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

Official Gazette

Wednesday, February 19, 2020
Tags: asset
PM lauds Vietnam-Russia anti-corruption cooperation PM lauds Vietnam-Russia anti-corruption cooperation
Prime Minister Nguyen Xuan Phuc on February 17 congratulated the Government Inspectorate of Vietnam and the Russian Presidential Anti-Corruption Directorate on their expanded anti-corruption cooperation.
Leaders of VN Russia exchange congratulations on diplomatic ties Leaders of VN, Russia exchange congratulations on diplomatic ties
Vietnamese leaders yesterday exchanged congratulatory messages with their Russian counterparts on the occasion of the 70th founding anniversary of Vietnam-Russia diplomatic ties.
Vietnam reaches for prosperity Vietnam reaches for prosperity
General Secretary of the Communist Party of Vietnam and President Nguyen Phu Trong shares his thoughts with the Vietnam News Agency on the efforts the Party and Vietnamese people have made to bring the country to where it is today.
Security over deposits Security over deposits
In practice, deposits at banks are used as security a great deal. However, the legal framework applicable to that kind of property remains unclear. This article tries to give an overview of the applicable provisions regarding security over deposits and to suggest how to properly construe and improve them.
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.
Anti-money laundering regulations to be revised Anti-money laundering regulations to be revised
Payment intermediary service providers would have to apply measures to prevent and combat money laundering as financial institutions do. Such is provided in a draft decree prepared by the State Bank of Vietnam to revise several articles of Decree 116 of 2013.
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.
Vietnamese SOEs must reform and invest in technology Vietnamese SOEs must reform and invest in technology
State-owned enterprises must strive to reform and become innovation centers in today's modern economy, said Prime Minister Nguyen Xuan Phuc at a conference discussing measures to improve Vietnam’s SOEs’ management and performance on October 16 in Hanoi.
New laws that take effect on the first of July New laws that take effect on the first of July
These include the Law on Competition, Law on Anti-Corruption, Law on the People's Public Security Forces, Law on Special Amnesty, Law on Vietnam Coast Guard, and Law Amending and Supplementing a Number of Articles of the Law on Higher Education
Poverty and economic inequality from Vietnamese citizens perspective in 2018 Poverty and economic inequality from Vietnamese citizens’ perspective in 2018
This article presents findings from the questions about issues of greatest concern for citizens in 2018, as part of the 2018 Vietnam Provincial Governance and Public Administration Performance Index (PAPI) Report, which captures experiences and perceptions related to governance and public administration performance at national and local levels in 2018 based on a survey of 14,304 citizens with different demographic characteristics, randomly selected from all 63 provinces and cities.

Video

Vietnam Law & Legal Forum