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

Official Gazette

Monday, February 26, 2018
Tags: credit institutions
National Assembly leader unveils tasks in 2018 National Assembly leader unveils tasks in 2018
January 6, 1946 marked an important event in the history of the country when the Vietnamese people cast for the first time their votes to directly select and elect talented and virtuous people to the National Assembly to shoulder the responsibility for national affairs.
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.
New rules on guarantees for housing projects New rules on guarantees for housing projects
On September 29, 2017, the State Bank of Vietnam enacted Circular 13/2017/TT-NHNN (effective as of November 15, 2017) amending a number of articles of Circular 07/2015/TT-NHNN on bank guarantees (Circular 07). The main changes brought about by the new text relate to guarantees for housing projects and are embedded in Article 12 of Circular 07.
Official Gazette issues Nos 5-8 November 2017 issued on February 12 2018 Official Gazette issues Nos 5-8 November 2017, issued on February 12, 2018
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.
Official Gazette issues Nos 9-12 October 2017 coming out on January 17 2018 Official Gazette issues Nos 9-12 October 2017, coming out on January 17, 2018
Vietnam unveils new non-performing loan toolkit Vietnam unveils new non-performing loan toolkit
As high non-performing loan (NPL) levels affect many credit institutions, particularly financially weak banks, authorities should step in to lead the system-wide response. This article dwells on major solutions to NPLs set forth in a recently approved scheme on banking system restructuring and NPL resolution.
New regulations on interest: a view from credit extension practice New regulations on interest: a view from credit extension practice
The State Bank of Vietnam (SBV) has recently issued some new regulations guiding lending activity of credit institutions and branches of foreign banks (credit institutions). These regulations have a significant effect on lending activity of credit institutions. Enacted to address the limitations of the precedent regulations, they also have some unclear points which might limit their effect. This article analyzes regulatory issues relevant to interests on loans of credit institutions.
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.
Top 10 legal documents in 2017 Top 10 legal documents in 2017
These include the Planning Law, the Law on Technology Transfer, the Law on Foreign Trade Management and Decree 03/2017/ND-CP on casino business, among others.

Video

Vietnam Law & Legal Forum