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

Official Gazette

Friday, April 28, 2017
Tags: draft
Two models of agency managing SOE capital proposed Two models of agency managing SOE capital proposed
As revealed by the Government Office in its recent announcement of Deputy PM Vuong Dinh Hue’s conclusion about the draft scheme to establish an agency representing the state ownership or managing state capital in state-owned enterprises prepared by the Ministry of Planning and Investment, two establishment models of the agency were proposed.
Foreign workers to be obliged to pay compulsory social insurance premiums Foreign workers to be obliged to pay compulsory social insurance premiums
Foreigners who enter into labor contracts with a term of at least full one month with Vietnam-based employers would have to participate in compulsory social insurance if they possess work permits, practice certificates or practice licenses granted by Vietnamese competent authorities.
Laws on Credit Institutions and Planning to be revised Laws on Credit Institutions and Planning to be revised
The Government has assigned the State Bank of Vietnam to finalize a draft resolution on the settlement of non-performing loans and a draft law amending and supplementing a number of articles of the Law on Credit Institutions and relevant laws.
Foreigners to be allowed to carry abroad foreign currencies earned from casinos in Vietnam Foreigners to be allowed to carry abroad foreign currencies earned from casinos in Vietnam
Foreign gamblers at Vietnam-based casinos could carry abroad foreign currency prizes in cash or by bank transfer after having the origin of the prize money amounts certified by licensed banks, says a draft circular designed by the State Bank of Vietnam.
Draft decree offers more benefits to strategic investors in SOEs Draft decree offers more benefits to strategic investors in SOEs
Strategic investors would be allowed to sell their shares in state-owned enterprises within three years after such SOEs are equitized.
A more focus on intellectual property from the new Civil Code and intellectual property law system A more focus on intellectual property from the new Civil Code and intellectual property law system
Vietnam has so far had three Civil Codes of 1995, 2005 and 2015 since January 4, 1995, when the Vietnamese Government filed a formal request for accession to the World Trade Organization (WTO). Each of these Civil Codes presents an interestingly different point of view on intellectual property (IP) in relation to the national system of IP rights protection, as briefly depicted below.
Poor farmers to get financial support when joining agriculture insurance Poor farmers to get financial support when joining agriculture insurance
Agricultural households would receive a financial support to participate in agriculture insurance, according to a draft decree recently revealed by the Ministry of Finance.
Draft law aims at better aquatic resource protection Draft law aims at better aquatic resource protection
The Ministry of Agriculture and Rural Development recently introduced a draft law on fisheries, adding provisions on protection of aquatic resources in the context of scarcity and environmental pollution seriously affecting the habitat of natural and cultivated aquatic species.
Provincial department merger faces hurdles Provincial department merger faces hurdles
Some provincial departments might be merged in keeping with the Government’s commitment to streamline its notoriously clunky and bloated bureaucracy, according to a new draft resolution circulated by the Ministry of Home Affairs.
Several conditions on gas trading to be removed Several conditions on gas trading to be removed
The Ministry of Industry and Trade recently revealed a draft decree to replace Decree No. 19 issued in 2016, in an attempt to abolishing a number of conditions which gas traders must meet in order to encourage small- and medium-sized enterprises to enter the gas trading market, especially liquefied petroleum gas market.

Video

Vietnam Law & Legal Forum