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Official Gazette

Sunday, March 29, 2020
Tags: charter capital
Top ten legal documents in 2019 Top ten legal documents in 2019
Selected by Vietnam Law and Legal Forum magazine, these include the Labor Code, the Law on Exit and Entry of Vietnamese Citizens, Prime Minister Decision 1068/QD-TTg,Law on Tax Administration, and a Prime Minister Decision adopting the national strategy for intellectual property rights, among others.
Law on Public Investment Law on Public Investment
Consisting of six chapters with 101 articles, the 2019 Law on Public Investment provides the state management of public investment and the management and use of public investment funds. It also defines the rights, obligations and responsibilities of agencies, units, organizations and individuals involved in public investment activities.
Air transport business requirements relaxed for newcomers Air transport business requirements relaxed for newcomers
The Government has issued a new decree to change air transport business requirements with a view to creating favorable conditions for new enterprises to do the business.
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.
Capital contribution by foreigners to Vietnamese companies Capital contribution by foreigners to Vietnamese companies
Foreign investor’s capital contribution to a company will not change its legal status as a Vietnamese company since it was lawfully established and has been operating in accordance with the Vietnamese law on enterprises.
Household business regulations brought into law Household business regulations brought into law
The Ministry of Planning and Investment has introduced the latest draft of the law revising the Investment Law and Enterprise Law, which officially acknowledges household business as a type of business entity besides private enterprise, partnership, limited liability company and joint-stock company.
Sectors and trades subject to market access conditions proposed Sectors and trades subject to market access conditions proposed
A list of sectors and trades in which foreign investors are subject to market access conditions has been added to the latest draft Law revising the Investment Law and Enterprise Law, prepared by the Ministry of Planning and Investment.
New rule paves way for SME development New rule paves way for SME development
With a view to strengthening the capacity of small- and medium-sized enterprises (SMEs), the Government on May 10 issued Decree 39, prescribing the establishment and operation of the SME Development Fund.
PM pledges optimal conditions for Japanese MUFG Bank in Vietnam PM pledges optimal conditions for Japanese MUFG Bank in Vietnam
The Vietnamese Government is committed to creating the best conditions for foreign firms, including MUFG Bank, to operate in Vietnam, stated Prime Minister Nguyen Xuan Phuc at a meeting with Kanetsugu Mike, President and CEO of the Japanese largest bank in Hanoi on February 22.
Regulations on conversion of bank bonds into stocks drafted Regulations on conversion of bank bonds into stocks drafted
The State Bank of Vietnam (SBV) is revising Circular 34 of 2013 on issuance of promissory notes, bills, deposit certificates and domestic bonds by credit institutions and foreign bank branches.

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