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Official Gazette

Wednesday, November 25, 2020
Career orientation to be incorporated in primary education programs Career orientation to be incorporated in primary education programs
Career orientation, job counseling and startup assistance would be incorporated in educational programs of all levels, ranging from primary education to higher education.
Offshore investment placed under stricter control Offshore investment placed under stricter control
Individuals would be banned from purchasing houses in foreign countries, according to a draft decree on offshore investment formulated by the Ministry of Planning and Investment to replace Decree 83 of 2015.
Liquor and tobacco products to be e-stamped Liquor and tobacco products to be e-stamped
Domestically produced and imported liquor and tobacco products that are subject to excise tax must be affixed with e-stamps, according to a draft circular on printing, issuance, management and use of e-stamps recently released by the Ministry of Finance for public opinion.
Public companies no longer allowed to decide on foreign holding caps Public companies no longer allowed to decide on foreign holding caps
The State Securities Commission has recently proposed abolishing a regulation permitting public companies to provide the maximum foreign ownership rate in their company charters. 
Central bank revises regulations on forex transactions Central bank revises regulations on forex transactions
Foreign investors who have invested in government bonds issued in Vietnam dong could execute foreign exchange forward transactions with licensed credit institutions to hedge exchange rate risks, according to a draft circular recently released by the State Bank of Vietnam.
New proposals to facilitate casino investment New proposals to facilitate casino investment
The Ministry of Finance has proposed some amendments to Decree 03 of 2017 on casino business, aiming to create favorable conditions for investors.
More regulations imposed on cross-border advertising service providers More regulations imposed on cross-border advertising service providers
Foreign companies providing cross-border advertising services in the cyberspace and generating income in Vietnam must observe Vietnam’s laws on tax, advertising, management, provision and use of Internet services, and cyber information.
Ministry switches green light for secured short sale intraday transactions Ministry switches green light for secured short sale, intraday transactions
Investors would be allowed to perform secured short sale and intraday transactions in the near future when technical conditions permit, according to a draft circular to replace Circular 203 of 2015 regarding transactions in the stock market.
Personal identification numbers to be issued for every citizen Personal identification numbers to be issued for every citizen
The national population database management agency would establish personal identification numbers for citizens having birth registration certificates but not yet been issued PINs.
Management of condo maintenance funds to be tightened Management of condo maintenance funds to be tightened
Apartment purchasers and hire-purchasers would pay expenses for maintenance of sections under common ownership in condominiums into an account opened by their housing project owners at a credit institution lawfully operating in Vietnam, instead of making direct payment to project owners as at present.

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