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Official Gazette

Tuesday, July 23, 2019
Tags: the illegal
Central bank wants to promote mobile payment Central bank wants to promote mobile payment
In Vietnam today, the term “fintech - financial technology” has become more and more popular. Particularly in the field of intermediary payment services, there has been a tremendous increase in the number of e-payments, especially mobile payments via e-wallets, over the past few years. Let’s examine the situation of the mobile payment sector as well as measures to be taken by state authorities to facilitate business operations while ensuring payment security and safety.
13th ADMM issues declaration on sustainable security 13th ADMM issues declaration on sustainable security
Minister of National Defense Gen. Ngo Xuan Lich attended the 13th ASEAN Defense Ministers’ Meeting (ADMM) in Bangkok, Thailand on July 11, which ended with a joint declaration on sustainable security.
Vietnam ready to join in building strong resilient ASEAN: PM Vietnam ready to join in building strong, resilient ASEAN: PM
Prime Minister Nguyen Xuan Phuc gave an interview to The Nation newspaper of Thailand while attending the 34th ASEAN Summit in Bangkok on June 22 and 23, highlighting Vietnam’s willingness to join other members to build a strong and resilient ASEAN.
Central bank puts forth tighter regulations on e-wallets Central bank puts forth tighter regulations on e-wallets
The State Bank of Vietnam has proposed stricter regulations on opening and use of e-wallets in a draft circular revising Circular 39 of 2014 on intermediary payment services, with the aim of preventing the abuse of the e-wallet business for money laundering and other illegal purposes.
Resolution guiding money laundering enforcement announced Resolution guiding money laundering enforcement announced
The Supreme People's Court and the State Bank on May 31 held a joint seminar in Hanoi to announce the Resolution guiding the implementation of the 2015 Penal Code’s Article 324 on money laundering.
New directive issued to fight ‘black lending New directive issued to fight ‘black lending’
The Prime Minister has released a directive to fight loan sharks who are targeting vulnerable people.
State Bank steps up fight against black credit State Bank steps up fight against “black credit”
In January 2019, local media reported that Le Dinh Huu Phuoc, a 55-year-old man in the Central Highlands province of Gia Lai, was beaten to death by a group of gangsters for failing to fully pay his nephew’s debt.
Law on the Vietnam Coast Guard Law on the Vietnam Coast Guard
The Law on the Vietnam Coast Guard was adopted at the sixth session of the 14th National Assembly last November. This is a solid legal foundation for enforcement of Vietnam’s maritime law, greatly contributing to the protection of national sovereignty, sovereign rights and jurisdiction in the maritime zones of Vietnam.
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.
Traffic cameras to be installed nationwide Traffic cameras to be installed nationwide
Surveillance cameras to monitor traffic violations will be installed on a trial basis in Hanoi and HCM City by 2020 and nationwide by 2022, according to the Government.

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