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Official Gazette

Wednesday, March 20, 2019
Tags: loans
Science and technology enterprises offered with more incentives Science and technology enterprises offered with more incentives
Science and technology enterprises will be soon provided with a raft of attractive tax, credit and land incentives, following a decree recently issued by the Government.
Official Gazette issues Nos 112-115/2018 published on January 11 2019 Official Gazette issues Nos 112-115/2018, published on January 11, 2019
Enhance accountability for SOEs: PM Enhance accountability for SOEs: PM
Prime Minister Nguyen Xuan Phuc asked accountability to be enhanced in the restructuring and divestment of State-owned enterprises to improve the efficiency of the process.
Foreign currency lending extended into 2019 Foreign currency lending extended into 2019
The State Bank of Vietnam has recently issued a circular to allow credit institutions and foreign bank branches to extend loans in foreign currencies to some borrowers in 2019, rather than cutting them off at the end of last year as planned.
Draft Securities Law proposes expanding foreign holding cap Draft Securities Law proposes expanding foreign holding cap
The Ministry of Finance has recently held a series of conferences to collect opinions from legal experts and stakeholders on the draft Securities Law, focusing on such issues as conditions for acquiring public company status and foreign holding cap in public companies, public offering and private placement of stocks and bonds, powers of the State Securities Commission, and organizational and operational model of Stock Exchanges.
Top 10 legal documents in 2018 Top 10 legal documents in 2018
Selected by Vietnam Law and Legal Forum magazine, these include the Law on Cyber Security, the Anti-Corruption Law, guiding texts of the Law on Foreign Trade Management, Government Decree 86/2018/ND-CP on foreign cooperation and investment in education, among others.
Official Gazette issues Nos 104-108/2018 available on December 3 2018 Official Gazette issues Nos 104-108/2018, available on December 3, 2018
Official Gazette issues Nos 101-103/2018 released on November 26 2018 Official Gazette issues Nos 101-103/2018, released on November 26, 2018
PM calls on SMBC to expand investment in Vietnam PM calls on SMBC to expand investment in Vietnam
Prime Minister Nguyen Xuan Phuc suggested Sumitomo Mitsui Banking Corporation (SMBC) further expand its investment in Vietnam during a reception in Hanoi on November 22 for President of Sumitomo Mitsui Financial Group (SMFG) and SMBC President Koichi Miyata.
Collateral foreclosure under resolution on pilot settlement of non-performing loans Collateral foreclosure under resolution on pilot settlement of non-performing loans
Since the National Assembly’s Resolution 42/2017/QH14 on the pilot settlement of bad debts of credit institutions was adopted on June 21, 2017, the bad debt settlement, particularly collateral foreclosure[1], by credit institutions and foreign bank branches in the country has seen some improvements. Aimed at addressing inadequacies of the precedent regulations on disposal of collaterals of bad debts, this Resolution itself contains some ambiguous points that need to be clarified.

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