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Official Gazette

Sunday, March 29, 2020
Tags: reduce
How will the EVFTA contribute to more transparency? How will the EVFTA contribute to more transparency?
This article looks at the EU-Vietnam Free Trade Agreement (EVFTA), recently ratified by the EU Parliament, from the angle of transparency. Reviewing the road from WTO’s limited use of measures to improve transparency and reduce bribery in international trade to new generation FTAs, the paper examines headways made in mainstreaming transparency in practically all chapters of the trade agreement.
PM requests stable production activities PM requests stable production activities
Prime Minister Nguyen Xuan Phuc has requested sectors and businesses to make sure production activities continue as normal, despite the outbreak of SARS-CoV-2.
Financing projects in industrial zones: a view from practice Financing projects in industrial zones: a view from practice
Industrial zones have become a popular investment destination for foreign businesses. It is common now in practice to finance projects carried out in industrial zones and/or to take security over real estate located in those industrial zones. However, since the legal framework on lease of land in industrial zones remains complicated and has its limitations, such financing may turn risky for credit institutions in certain circumstances and at some stages. This article tries to present some legal aspects of extension of credit secured by real estate in industrial zones and suggest how to manage legal risks for credit institutions.
Construction Ministry to cut time for construction permits Construction Ministry to cut time for construction permits
The Ministry of Construction has proposed to shorten the time for grant of construction permits for construction investment projects from the current 30 days to 20 days, regardless of the projects’ type and scale. In the meantime, the time limit for granting permits for separate houses would remain 15 days.
Requirements for the public administration in the context of the Fourth Industrial Revolution Requirements for the public administration in the context of the Fourth Industrial Revolution
The Fourth Industrial Revolution (4IR) affects many areas of social life, including public administration. It can govern, change the content of requirements and principles of public administration and also impose some completely new requirements and principles. It is, therefore, necessary to fully identify the requirements of public administration in the context of the 4IR for determining appropriate standards and solutions to ensure that the public administration is operated and developed for the target of national development.
Government determines to substantially improve business environment Government determines to substantially improve business environment
In the coming time, Vietnam’s investment and business environment will be substantially improved in a bid to further raise the country’s competitiveness, according to Government Resolution 02 inked by Prime Minister Nguyen Xuan Phuc on the first day of 2020.
Building and improving the legal framework on foreign exchange management Building and improving the legal framework on foreign exchange management
In recent years, especially 2019, the world economy witnessed a series of insecurities. While almost all economies show signs of a slowdown, trade tensions among economic giants, especially the US-China trade war, continued to undergo complicated developments. As a result, the global growth rate in 2019 dropped to the lowest level since the 2008-09 financial crisis. Gold prices spiked and crude oil prices strongly fluctuated, giving rise to risks in the international market and consequently, many countries had to loosen their fiscal and monetary policies.
VN to simplify customs checks VN to simplify customs checks
Vietnam plans to hasten the reform of customs checks to save time and costs for businesses and facilitate trade.
PM orders measures to minimize nCoVs impact on economy PM orders measures to minimize nCoV’s impact on economy
Prime Minister Nguyen Xuan Phuc has urged ministries and localities to promptly implement measures to minimize the impact of the novel coronavirus (nCoV) on the economy.
2020 key for tech start-ups in Vietnam 2020 key for tech start-ups in Vietnam
Like many other Asian countries, Vietnam is racing its regional counterparts to spur economic innovation with artificial intelligence. Experts say voice recognition technology, AI, blockchain and big data will be major trends in 2020.

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