The State Bank of Vietnam has publicized a draft circular that would adjust existing regulations managing gold trading, Thoi Bao Kinh Te Viet Nam (Vietnam Economic Times) newspaper reported.

In order to have legal grounds to prevent and properly punish increasingly sophisticated crimes related to information technology and telecommunications (ITT) networks, which could cause very serious consequences to socio-economic activities, national defense and security, ITT-related criminal acts need to be prescribed in the Penal Code as well as specialized laws[1]. In the 2015 Penal Code (revised in 2017) (the Code), these acts are grouped into nine crimes in Section 2 of Chapter XXI[2].

The State would hold monopoly in mobilizing gold from organizations and individuals and via-account gold trading.

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.

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.

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.