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Official Gazette

Wednesday, February 21, 2018
Tags: state enterprise
Control and handling of corrupt acts in the private sector through accountability mechanism Control and handling of corrupt acts in the private sector through accountability mechanism
Corruption in the non-state business sector happens when someone takes advantage of his/her position in his/her enterprise for the sake of his/her personal gains. In Vietnam, the 2015 Penal Code (revised in 2017) has broadened the scope of corrupt acts to include corruption occurred in the private sector. Specifically, persons with high positions and/or powers in a non-state enterprise or organization will be liable for the following criminal acts: embezzlement, receiving bribes, giving bribes and bribery brokerage. However, in order to effectively prevent and combat corruption in the private sector, holding persons committing corrupt acts liable is not sufficient enough.
Official Gazette issues Nos 5-8 October 2017 published on January 11 2018 Official Gazette issues Nos 5-8 October 2017, published on January 11, 2018
Position-related crimes under the new Penal Code Position-related crimes under the new Penal Code
This article analyzes new provisions in the 2015 Penal Code concerning position-related crimes, which are expected to give more teeth to the fight against corruption in the country.
Government to slash wholly state-owned enterprises by four times Government to slash wholly state-owned enterprises by four times
The number of enterprises wholly owned by the State will be cut from 718 to 190 during the 2016-20 period, according to the Steering Committee for Renovation and Development of State Enterprises.
Circular No. 38/2015/TT-BCT of October 30 2015 Circular No. 38/2015/TT-BCT of October 30, 2015
Cabinet determines to accelerate restructuring of state enterprises Cabinet determines to accelerate restructuring of state enterprises
The Government urges ministries, sectors, localities and enterprises to promptly improve mechanisms and policies on state enterprise restructuring, and effectively implement measures to equitize state enterprises under the 2015 plan.
SOEs must operate under the market mechanism SOEs must operate under the market mechanism
After more than a decade of implementing various Party resolutions on SOEs, many important achievements have been obtained. The state enterprise sector is undergoing the renewal process and despite that its contribution to the country’s GDP has gradually decreased from 34.72 percent in 2009 to 32.4 percent in 2013, the sector still plays a dominant
Rights for foreigners under new Land Law Rights for foreigners under new Land Law
The new Land Law was passed by the Vietnamese National Assembly on November last year and will take effect on July 1, 2014 (the 2013 Land Law). This Law, replacing the Land Law of 2003, contains numerous new provisions in order to meet the requirements of stepping up the comprehensive renewal process aiming to make Vietnam basically a modernity-oriented industrial nation by 2020.
Draft decree deals with transfer of state enterprises Draft decree deals with transfer of state enterprises
Policy digest November 2013 Policy digest November 2013
The Ministry of Finance (MOF) has proposed increase in import duty rates for 462 product lines, especially those which can be produced domestically, in a move that could provide a considerable boost to domestic production and rein in the country’s trade deficit.

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