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Official Gazette

Saturday, November 23, 2019
Tags: smuggling
Corporate liability for offenses against the economic management order in Vietnam Corporate liability for offenses against the economic management order in Vietnam
The 2015 Penal Code (revised in 2017) (the Code) is Vietnam’s first and only code that holds commercial legal persons criminally liable for committing criminal acts. This is a breakthrough in the country’s criminal justice policy and leads to a substantial change in the general perception about crime and punishment. It also applies various penalties to commercial legal persons found liable for crimes[1], including three principal penalties (fine, suspension from operation, and termination of operation), three additional penalties (prohibition from doing business or operating in certain areas, prohibition from raising capital, and fine, when not imposed as a principal penalty), and five judicial measures (confiscation of objects and money directly related to the crime; return of property, redress of or compensation for damage; coerced public apology; coerced restoration to the original state; and coerced application of measures to redress and prevent further consequences).
Deputy PM wants to increase value of Vietnamese brands Deputy PM wants to increase value of Vietnamese brands
Deputy Prime Minister Vuong Dinh Hue has asked the Ministry of Industry and Trade and relevant departments to join hands to increase the value of Vietnamese brands to make inroads into international markets.
Enlightening the shadow economy: why and how Enlightening the shadow economy: why and how
Prime Minister Nguyen Xuan Phuc has recently signed a scheme on measuring non-observed economic activities, with a view to drawing a clearer and more comprehensive picture of the national economy.
Vietnam Laos Cambodia boost anti-drug cooperation Vietnam, Laos, Cambodia boost anti-drug cooperation
The 17th trilateral-bilateral ministerial meeting on drug control cooperation between Vietnam, Laos, and Cambodia took place in Vientiane on December 6.
Personal liability and corporate liability under new Penal Code Personal liability and corporate liability under new Penal Code
On June 20, 2017, the National Assembly passed the revised Penal Code. It became effective on January 1, 2018. Several significant changes have occurred. Several acts, previously criminal, are no longer punishable. On the other hand, several previously innocent acts have been criminalized. One very large change is that an enterprise-not just an individual-may now be guilty of a crime1.
Corporate penal liability in Vietnam Corporate penal liability in Vietnam
The 2015 Penal Code marks a great progress in the country’s criminal justice by holding commercial legal entities liable for their criminal acts. Its novel provisions create a legal basis for the fight against criminal acts committed by commercial legal entities in recent years as well as for international cooperation on combating crime, especially transnational organized crime.
Party sets industrial development goals for 2030 Party sets industrial development goals for 2030
By 2030, Vietnam will accomplish its industrialization and modernization, basically becoming a modernity-oriented industrialized country among the top three ASEAN countries in industry, with some of its industries being globally competitive and deeply participating in the global value chain.
Sugar industry development plan nodded Sugar industry development plan nodded
Vietnam will keep its sugarcane growing area stable at 300,000 hectares until 2030 in parallel with increasing sugar output and quality.
Hanoi vows to sweep away dirty farm products Hanoi vows to sweep away dirty farm products
In an effort to ensure consumer health, the Hanoi People’s Committee on January 3 issued a plan to launch a pilot program on using technology to trace the origins of agricultural products.
New legal mechanism to boost fight against customs-related crimes New legal mechanism to boost fight against customs-related crimes
Some new laws concerning the fight against crimes in the customs sector will take effect next year. This article introduces the provisions of these laws, highlighting the competence and duties of customs authorities.

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