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Official Gazette

Monday, October 23, 2017
Tags: loans
New Railway Law New Railway Law
Coming into force from July next year, the 2017 Railway Law, passed by the National Assembly in June, prescribes railway infrastructure planning, investment, construction, protection, management, maintenance and development. It also stipulates railway industry and railway business.
Party Central Committee wraps up sixth plenum Party Central Committee wraps up sixth plenum
The 12th Party Central Committee wrapped up its sixth plenum in Hanoi on October 11 after seven working days in a serious, democratic and responsible manner.
Government gets tough on BOT projects Government gets tough on BOT projects
The Government has ordered strict handling of violations in the implementation of Build-Operate-Transfer transport projects amid public rage over unreasonable toll booths and high fees.
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.
Decision No. 1191/QD-TTg of August 14 2017 Decision No. 1191/QD-TTg of August 14, 2017
approving the bond market development roadmap during 2017-2020, with a vision toward 2030
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.
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.
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.
Directive No. 26/CT-TTg of June 6 2017 Directive No. 26/CT-TTg of June 6, 2017
On further effectively implementing Resolution No. 35/NQ-CP of May 16, 2016, in the spirit of the Government siding with businesses
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.

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