Vietnam Law & Legal Forum Magazine is your gateway to the law of Vietnam

Official Gazette

Sunday, August 20, 2017
Tags: amendments
Numerous issues discussed at 13th session of NA Standing Committee Numerous issues discussed at 13th session of NA Standing Committee
Numerous issues will be discussed at the 13th session of the National Assembly Standing Committee that opened in Hanoi on August 10.
Salient amendments to the 2015 Penal Code Salient amendments to the 2015 Penal Code
At its 3rd session wrapped up last month, the National Assembly passed a law making a raft of amendments to the 2015 Penal Code with effect from early next year. More than 200 articles of the Code have been amended, one new article added and another removed. These amendments include not only corrections of technical errors but also many criminal justice policy changes. Below are the most prominent of them.
Legal requirements for information disclosure and transparency in the equitization of SOEs Legal requirements for information disclosure and transparency in the equitization of SOEs
According to a government report, during 2011-15, 508 SOEs were equitized. The speed of equitizing big SOEs has been recognized to increase significantly over the past five years. As of October 2016, there remained 718 companies in which the State held 100% of charter capital. For the period from 2016 to 2020, the Government has identified enterprises where the State holds 100% of capital and dominant shares, including those operating in key industries, important geographical areas, and security and defense fields, applying high technologies, requiring large-scale investment and creating socio-economic impetus that lack investment from other sources.
Four tax laws to be amended Four tax laws to be amended
An official from the Ministry of Finance has said that his ministry was collecting opinions to revise four tax laws with the aim of facilitating the economic restructuring and formulating more reasonable incentive policies.
Property rules for condotels needed Property rules for condotels needed
The Ministry of Construction has proposed the Government to assign the Ministry of Natural Resources and Environment to study amendments to the land law, especially regulations on classification and mechanism for use of mixed land areas and grant of certificates of land use rights and ownership of houses and other land-attached assets for condotels.
New Law on Criminal Investigation Bodies New Law on Criminal Investigation Bodies
Consisting of 10 chapters and 73 articles, the Law on Organization of Criminal Investigation Bodies regulates the system of investigating agencies in Vietnam and clearly defines their tasks and powers.
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”
Bidding transparency expected to be further improved Bidding transparency expected to be further improved
The bidding grievance handling mechanism needed to be renovated to ensure transparency and keep pace with the country’s rapid international integration, said Deputy Minister of Planning and Investment Dao Quang Thu.
National Assembly to pass 13 laws at third session National Assembly to pass 13 laws at third session
The National Assembly of the 14th tenure is expected to pass 13 draft laws at its third session that opened on May 22 in Hanoi and scheduled to last until June 21, according to the session’s agenda.

Video

Vietnam Law & Legal Forum