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Official Gazette

Tuesday, January 23, 2018
Tags: state bank
Vietnam unveils new non-performing loan toolkit Vietnam unveils new non-performing loan toolkit
As high non-performing loan (NPL) levels affect many credit institutions, particularly financially weak banks, authorities should step in to lead the system-wide response. This article dwells on major solutions to NPLs set forth in a recently approved scheme on banking system restructuring and NPL resolution.
New regulations on interest: a view from credit extension practice New regulations on interest: a view from credit extension practice
The State Bank of Vietnam (SBV) has recently issued some new regulations guiding lending activity of credit institutions and branches of foreign banks (credit institutions). These regulations have a significant effect on lending activity of credit institutions. Enacted to address the limitations of the precedent regulations, they also have some unclear points which might limit their effect. This article analyzes regulatory issues relevant to interests on loans of credit institutions.
Top 10 legal documents in 2017 Top 10 legal documents in 2017
These include the Planning Law, the Law on Technology Transfer, the Law on Foreign Trade Management and Decree 03/2017/ND-CP on casino business, among others.
Banks asked to further develop mobile payment Banks asked to further develop mobile payment
By 2020, at least 300,000 point-of-sale machines will be installed with the number of transactions reaching around 200 million per year.
Official Gazette issues Nos 9-12 July 2017 issued on November 3 2017 Official Gazette issues Nos 9-12 July 2017, issued on November 3, 2017
Social network management in the coming time Social network management in the coming time
The current number of social network users in Vietnam is estimated at about 35 million, accounting for 37 percent of the entire population, with the average daily time they spend on social networks reaching two hours and 18 minutes. Besides their positive aspects, social networks pose not a few challenges directly affecting the social environment and community interests, even national security. Therefore, seeking appropriate solutions to managing social networks in the new situation which conform with international practices and suit the particular conditions of Vietnam, thus turning challenges into opportunities, is one of the top priorities of the country today.
Draft law to deal with banks under special control Draft law to deal with banks under special control
The State Bank of Vietnam is gathering comments on a draft law revising the 2010 Law on Credit Institutions, which includes many provisions on special control.
Decision No. 1191/QD-TTg of August 14 2017 Decision No. 1191/QD-TTg of August 14, 2017
approving the bond market development roadmap during 2017-2020, with a vision toward 2030
Legal framework for management of cryptocurrency takes shape Legal framework for management of cryptocurrency takes shape
The PM has okayed a scheme on creation of a legal framework for management and handling of cryptocurrency and virtual property.
Directive No. 26/CT-TTg of June 6 2017 Directive No. 26/CT-TTg of June 6, 2017
On further effectively implementing Resolution No. 35/NQ-CP of May 16, 2016, in the spirit of the Government siding with businesses

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