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Official Gazette

Sunday, August 20, 2017
Tags: real estate
Legal requirements for information disclosure and transparency in the equitization of SOEs Legal requirements for information disclosure and transparency in the equitization of SOEs
According to a government report, during 2011-15, 508 SOEs were equitized. The speed of equitizing big SOEs has been recognized to increase significantly over the past five years. As of October 2016, there remained 718 companies in which the State held 100% of charter capital. For the period from 2016 to 2020, the Government has identified enterprises where the State holds 100% of capital and dominant shares, including those operating in key industries, important geographical areas, and security and defense fields, applying high technologies, requiring large-scale investment and creating socio-economic impetus that lack investment from other sources.
Overview of the legal framework applicable to logistics services in Vietnam Overview of the legal framework applicable to logistics services in Vietnam
Under the legislation on investment, the provision of logistics services qualifies as a conditional business line. The current legal framework applicable to logistics services was enacted in line with the Schedule of Specific Commitments in Services resulting from the negotiations between Vietnam and WTO members.
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.
Property rules for condotels needed Property rules for condotels needed
The Ministry of Construction has proposed the Government to assign the Ministry of Natural Resources and Environment to study amendments to the land law, especially regulations on classification and mechanism for use of mixed land areas and grant of certificates of land use rights and ownership of houses and other land-attached assets for condotels.
Bank loans: interest and fees under the new rules Bank loans: interest and fees under the new rules
One way for credit institutions to generate revenues is charging interest and fees on loans they provide. On December 30, 2016, the State Bank of Vietnam issued Circular No.39/2016/TT-NHNN regulating lending activities of credit institutions and foreign bank branches which took effect on March 15, 2017. This text sets forth new rules relating to rates of interest and fees in lending activities.
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.
Taking disciplinary action against employees under Vietnamese law Taking disciplinary action against employees under Vietnamese law
Disciplinary procedures are used primarily to help employees to improve. They also provide a clear framework for both employers and employees to assist in the efficient and systematic resolution of disciplinary issues. The employment legislation contains various rules governing this type of procedures that this article tries to point out.
New rules on security over immovable property New rules on security over immovable property
Immovable property remains the most significant secured property in Vietnam. Civil Code No. 91/2015/QH13 dated November 24, 2015, which became effective on January 1, contains many changes to the legal framework applicable to security over immovable property that this article will try to point out.
Right of superficies concretizes the role of Civil Code as law of market economy Right of superficies concretizes the role of Civil Code as law of market economy
As a law of the market economy, the 2015 Civil Code contains substantially reformed provisions on property and ownership to make property truly become a commodity that can have its value maximized by different entities in different modes and on different scales.
Decision No. 2545/QD-TTg approving the Scheme on development of non-cash payment in Vietnam during 2016-2020 Decision No. 2545/QD-TTg approving the Scheme on development of non-cash payment in Vietnam during 2016-2020

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