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Official Gazette

Thursday, September 21, 2017
Tags: drafting
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.
Directive No. 26/CT-TTg Directive No. 26/CT-TTg
On further effectively implementing Resolution No. 35/NQ-CP of May 16, 2016, in the spirit of the Government siding with businesses
Unified management of public debts needed: NA leader Unified management of public debts needed: NA leader
The National Assembly Committee on Financial and Budgetary Affairs should reach agreement with the Ministry of Finance on the sole focal point in public debt management, said NA Chairwoman Nguyen Thi Kim Ngan at the 13th session of the NA Standing Committee that closed on August 18.
Government announces state monopoly over 20 goods services Government announces state monopoly over 20 goods, services
The Government on August 7 issued a decree on state monopoly over 20 groups of goods and services, including goods and services for national defense and security, production of gold bars, and import of cigarettes and cigars.
Legal requirements for information disclosure and transparency in the equitization of SOEs Legal requirements for information disclosure and transparency in the equitization of SOEs
According to a government report, during 2011-15, 508 SOEs were equitized. The speed of equitizing big SOEs has been recognized to increase significantly over the past five years. As of October 2016, there remained 718 companies in which the State held 100% of charter capital. For the period from 2016 to 2020, the Government has identified enterprises where the State holds 100% of capital and dominant shares, including those operating in key industries, important geographical areas, and security and defense fields, applying high technologies, requiring large-scale investment and creating socio-economic impetus that lack investment from other sources.
Court precedents in Vietnam: a view from the building of the 2015 Civil Code Court precedents in Vietnam: a view from the building of the 2015 Civil Code
Vietnam’s legislative work has entered a new development period with a focus on recognizing, respecting, protecting and guaranteeing human rights and citizens’ rights and implementing the judicial reform strategy, especially upholding the role of people’s courts in safeguarding justice and exercising the judicial power.
Twenty-eight decrees to be issued revised in the coming time Twenty-eight decrees to be issued, revised in the coming time
A mass of legal documents on land, construction, housing, and investment and business will be issued or revised in the last months of this year or first quarter of next year as announced in the list attached to Prime Minister Decision 1078/QD-TTg of July 25.
New Tourism Law aims to better ensure tourists interests New Tourism Law aims to better ensure tourists’ interests
Deputy Director of the Vietnam National Administration of Tourism Nguyen Thi Thanh Huong talks with To Quoc (Fatherland) newswire about new provisions of the Tourism Law, which is expected to create a breakthrough in tourism development in the time to come.
Usufruct helps protect the disadvantaged in civil relations Usufruct helps protect the disadvantaged in civil relations
Usufruct is a right newly added to the 2015 Civil Code. Along with easement (servitude) and the right of superficies, usufruct is placed in the group of other rights over property. The connotation of usufruct defined in the Code is basically similar to that provided in other civil codes in the world. By legal nature, usufruct is a type of real rights over others’ property for a specified period.
Legal framework on anti-corruption responsibility of businesses in Vietnam Legal framework on anti-corruption responsibility of businesses in Vietnam
Over the past few years, enterprises have not only been the “victims” of corruption, power abuse and harassment caused by persons with higher positions and/or power, but also the “cause” of corruption. Many enterprises seek to give bribes to public cadres and civil servants in order to obtain certain business or profit making advantages.

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