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Official Gazette

Wednesday, September 26, 2018
Tags: MOIT
Draft decree on commercial infrastructure management sparks concerns Draft decree on commercial infrastructure management sparks concerns
The Ministry of Industry and Trade is seeking opinions from relevant sectors on its draft decree on the development and management of the country’s commercial infrastructure.
CPTPP vital to Vietnams economic reforms CPTPP vital to Vietnam’s economic reforms
The Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) Agreement will be a vital deal to expanding free trade and ensuring sustainable development in Vietnam, said Minister of Industry and Trade (MOIT) Tran Tuan Anh.
Barriers for import export goods to be removed Barriers for import, export goods to be removed
Reducing the ratio of import goods subject to specialized inspection at the customs clearance stage and amending overlapping legal documents are among solutions to be proposed by the Ministry of Science and Technology to the Government to renew specialized inspection activities.
MoIT slashes 675 business and investment conditions MoIT slashes 675 business and investment conditions
The Ministry of Industry and Trade (MoIT) on September 20 decided to remove 675 out of 1,216 business and investment conditions under its management during 2017-18.
More unnecessary business conditions to be removed More unnecessary business conditions to be removed
The Ministry of Industry and Trade plans to remove 464 to 612 conditions for establishing businesses and conducting business activities, according to Minister Tran Tuan Anh.
Enforcement of security under the new resolution on dealing with bad debts Enforcement of security under the new resolution on dealing with bad debts
Resolution No. 42/2017/QH14 on trial dealing with non-performing loans of credit institutions was passed on June 21, 2017, by the National Assembly. It took effect on August 15, 2017, and remains in force for five years from that date. The resolution is a long-awaited text and expected to help credit institutions to better deal with their non-performing loans. A significant number of provisions of this text are about secured transactions which are at the heart of the process of recovery of bank loans for the time being. This article tries to give an overview of the text.
Government announces state monopoly over 20 goods services Government announces state monopoly over 20 goods, services
The Government on August 7 issued a decree on state monopoly over 20 groups of goods and services, including goods and services for national defense and security, production of gold bars, and import of cigarettes and cigars.
Excise tax exemption proposed for locally made automobile parts Excise tax exemption proposed for locally made automobile parts
The Ministry of Industry and Trade has proposed non-imposition of excise tax on locally made auto parts in order to bring the prices of cars, especially assembled ones, more accessible to customers.
Legal requirements for information disclosure and transparency in management of state-owned enterprises Legal requirements for information disclosure and transparency in management of state-owned enterprises
SOEs are holding key industries and sectors of the economy, such as construction, transport, oil and gas, communication, telecommunications, and production of industrial and consumable goods. As of October 2016, there were in total 718 enterprises in which the State holds 100% of the charter capital. SOEs hold not only key industries and sectors but also large resources.
Revised competition law takes shape Revised competition law takes shape
The current Competition Law has yet to come into practice, and it would need further improvement to reach its full frame, said Trinh Anh Tuan, Deputy Director of the Vietnam Competition Authority of the Ministry of Industry and Trade.