Vietnam Law & Legal Forum Magazine is your gateway to the law of Vietnam

Official Gazette

Tuesday, July 23, 2019
Tags: MOIT
Law-based state management of e-commerce in Vietnam Law-based state management of e-commerce in Vietnam
According to Prime Minister Decision 222 of 2005 approving the overall plan on e-commerce development during 2006-10, the State plays the role of creating a favorable legal environment, while providing public services to assist e-commerce activities, and developing e-commerce in connection with the application and development of information and communication technology.
Regulations on online ads - inadequacies and suggestions for improvement Regulations on online ads - inadequacies and suggestions for improvement
Online advertising has proven to be a trendy choice of businesses. Revenue of Vietnam’s online advertising market mounted to USD 76 million in 2017 and is forecast to increase by three folds in the next five years. However, there remain several limitations in the law regulating Internet advertising such as regulations on protection of interests of online customers, foreign traders’ right to run online advertisements, advertising of some special goods, products and services, management of new types of advertising, and competence for state management for online advertising.
Credit package proposed for support industry Credit package proposed for support industry
The Ministry of Industry and Trade (MoIT) has proposed a VND 100 trillion preferential credit package for the development of the country’s support industry.
Super committee for State-run firms debuts “Super committee” for State-run firms debuts
Vietnam’s Committee for State Capital Management, known as the Super Committee, made its debut on September 30. It will manage 19 State-owned economic groups and corporations.
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.

Video

Vietnam Law & Legal Forum