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Official Gazette

Wednesday, February 21, 2018
Tags: business environment
Justice sector seeks to improve legislation Justice sector seeks to improve legislation
At the arrival of New Year 2018, Deputy Minister of Justice Phan Chi Hieu grants an interview to Vietnam Law and Legal Forum on the Government’s legislative work and the Ministry’s key tasks in 2018.
Government to cut half of business conditions in 2018 Government to cut half of business conditions in 2018
To promote fast and sustainable economic growth, efforts should be devoted to further improving the business climate and economic competitiveness, reforming specialized inspections of imports and exports and cutting business conditions.
Cabinet officially slashes 675 business conditions Cabinet officially slashes 675 business conditions
In order to improve the legal system as well as the investment and business environment, the Government on January 15 issued Decree 08 to remove 675 out of existing 1,216 business and investment conditions under the management of the Ministry of Industry and Trade.
Control and handling of corrupt acts in the private sector through accountability mechanism Control and handling of corrupt acts in the private sector through accountability mechanism
Corruption in the non-state business sector happens when someone takes advantage of his/her position in his/her enterprise for the sake of his/her personal gains. In Vietnam, the 2015 Penal Code (revised in 2017) has broadened the scope of corrupt acts to include corruption occurred in the private sector. Specifically, persons with high positions and/or powers in a non-state enterprise or organization will be liable for the following criminal acts: embezzlement, receiving bribes, giving bribes and bribery brokerage. However, in order to effectively prevent and combat corruption in the private sector, holding persons committing corrupt acts liable is not sufficient enough.
Anti-corruption law focuses on prevention measures Anti-corruption law focuses on prevention measures
The new Anti-Corruption Law aims to create mechanisms to prevent and combat corruption in a proactive and comprehensive manner so that state officials dare not and cannot commit corrupt acts.
Vietnams competition policy: Current problems and proposed solutions Vietnam’s competition policy: Current problems and proposed solutions
The past 30 years of renewal sees Vietnam liberalizes and expands its domestic market while step by step integrating into the world economy. As a result, different types of markets in the economy have increasingly developed and improved.
National Assembly adopts key national policies National Assembly adopts key national policies
The National Assembly passed six laws that would influence national development in different fields, said NA Chairwoman Nguyen Thi Kim Ngan at the closing meeting of the NA’s fourth session that concluded on November 24 after 26 working days.
Hanoi sets 2018 socio-economic development goals Hanoi sets 2018 socio-economic development goals
In 2018, Hanoi will drastically improve its investment and business environment and facilitate innovation and startup initiatives to develop enterprises and boost economic growth.
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.
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. 

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