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Official Gazette

Thursday, September 21, 2017
Tags: manufacture
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.
Quang Nam province: the essence of central Vietnam Quang Nam province: the essence of central Vietnam
Quang Nam province is the only locality in the country having two sites recognized by UNESCO as the world cultural heritage sites - Hoi An ancient town and My Son sanctuary. With a diverse eco-system and ancient cultural and historical sites, Cu Lao Cham (Cham island) in Hoi An city was recognized as a World Biosphere Reserve by UNESCO in May 2009.
Legal loopholes in handling trademark infringements in Vietnam Legal loopholes in handling trademark infringements in Vietnam
Intellectual property infringements in Vietnam, including infringements upon well-known trademarks, have prevalently occurred with subtle tricks and are considerably difficult to control. These have caused damage not only to businesses but also to customers.

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