework still fails to meet the demand for realizing these products, services and models. It is not yet mature for the application of novel forms of raising funds from angel investors or venture investment funds. So far, there is no legal corridor for innovative startups, particularly fintech ones. This article introduces new fundraising channels and their legal challenges and puts forward recommendations for formulating a regulatory sandbox applicable to these channels.
Legislation on house ownership by foreigners: inadequacies and recommendations for improvement Legislation on house ownership by foreigners: inadequacies and recommendations for improvement
The 2014 Housing Law has new provisions for foreigners to own homes in Vietnam, making a breakthrough in attracting foreigners to work and live in the country. However, the applied term of house ownership for foreigners produces some negative effects that the law fails to anticipate. This article points out inadequacies in the regime of Vietnam-based house ownership by foreigners and gives recommendations for improvement.
Fulfillment of labor commitments under new-generation FTAs Fulfillment of labor commitments under new-generation FTAs
Against the backdrop of increasing globalization, Vietnam has signed dozens of FTAs, of which CPTPP and EVFTA are two new-generation FTAs of special significance. Unlike traditional FTAs, new-generation FTAs also require member states to fulfill non-commercial commitments. This article analyzes the similarities and differences between Vietnam’s law and the labor commitments under EVFTA and CPTPP and puts forth suggestions for the effective implementation of these commitments.
Streamlining the government apparatus: A job to be done in a determined manner Streamlining the government apparatus: A job to be done in a determined manner
The National Assembly on June 10 discussed the draft law revising a number of articles of the Law on Organization of the Government and the Law on Organization of Local Administrations. Associate Professor Dr. Le Minh Thong, who is an assistant to National Assembly Chairwoman Nguyen Thi Kim Ngan, talks with the media on some issues of public concern relating to the reorganization of the government apparatus.
Toward a new circular regulating intermediary organizations in Vietnams science and technology market Toward a new circular regulating intermediary organizations in Vietnam’s science and technology market
A draft circular replacing Circular 16/2014/TT-BKHCN dated June 13, 2014, of the Minister of Science and Technology, will be finalized very soon. This new circular stipulates favorable conditions for the establishment and operation of intermediary organizations in Vietnam’s science and technology market in the coming time.
Law-based state management of e-commerce in Vietnam Law-based state management of e-commerce in Vietnam
According to Prime Minister Decision 222 of 2005 approving the overall plan on e-commerce development during 2006-10, the State plays the role of creating a favorable legal environment, while providing public services to assist e-commerce activities, and developing e-commerce in connection with the application and development of information and communication technology.
Regulations on online ads - inadequacies and suggestions for improvement Regulations on online ads - inadequacies and suggestions for improvement
Online advertising has proven to be a trendy choice of businesses. Revenue of Vietnam’s online advertising market mounted to USD 76 million in 2017 and is forecast to increase by three folds in the next five years. However, there remain several limitations in the law regulating Internet advertising such as regulations on protection of interests of online customers, foreign traders’ right to run online advertisements, advertising of some special goods, products and services, management of new types of advertising, and competence for state management for online advertising.
Tasks ahead for new-generation FDI in Vietnam Tasks ahead for new-generation FDI in Vietnam
Phan Huu Thang, Vice Chairman of Vietnam’s Association of Foreign-Invested Enterprises, told Vietnam Investment Review that hi-tech processing and manufacture, smart agriculture, healthcare, education and training, and renewable energy will be the hottest sectors for FDI in the coming months and years.

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