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Official Gazette

Wednesday, November 22, 2017
Tags: manufacture
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.
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.
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.
PM asks for lifting business fees PM asks for lifting business fees
Administrative procedures in many ministries, sectors and localities remain complex, causing difficulties for enterprises, said Prime Minister Nguyen Xuan Phuc at the monthly Government meeting on August 30.
Government announces state monopoly over 20 goods services Government announces state monopoly over 20 goods, services
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.
Official Gazette issues Nos 4-8 April 2017 released on July 10 2017 Official Gazette issues Nos 4-8 April 2017, released on July 10, 2017
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.
Party resolves to refine market economy institutions Party resolves to refine market economy institutions
The 12th Central Committee of the Communist Party of Vietnam on June 3 issued Resolution 11 of its fifth plenary meeting on completing the institutions of the socialist-oriented market economy, setting objectives for 2030 as well as solutions to achieving these objectives. Following are the principal contents of the Resolution.
Decree No. No. 32/2017/ND-CP Decree No. No. 32/2017/ND-CP
On state investment credit
Conditions for automobile manufacturing assembly import to be specified Conditions for automobile manufacturing, assembly, import to be specified
Automobile importers would no longer be required to have a genuine power of attorney for distributing cars in Vietnam.

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