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Official Gazette

Friday, February 21, 2020
Tags: State Bank of Vietnam
First-ever regulations on e-money to be issued First-ever regulations on e-money to be issued
The State Bank of Vietnam (SBV) is working on a draft decree to revise Decree 101 of 2012 on non-cash payment, introducing for the first time regulations on e-money.
Notes to intellectual property in mergers and acquisitions Notes to intellectual property in mergers and acquisitions
Merger and acquisition (M&A) activities aim at taking control of a company through a merger or acquisition deal between two or more businesses to partially or wholly own that company. Typically, M&A activities evaluate most of the target company’s assets which include intellectual property rights. M&A has become familiar and popular with the Vietnamese business community over the last decade.
Anti-money laundering regulations to be revised Anti-money laundering regulations to be revised
Payment intermediary service providers would have to apply measures to prevent and combat money laundering as financial institutions do. Such is provided in a draft decree prepared by the State Bank of Vietnam to revise several articles of Decree 116 of 2013.
Vietnamese SOEs must reform and invest in technology Vietnamese SOEs must reform and invest in technology
State-owned enterprises must strive to reform and become innovation centers in today's modern economy, said Prime Minister Nguyen Xuan Phuc at a conference discussing measures to improve Vietnam’s SOEs’ management and performance on October 16 in Hanoi.
SBV guides payment for goods in border-gate transfer SBV guides payment for goods in border-gate transfer
Payment for goods in border-gate transfer must be conducted via authorized banks, the State Bank of Vietnam requires in a draft circular guiding payment and money transfer for goods in border-gate transfer.
Govt must adapt to sharing economy models Gov’t must adapt to sharing economy models
Vietnam must identify, implement and build management models for sharing economy applications in the country’s major sectors such as banking and transport to ensure a fair business playground and protect all involved parties, said economics experts at a conference on the sharing economy on October 10 in Hanoi.
Mechanical engineering industry needs more incentives: PM Mechanical engineering industry needs more incentives: PM
Prime Minister Nguyen Xuan Phuc emphasized the need to facilitate the development of the mechanical engineering industry while addressing a conference in Hanoi on September 24.
Draft circular on gold business licensing released Draft circular on gold business licensing released
The State Bank of Vietnam has publicized a draft circular that would adjust existing regulations managing gold trading, Thoi Bao Kinh Te Viet Nam (Vietnam Economic Times) newspaper reported.
PM requests e-Cabinet building be accelerated PM requests e-Cabinet building be accelerated
Prime Minister Nguyen Xuan Phuc on July 23 demanded ministries, agencies and localities to speed up the e-Cabinet building and not let difficulties in terms of finance, connection or sharing hamper the work.
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.

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