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Official Gazette

Saturday, February 22, 2020
Tags: state budget
Draft decree to boost public employees wages Draft decree to boost public employees' wages
Civil servants, public employees and members of the armed forces are set for a new basic salary, with the highest increase in the past eight years.
The Education Law The Education Law
Passed this June and effective from July next year, the Education Law provides a legal framework for improving the national education system to be open associated with building a learning society.
Supplementary health insurance packages proposed Supplementary health insurance packages proposed
Insured patients could purchase supplementary health insurance packages to cover more medical services than the basic package currently provided. It is highlighted in a draft law prepared by the Ministry of Health to replace the 2008 Law on Health Insurance.
Cross-border services under Law on Tax Administration: fairer for domestic businesses Cross-border services under Law on Tax Administration: fairer for domestic businesses
After 10 years of implementation of the Law on Tax Administration, many positive results have been achieved. However, in addition to these results, there remain difficulties and challenges in tax administration activities, including management of taxation of businesses providing cross-border services on the Internet.
PM lauds information-communications sectors achievements PM lauds information-communications sector’s achievements
Prime Minister Nguyen Xuan Phuc hailed comprehensive progress in the information and communications sector this year during its conference in Hanoi on December 28.
Legislation on environmental protection tax - limitations and solutions for improvement Legislation on environmental protection tax - limitations and solutions for improvement
The 2010 Law on Environmental Protection Tax and guiding documents have provided an important economic instrument in protecting the environment in Vietnam. However, being the first of its kind, this Law still reveals some limitations affecting its effectiveness. This article highlights the loopholes related to the tax bases and proposes solutions for improvement.
Law on Public Investment Law on Public Investment
Consisting of six chapters with 101 articles, the 2019 Law on Public Investment provides the state management of public investment and the management and use of public investment funds. It also defines the rights, obligations and responsibilities of agencies, units, organizations and individuals involved in public investment activities.
NA approves the development plan for next year targeting 6.8 percent GDP growth NA approves the development plan for next year, targeting 6.8 percent GDP growth
The 14th National Assembly on November 11 adopted the Resolution on the socio-economic development plan for 2020, striving for 6.8 percent GDP growth rate and higher national competitiveness.
Assurance of social security in Vietnam: achievements and orientations Assurance of social security in Vietnam: achievements and orientations
Vietnam’s social security model has proved to be preeminent and suitable to the country’s socio-economic conditions as well as its development toward socialism. However, despite undeniable accomplishments, limitations and shortcomings still exist. This article reviews the situation and suggests orientations for development of social security in Vietnam.
Fundraising through new channels - opportunities and legal challenges Fundraising through new channels - opportunities and legal challenges
The Fourth Industrial Revolution helps create new products and services as well as business models in an open atmosphere without any distance between the reality and cyber space. However, Vietnam’s existing legal framework still fails to meet the demand for realizing these products, services and models. It is not yet mature for the application of novel forms of raising funds from angel investors or venture investment funds. So far, there is no legal corridor for innovative startups, particularly fintech ones. This article introduces new fundraising channels and their legal challenges and puts forward recommendations for formulating a regulatory sandbox applicable to these channels.

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