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Official Gazette

Wednesday, November 20, 2019
Tags: extraction
Official Gazette issues Nos 07-09/2019 published on May 04 2019 Official Gazette issues Nos 07-09/2019, published on May 04, 2019
Personal liability and corporate liability under new Penal Code Personal liability and corporate liability under new Penal Code
On June 20, 2017, the National Assembly passed the revised Penal Code. It became effective on January 1, 2018. Several significant changes have occurred. Several acts, previously criminal, are no longer punishable. On the other hand, several previously innocent acts have been criminalized. One very large change is that an enterprise-not just an individual-may now be guilty of a crime1.
Stricter rules for mineral management and mining Stricter rules for mineral management and mining
Experts proposed to revise a number of provisions of the Mineral Law for stricter and more effective management of mineral activities, heard a recent workshop in Hanoi.
Quang Nam province: the essence of central Vietnam Quang Nam province: the essence of central Vietnam
Quang Nam province is the only locality in the country having two sites recognized by UNESCO as the world cultural heritage sites - Hoi An ancient town and My Son sanctuary. With a diverse eco-system and ancient cultural and historical sites, Cu Lao Cham (Cham island) in Hoi An city was recognized as a World Biosphere Reserve by UNESCO in May 2009.
Circular No. 21/2016/TT-BNNPTNT Circular No. 21/2016/TT-BNNPTNT
Providing the harvest, extraction and salvage of forest products
Official Gazette issues Nos 10-12 June 2016 released on September 12 2016 Official Gazette issues Nos 10-12 June 2016, released on September 12, 2016
Brave new world:   Taxing e-commerce transactions in Vietnam  Brave new world: Taxing e-commerce transactions in Vietnam
Last year, Facebook and Google came under fire for allegation that their online advertising arms, while profiting in millions of US dollars from the Vietnamese market, had evaded tax obligations with the Vietnamese state[1]. The claim was after all unfounded[2] but it did raise some interesting questions about the state’s ability to tax in a new world where the internet plays an increasingly important role in promoting business while traditional brick-and-mortar model, i.e., physical shops and stores, are in many cases rendered redundant. [1] “Facebook’s, Google’s agents suspected of evading tax in Vietnam”, VietNamNet Bridge, 9 March 2012, retrievable at http://english.vietnamnet.vn/fms/business/19568/facebook-s--google-s-agents-suspected-of-evading-tax-in-vietnam.html [2] “Google and Facebook did not evade tax in Vietnam” [Vietnamese], ICT News, 10 April 2012, retrievable at http://www.ictnews.vn/home/Internet/77/Google-Facebook-khong-tron-thue-tai-Viet-Nam/101814/index.ict
Vietnam needs a long-term strategy for mining industry Vietnam needs a long-term strategy for mining industry
The Fraser Institute, a Canadian leading public policy think tank, released early this year a report on the results of its 2012-2013 annual survey of mining companies. According to the survey, which represents responses from 742 largest mining companies worldwide, Vietnam is ranked 95th among 96 mining investment destinations globally, just above Indonesia, a significant drop from the country’s 55th place in 2011.
CIRCULAR No. 39/2012/TT-BCT OF DECEMBER 20 2012: Detailing a number of articles of the Governments Decree No. 94/2012/ND-CP of November 12 2012 on liquor production and trading CIRCULAR No. 39/2012/TT-BCT OF DECEMBER 20, 2012: Detailing a number of articles of the Government’s Decree No. 94/2012/ND-CP of November 12, 2012, on liquor production and trading
New regulations in effect New regulations in effect
Foreign investors other than securities market participants may purchase capital contributions of members of limited liability companies or contribute capital to these companies in order to become their new members, or do so with one-member companies limited to transform them into ones with two or more members or with private enterprises to transform them into limited liability companies.