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Official Gazette

Wednesday, December 12, 2018
Tags: revision
Important legislation passed as National Assembly concludes Important legislation passed as National Assembly concludes
Vietnam’s parliament had worked in a “democratic, responsible and serious” manner and accomplished many important tasks, NA Chairwoman Nguyen Thi Kim Ngan said.
Retirement age may go up due to trade deals Retirement age may go up due to trade deals
The retirement age for male and female workers could increase from 60 and 55 at present to 62 and 60 respectively from 2021, according to the Ministry of Labor, Invalids and Social Affairs (MOLISA).
Vietnam seeks FDI in new technology-based sectors Vietnam seeks FDI in new technology-based sectors
With around USD 184 billion disbursed over the past 30 years since the enactment of the Law on Investment in 1987, the inflow of foreign direct investment has significantly contributed to the country’s total social investment capital.
Legal reform needed for streamlining the state apparatus Legal reform needed for streamlining the state apparatus
Vietnam Law and Legal Forum would like to introduce the article by the NA Chairman Nguyen Thi Kim Ngan which suggests specific solutions for improving the legal system on the organization of the state apparatus in the spirit of Resolution No. 18-NQ/TW on continued renovation and rearrangement of the apparatus of the political system and Resolution No. 19-NQ/TW on continued renovation of the organizational system and improvement of the quality and efficiency of public non-business units.
New Competition Law: transformation from per se to rule of reason approach New Competition Law: transformation from per se to rule of reason approach
The Competition Law that came into force on July 1, 2005, was the very first important milestone in the process of creating a legal framework for fair competition in Vietnam. Unfortunately, both domestic and international business environments have been changing significantly since the promulgation of the Law in 2004. There is strong demand for Vietnamese companies to participate deeply in new global value chains. The 4th Industrial Revolution has facilitated the emergence of new business models that the current Competition Law fails to regulate. Those business modes have changed the market structure and directly affected competition. Therefore, comprehensive revision of the 2004 Competition Law is practically necessary to not only overcome its limitations and shortcomings but also take full advantage of opportunities of economic integration as well as the 4th Industrial Revolution.
Nine solutions for a sustainable securities market Nine solutions for a sustainable securities market
Since its founding 22 years ago, Vietnam’s securities market has significantly grown and constantly improved its structure as an important capital raising channel of the economy, contributing to improving the market economy institution and promoting international integration.
Laws and law enforcement on bribery of foreign public officials: international practices and applications for Vietnam Laws and law enforcement on bribery of foreign public officials: international practices and applications for Vietnam
Vietnam has increasingly been taking part in economic integration and globalization. In such a context, there is an emerging trend of investment by domestic investors in other countries, which may create risks of bribery of foreign public officials or international organizations to obtain commercial advantages in international investments.
Ministry proposes merger of provincial departments Ministry proposes merger of provincial departments
Many provincial departments could be consolidated or merged in keeping with the Government’s determination to streamline the administrative apparatus, according to a draft decree unveiled this month by the Ministry of Home Affairs (MOHA).
Official Gazette issues Nos 11-12/2018 released on April 24 2018 Official Gazette issues Nos 11-12/2018, released on April 24, 2018
Vietnamese women still face numerous barriers to employment Vietnamese women still face numerous barriers to employment
Around 72 percent of Vietnamese women have joined the workforce, bringing the country to the group of nations with highest percentages of women in the labor pool. Despite their great contributions to the national economy, women still face numerous barriers to employment equality.

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