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

Official Gazette

Monday, August 19, 2019
Tags: debt trading
Party resolves to refine market economy institutions Party resolves to refine market economy institutions
The 12th Central Committee of the Communist Party of Vietnam on June 3 issued Resolution 11 of its fifth plenary meeting on completing the institutions of the socialist-oriented market economy, setting objectives for 2030 as well as solutions to achieving these objectives. Following are the principal contents of the Resolution.
Laws on Credit Institutions and Planning to be revised Laws on Credit Institutions and Planning to be revised
The Government has assigned the State Bank of Vietnam to finalize a draft resolution on the settlement of non-performing loans and a draft law amending and supplementing a number of articles of the Law on Credit Institutions and relevant laws.
Government sets conditions for debt trading Government sets conditions for debt trading
Coming into force on July 1, Government Decree No. 69/2016/ND-CP prescribing conditions for provision of debt sale and purchase services (the Decree), is expected to clear up hurdles that have been existed long in the debt trading business.
Government rules debt trading conditions Government rules debt trading conditions
The Government on July 1 issued the first ever legal framework for debt trading activities in Vietnam.
Policy digest October 2015 Policy digest October 2015
The Government has recently proposed to the National Assembly higher excise tax rates on vehicles with high engine displacement.
Policy digest January-February 2015 Policy digest January-February 2015

The revised Enterprise Law has cut five procedures (against current ten procedures) and shortened the time required to perform enterprise registration procedures from 34 days to six days. Under the revised law, names of business lines and trades are no longer specified in the enterprise registration certificate. In addition, requests, procedures and costs for registration adjustments and changes, and names of business lines no longer exist.

Policy digest December 2014 Policy digest December 2014
On November 26, the National Assembly (NA) issued Resolution No. 10/2014/QH13 aiming to further improve the effectiveness of the economic restructuring through 2015.
Policy digest November 2014 Policy digest November 2014
Two press communiques of the Government’s October regular meeting on settlement of non-performing loans (NPL) and public debts have recently been publicized on the Government e-portal.
Bank restructuring in Vietnam after two years Bank restructuring in Vietnam after two years
Bank restructuring is one of the three pivotal tasks of Vietnam’s ongoing economic restructuring process. This article reviews the initial results of implementation of this policy and discusses issues to be tackled in the coming time.
SOEs debts to be strictly controlled SOEs’ debts to be strictly controlled

Video

Vietnam Law & Legal Forum