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Official Gazette

Tuesday, July 23, 2019
Tags: conditional business
Law on Crop Production Law on Crop Production
From January 1 next year, the Law on Crop Production  will take effect, superseding the 2004 Ordinance on Plant Varieties.
From Vinasun vs Grab lawsuit: How to change management thinking to suit new business models From Vinasun vs Grab lawsuit: How to change management thinking to suit new business models
The Ho Chi Minh City People’s Court last December pronounced a judgment, completing the first-instance trial of a civil case between local taxi firm Vinasun and Singapore-based ride-hailing app Grab. However, it does not end the controversial story but raises a lot of questions about how to change authorities’ management thinking to adapt to new business models emerging in a sharing economy.
Government puts forward solutions for higher international rankings Government puts forward solutions for higher international rankings
Vietnam will strive to increase its international rankings in terms of business environment and competitiveness in order to adapt itself to the new production system in the Fourth Industrial Revolution, according to a resolution adopted by the Government on the first day of 2019.
Government continues cutting costs for businesses Government continues cutting costs for businesses
By 2020, enterprise inspection and examination plans and handling results will be publicized on websites or portals of inspecting agencies.
Government poised to cut costs for businesses Government poised to cut costs for businesses
Vietnam would cut or simplify at least half of business conditions and lessen requirements in the areas of investment, land, construction, tax payment and social insurance so as to reach a mark equaling the average level of ASEAN-4 countries in the World Bank’s Doing Business survey by 2020.
Luật đầu tư – Law on Investment (Law in 2014 Amended and Supplemented in 2016 2017) Luật đầu tư – Law on Investment (Law in 2014, Amended and Supplemented in 2016, 2017)
The Law on Investment was passed on November 26th, 2014, by the XIIIth National Assembly of the Socialist Republic of Vietnam at its eight section and took effect on July 1st, 2015, replacing the Law on Investment in 2005. This Law further improves mechanism and policies to create an equal, favorable and more transparent investment environment in order to attract more domestic and foreign investment. After more than one year of implementation, a number of branches and trades specified in Appendix 4 on the List of sectors and trades subject to conditional business investment of the Law on Investment in 2014 are no longer suitable due to their failure to meet the criteria and the target of attracting investment. In order to improve the Law on Investment in 2014, on November 22nd, 2016, the XIVth National Assembly, at its third session, passed the Law on support for small – and medium-sized enterprises, which has content amending and supplementing the Law on Investment.
National Assembly passes seven laws during fifth session National Assembly passes seven laws during fifth session
After three weeks of sitting, the 14th National Assembly completed its working agenda of the fifth session, voting to pass seven laws to continue the institutionalization of the 2013 Constitution, improve the legal system on economic development, human rights, and basic rights and obligations of citizens, and ensure national defense and security.
Forestry Law to boost sustainable forest economy Forestry Law to boost sustainable forest economy
Composed of 108 articles arranged in 12 chapters, the Law on Forestry (the Law), which was passed in November last year, regulates the management, protection, development and exploitation of forests, along with the processing and trade of forest products.
Legality of cryptocurrencies in Vietnam remains unclear Legality of cryptocurrencies in Vietnam remains unclear
Bitcoin and other similar virtual currencies like ethereum, ripple and litecoin have become a hot topic among investors. But let’s set aside the worries and excitement and ask a question: are cryptocurrencies lawful in Vietnam?
Government to cut half of business conditions in 2018 Government to cut half of business conditions in 2018
To promote fast and sustainable economic growth, efforts should be devoted to further improving the business climate and economic competitiveness, reforming specialized inspections of imports and exports and cutting business conditions.

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