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Official Gazette

Friday, August 18, 2017
Tags: agriculture
Official Gazette issues Nos 3-5 May 2017 released on August 17 2017 Official Gazette issues Nos 3-5 May 2017, released on August 17, 2017
Rationale behind new Party resolution on private economy Rationale behind new Party resolution on private economy
One of the current tasks and solutions set for turning the private economy into an important driving force of Vietnam’s economy is “to reach consensus in terms of perception, thinking and action in the implementation of the guidelines and policies on development of the private economy”. Yet “there remain a number of issues on development of the private economy that need to be further concretized and clarified in both theory and practice.” Some of these issues are highlighted below.
Law on Support for Small- and Medium-sized Enterprises Law on Support for Small- and Medium-sized Enterprises
The Law on Support for Small- and Medium-sized Enterprises, which is the first of its kind in Vietnam, will enter into force on January 1 next year.
Party affirms private sector as important driving force for economic development Party affirms private sector as important driving force for economic development
The 12th Central Committee of the Communist Party of Vietnam on June 3 issued Resolution 10 affirming the development of the private economy into an important driving force of the country’s socialist-oriented market economy. Following are the principal contents of the Resolution.
In Vietnam the Army plays a nation-building role In Vietnam, the Army plays a nation-building role
The nation’s defense forces not only protect national sovereignty, but they also contribute to the country's socio-economic development, Nguyen Chi Vinh, Deputy Minister of Defense tells the Vietnam News Agency.
Ha Tinh - an emerging FDI spot in central Vietnam Ha Tinh - an emerging FDI spot in central Vietnam
Ha Tinh province serves as a bridge linking the north and south of Vietnam with convenient road and railway routes. Its 56,000-hectare Cau Treo border gate is among the nation’s nine major border-gate economic zones entitled to government budget allocations during 2016-20.
Bank loans: interest and fees under the new rules Bank loans: interest and fees under the new rules
One way for credit institutions to generate revenues is charging interest and fees on loans they provide. On December 30, 2016, the State Bank of Vietnam issued Circular No.39/2016/TT-NHNN regulating lending activities of credit institutions and foreign bank branches which took effect on March 15, 2017. This text sets forth new rules relating to rates of interest and fees in lending activities.
Resolution No. 38/NQ-CP Resolution No. 38/NQ-CP
Promulgating the Government’s Action Program to implement Resolution No. 06-NQ/TW on “Effective international economic integration and maintenance of socio-political stability in the context when Vietnam accedes to new-generation free trade agreements”
Food safety control remains challenging Food safety control remains challenging
Rising violations of food safety law have triggered public worry while concerned authorities appeared inactive in redressing the situation, Phuong Lien and Dinh Hang of the Tin tuc Cuoi tuan (Weekend News) reported.
Party resolves to refine market economy institutions Party resolves to refine market economy institutions
The 12th Central Committee of the Communist Party of Vietnam on June 3 issued Resolution 11 of its fifth plenary meeting on completing the institutions of the socialist-oriented market economy, setting objectives for 2030 as well as solutions to achieving these objectives. Following are the principal contents of the Resolution.

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