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Official Gazette

Tuesday, July 23, 2019
Tags: imposition
Asia-Pacific moving towards ratification of the Treaty on the Prohibition of Nuclear Weapons Asia-Pacific moving towards ratification of the Treaty on the Prohibition of Nuclear Weapons
The new Treaty on Prohibition of Nuclear Weapons opened for signature on September 20, 2017, and will enter into force in 90 days after getting 50 instruments of ratification. After one year, 19 ratification instruments were deposited, near one third of them from Asia-Pacific countries (including Thailand, Palau, Vietnam, New Zealand, Cook Island and Samoa). This fact shows that Asia-Pacific is in the forward position to totally eliminate nuclear weapons in the world for the peace, security and human being. How to move forward the process of ratification of the TPNW? It’s is a big question before the International Committee of the Red Cross, other organizations and civil society to build a strategy to assist governments in achieving the final goal.
Government makes strides in reducing business conditions Government makes strides in reducing business conditions
The first half of 2018 saw great efforts of the Vietnamese Government in realizing its commitments to building market economy institutions in the country, especially removing legal hurdles for businesses. There have emerged some positive, significant “institutional reform” trends which are highlighted below.
Corporate penal liability in Vietnam Corporate penal liability in Vietnam
The 2015 Penal Code marks a great progress in the country’s criminal justice by holding commercial legal entities liable for their criminal acts. Its novel provisions create a legal basis for the fight against criminal acts committed by commercial legal entities in recent years as well as for international cooperation on combating crime, especially transnational organized crime.
Notable changes in the new Penal Code at a glance Notable changes in the new Penal Code at a glance
This article summarizes significant changes in the 2015 Penal Code and its revisions in 2017, including penalizing commercial legal persons for committing certain crimes, scrapping the crime of illegally doing business, and criminally charging corruption-related offenders in the private sector.
Vietnams competition policy: current problems and proposed solutions Vietnam’s competition policy: current problems and proposed solutions
The past 30 years of renewal sees Vietnam liberalizes and expands its domestic market while step by step integrating into the world economy. As a result, different types of markets in the economy have increasingly developed and improved.
MoIT slashes 675 business and investment conditions MoIT slashes 675 business and investment conditions
The Ministry of Industry and Trade (MoIT) on September 20 decided to remove 675 out of 1,216 business and investment conditions under its management during 2017-18.
Guarantee of human rights under the new Penal Code Guarantee of human rights under the new Penal Code
Under the recent universal periodic review, the United Nations Human Rights Council has appreciated the achievements recorded by Vietnam in realizing its commitments on human rights. It has also made hundreds of recommendations for Vietnam to better protect and guarantee human rights, 182 of which are accepted by the country. In criminal justice, 17 recommendations of the UNHRC are directly related to the formulation and revision of the 2015 Penal Code.
Finance Ministry proposal to tax transfer of land use rights receives negative response Finance Ministry proposal to tax transfer of land use rights receives negative response
The Ministry of Finance has recently proposed the imposition of value-added tax on the transfer of land use rights under the revised Law on Value-Added Tax.
Proposals to build Real Estate Tax Law articulated Proposals to build Real Estate Tax Law articulated
“It is unreasonable if the Real Estate Tax Law is built without making any changes in the land use levy collection mechanism and policy”, said Chairman Le Hoang Chau of the Ho Chi Minh City Real Estate Association.
Excise tax exemption proposed for locally made automobile parts Excise tax exemption proposed for locally made automobile parts
The Ministry of Industry and Trade has proposed non-imposition of excise tax on locally made auto parts in order to bring the prices of cars, especially assembled ones, more accessible to customers.

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