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Official Gazette

Tuesday, February 18, 2020
Tags: money
Vietnam reaches for prosperity Vietnam reaches for prosperity
General Secretary of the Communist Party of Vietnam and President Nguyen Phu Trong shares his thoughts with the Vietnam News Agency on the efforts the Party and Vietnamese people have made to bring the country to where it is today.
Birthdays of Nung Phan Slinh old people Birthdays of Nung Phan Slinh old people
The Nung Phan Slinh is one of three main subgroups of the Nung, an ethnic minority group of the Tay-Thai language living mostly in the northern mountainous provinces of Lang Son, Bac Giang and Cao Bang. The group’s customs of celebrating birthdays for elderly people not only show their filial piety but also reflect their spiritual life and more or less reveal information about their history and culture.
Security over deposits Security over deposits
In practice, deposits at banks are used as security a great deal. However, the legal framework applicable to that kind of property remains unclear. This article tries to give an overview of the applicable provisions regarding security over deposits and to suggest how to properly construe and improve them.
Businesses must entirely use e-invoices from late 2020 Businesses must entirely use e-invoices from late 2020
One year after the release of Government Decree 119 of 2018 on e-invoices in goods sale and service provision, the Ministry of Finance on September 30 issued a circular providing more detailed guidelines on this matter.
NA approves the development plan for next year targeting 6.8 percent GDP growth NA approves the development plan for next year, targeting 6.8 percent GDP growth
The 14th National Assembly on November 11 adopted the Resolution on the socio-economic development plan for 2020, striving for 6.8 percent GDP growth rate and higher national competitiveness.
First-ever regulations on e-money to be issued First-ever regulations on e-money to be issued
The State Bank of Vietnam (SBV) is working on a draft decree to revise Decree 101 of 2012 on non-cash payment, introducing for the first time regulations on e-money.
Fundraising through new channels - opportunities and legal challenges Fundraising through new channels - opportunities and legal challenges
The Fourth Industrial Revolution helps create new products and services as well as business models in an open atmosphere without any distance between the reality and cyber space. However, Vietnam’s existing legal framework still fails to meet the demand for realizing these products, services and models. It is not yet mature for the application of novel forms of raising funds from angel investors or venture investment funds. So far, there is no legal corridor for innovative startups, particularly fintech ones. This article introduces new fundraising channels and their legal challenges and puts forward recommendations for formulating a regulatory sandbox applicable to these channels.
Condotel property market in urgent need of new regulations standards Condotel property market in urgent need of new regulations, standards
A legal framework covering condotel properties is urgently needed to protect the rights of both developers and buyers and to ensure sustainable development.
Notes to intellectual property in mergers and acquisitions Notes to intellectual property in mergers and acquisitions
Merger and acquisition (M&A) activities aim at taking control of a company through a merger or acquisition deal between two or more businesses to partially or wholly own that company. Typically, M&A activities evaluate most of the target company’s assets which include intellectual property rights. M&A has become familiar and popular with the Vietnamese business community over the last decade.
Anti-money laundering regulations to be revised Anti-money laundering regulations to be revised
Payment intermediary service providers would have to apply measures to prevent and combat money laundering as financial institutions do. Such is provided in a draft decree prepared by the State Bank of Vietnam to revise several articles of Decree 116 of 2013.

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