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Official Gazette

Wednesday, February 26, 2020
Tags: recovery
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.
House ownership by overseas Vietnamese House ownership by overseas Vietnamese
Under the 2014 Housing Law, houses are recognized as private property and are not subject to the state management. The Vietnamese State protects the right to housing and lawful house ownership of house owners. Only in case of necessity, may the State decide on compulsory purchase, requisition, preemptive purchase or demolition of houses, provided compensations are paid and resettlement is provided to lawful owners of such houses under Articles 4 and 5 of the Housing Law.
Legislation on house ownership by foreigners: inadequacies and recommendations for improvement Legislation on house ownership by foreigners: inadequacies and recommendations for improvement
The 2014 Housing Law has new provisions for foreigners to own homes in Vietnam, making a breakthrough in attracting foreigners to work and live in the country. However, the applied term of house ownership for foreigners produces some negative effects that the law fails to anticipate. This article points out inadequacies in the regime of Vietnam-based house ownership by foreigners and gives recommendations for improvement.
Legislature sittings agenda to focus on lawmaking Legislature sitting’s agenda to focus on lawmaking
The seventh session of the 14th National Assembly (NA) will spend 12 days for lawmaking work with expected passage of seven laws and two resolutions, along with discussion of nine bills, NA Chairwoman Nguyen Thi Kim Ngan said on May 20 at the opening meeting of the session.
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.
Residential land use rights for foreigners in Vietnam Residential land use rights for foreigners in Vietnam
Under the 2013 Land Law, all land areas used by households and individuals for the residential purpose are regarded as land for stable and long-term use and subject to no given use term. Therefore, individuals or households that are named in land use rights certificates have full discretion to use and dispose of their residential land areas without any temporal limitations.
Toward a more effective financial disclosure system in Vietnam: a discussion on the draft revised Law on Anti-Corruption Toward a more effective financial disclosure system in Vietnam: a discussion on the draft revised Law on Anti-Corruption
While an effective financial disclosure system requiring politicians and public officials to report on their assets and incomes can help detect and prevent corrupt practices, it can also help build public confidence and trust in the integrity of politicians and the public service.
National Assembly to pass eight laws at fifth session National Assembly to pass eight laws at fifth session
The fifth session of the 14th National Assembly opened in Hanoi on May 21, with eight laws expected to be passed during the event that will last for 20 working days to mid-June.
Building a law on cyber security: a must in the current situation Building a law on cyber security: a must in the current situation
The draft Law on Cyber Security, which is scheduled to be passed by the 14th National Assembly at its ongoing session, contains some new provisions which raise several public concerns. Vietnam Law and Legal Forum talks with Lieutenant General Hoang Phuoc Thuan, Director of the Cyber Security Department of the Ministry of Public Security, about some controversial issues governed by the draft law.
Notable changes in the new Penal Code at a glance Notable changes in the new Penal Code at a glance
This article summarizes significant changes in the 2015 Penal Code and its revisions in 2017, including penalizing commercial legal persons for committing certain crimes, scrapping the crime of illegally doing business, and criminally charging corruption-related offenders in the private sector.

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