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Official Gazette

Sunday, November 19, 2017
Tags: 2017
Procedures for customs valuation to be further simplified Procedures for customs valuation to be further simplified
The General Department of Customs is working out a draft decree to revise Decree 08 issued in 2015, which focuses on simplification of procedures for customs valuation to create more favorable conditions for priority enterprises in the customs sector.
Banks asked to further develop mobile payment Banks asked to further develop mobile payment
By 2020, at least 300,000 point-of-sale machines will be installed with the number of transactions reaching around 200 million per year.
Draft circular to facilitate e-transactions in the securities market Draft circular to facilitate e-transactions in the securities market
The Ministry of Finance is gathering comments on a draft circular guiding e-transactions in the securities market which sets out principles and procedures for carrying out such transactions in a smooth and safe manner.
Numerous tasks laid down for better business environment Numerous tasks laid down for better business environment
Ministries and sectors will further review current regulations so as to cut the number of existing business conditions and administrative procedures by one-third or, if possible, by half.
Building an equal relationship between the State and citizens Building an equal relationship between the State and citizens
Rule-of-law institutions of citizens and of the state are part of a rule-of-law state. The history of building rule-of-law states around the world shows that in order to successfully build rule-of-law institutions of the state, it is a must to simultaneously establish, or even give priority to establishing, rule-of-law institutions of citizens.
APEC 2017: Prime Ministers speech at Vietnam Business Summit 2017 APEC 2017: Prime Minister's speech at Vietnam Business Summit 2017
Prime Minister Nguyen Xuan Phuc delivered a speech at the Vietnam Business Summit which was held in the central city of Da Nang on November 7. 
Law on Irrigation Law on Irrigation
The Law on Irrigation, which was passed in June this year, is expected to complement the law on water resources management.
Presidents article: APEC Vietnam 2017 - Fostering a shared future in a changing world President's article: "APEC Vietnam 2017 - Fostering a shared future in a changing world"
President Tran Dai Quang wrote an article entitled "APEC Vietnam 2017 - Fostering a shared future in a changing world" just ahead of the APEC 2017 Economic Leaders' Week, which is taking place in the central city of Da Nang from November 6-11 with the focal event being the 25th APEC Economic Leaders' Meeting.
Authorities set to crack down on fake ginseng Authorities set to crack down on fake ginseng
The Ministry of Science and Technology is working on a plan to do away with products counterfeiting Ngoc Linh ginseng (Panax vietnamensis or Vietnamese ginseng) which are seriously hurting the value and brand of this national product.
Financing projects in industrial parks: what risks for banks? Financing projects in industrial parks: what risks for banks?
It is common now in practice to finance projects implemented in industrial parks and/or to take security over real estate located in those industrial parks. However, since the legal framework on lease of land in industrial parks remains complicated and has its limitations, such financing may turn risky for credit institutions in certain circumstances and at certain stages. This article tries to point out some of those risks.

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