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Official Gazette

Sunday, October 22, 2017
Tags: credit institutions
Draft law to deal with banks under special control Draft law to deal with banks under special control
The State Bank of Vietnam is gathering comments on a draft law revising the 2010 Law on Credit Institutions, which includes many provisions on special control.
Decision No. 1191/QD-TTg of August 14 2017 Decision No. 1191/QD-TTg of August 14, 2017
approving the bond market development roadmap during 2017-2020, with a vision toward 2030
Official Gazette issues Nos 8-12 June 2017 issued on September 26 2017 Official Gazette issues Nos 8-12 June 2017, issued on September 26, 2017
Enforcement of security under the new resolution on dealing with bad debts Enforcement of security under the new resolution on dealing with bad debts
Resolution No. 42/2017/QH14 on trial dealing with non-performing loans of credit institutions was passed on June 21, 2017, by the National Assembly. It took effect on August 15, 2017, and remains in force for five years from that date. The resolution is a long-awaited text and expected to help credit institutions to better deal with their non-performing loans. A significant number of provisions of this text are about secured transactions which are at the heart of the process of recovery of bank loans for the time being. This article tries to give an overview of the text.
Exclusive incentives proposed for special economic zones Exclusive incentives proposed for special economic zones
The Ministry of Planning and Investment has submitted to the Government a draft law on special administrative-economic units, proposing a series of land and tax incentives to attract more investment for three special economic zones in Quang Ninh, Khanh Hoa and Kien Giang provinces.
Directive No. 26/CT-TTg of June 6 2017 Directive No. 26/CT-TTg of June 6, 2017
On further effectively implementing Resolution No. 35/NQ-CP of May 16, 2016, in the spirit of the Government siding with businesses
ASEAN capital transaction liberalization: impacts on investment activities in Vietnam ASEAN capital transaction liberalization: impacts on investment activities in Vietnam
This article analyzes two issues: (i) How far AEC has gone in the roadmap to achieve the purpose of capital transactions liberalization and (ii) impacts of the commitments within the AEC regarding capital transaction liberalization on Vietnam’s law on foreign exchange management and on investment activities.
Govt sets financial regimes for credit institutions Gov’t sets financial regimes for credit institutions
Credit institutions and foreign bank branches have autonomy in finance and must take responsibility for their business activities and fulfill their obligations and commitments as prescribed by law.
Official Gazette issues Nos 3-5 May 2017 released on August 17 2017 Official Gazette issues Nos 3-5 May 2017, released on August 17, 2017
Party affirms private sector as important driving force for economic development Party affirms private sector as important driving force for economic development
The 12th Central Committee of the Communist Party of Vietnam on June 3 issued Resolution 10 affirming the development of the private economy into an important driving force of the country’s socialist-oriented market economy. Following are the principal contents of the Resolution.

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