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Official Gazette

Wednesday, October 18, 2017
Tags: foreign loans
Tightened control over on-lent ODA and concessional loans for localities Tightened control over on-lent ODA and concessional loans for localities
The Prime Minister has recently requested local authorities to use foreign loans for development investment projects only, not for payment of local regular expenses, under Directive 37/CT-TTg.
Party rolls out drastic measures to raise SOE efficiency Party rolls out drastic measures to raise SOE efficiency
The 12th Central Committee of the Communist Party of Vietnam on June 3 issued Resolution 12 on continued restructuring, renewal and raising of the efficiency of state-owned enterprises. This article contains the principal contents of the Resolution.
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.
Official Gazette issues Nos 1-3 April 2017 coming out on June 27 2017 Official Gazette issues Nos 1-3 April 2017, coming out on June 27, 2017
Decree No. No. 32/2017/ND-CP Decree No. No. 32/2017/ND-CP
On state investment credit
NA Standing Committee debates anonymous denunciations NA Standing Committee debates anonymous denunciations
Presenting the revised draft Law on Denunciations at the eighth session of the National Assembly Standing Committee, which began on March 14, Government Chief Inspector Phan Van Sau said the 2011 Law on Denunciations needs amendments because of its shortcomings concerning jurisdiction, settlement of denunciations, and reaching conclusions in denunciation cases.
Circular No. 55/2016/TT-BTC of March 23 2016 Circular No. 55/2016/TT-BTC of March 23, 2016
Providing a number of contents on financial management of investment projects in the form of public-private partnership and investor selection expenses
Amended Law on Treaties: a more effective tool for integration process Amended Law on Treaties: a more effective tool for integration process
With effect from July, the amended Law on Treaties consisting of 84 articles will replace the 2005 Law on Conclusion of, Accession to and Implementation of Treaties. The Law not only addresses inadequacies in the 2005 Law and but also concretizes the provisions of the 2013 Constitution concerning treaties.
Enterprises borrowing of foreign loans and payment of foreign debts to be strictly managed Enterprises’ borrowing of foreign loans and payment of foreign debts to be strictly managed
From April 15, information and data on enterprises’ borrowing of foreign loans and payment of foreign debts without government guarantee will be managed by the State Bank of Vietnam (SBV) at a website accessible via either www.sbv.gov.vn or www.qlnh.sbv.cic.org.vn.
No more governmental guarantee for groups with financial difficulties No more governmental guarantee for groups with financial difficulties
The Prime Minister has recently nodded the Finance Ministry’s proposal to stop granting the governmental guarantee to groups or corporations that have financial difficulties, owe debts to the Accumulative Fund or are having their foreign loans on-lent by the Government or government-guaranteed loans settled.

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