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Official Gazette

Sunday, September 20, 2020
Tags: 2019
Domestic trade to contribute 13.5 percent of GDP by 2025 Domestic trade to contribute 13.5 percent of GDP by 2025
Domestic trade is expected to contribute about 13.5 percent of GDP by 2025, according to the Ministry of Industry and Trade's target to effectively realize the 2021-2025 socio-economic development plan.
Vietnam good at taking advantage of crisis: WB expert Vietnam good at taking advantage of crisis: WB expert
Vietnam has been always very good at taking advantage of crisis to accelerate reforms and move faster and grow better, Jacques Morisset, World Bank Lead Economist and Program Leader for Vietnam, has said.
CLMV ministers discuss commercial connections CLMV ministers discuss commercial connections
Economic ministers of Cambodia, Laos, Myanmar and Vietnam discussed measures to fight COVID-19 and revive economic activities, particularly in border areas, at an online meeting on August 24.
Official Gazette issues Nos 53-56/2020 published on August 21 2020 Official Gazette issues Nos 53-56/2020, published on August 21, 2020
Official Gazette issues Nos 49-52/2020 published on August 18 2020 Official Gazette issues Nos 49-52/2020, published on August 18, 2020
Penal liability of corporate legal persons for wildlife-related crimes Penal liability of corporate legal persons for wildlife-related crimes
The 2015 Penal Code prescribes heavy fines for corporate legal persons’ crimes violating regulations on management and protection of endangered, precious and rare wild animals, ranging from VND 300 million to VND 15 billion. This shows that Vietnam is always aware of the nature and danger of these crimes to the ecological environment.
PM Nguyen Xuan Phucs message on ASEANs anniversary PM Nguyen Xuan Phuc’s message on ASEAN's anniversary
Vietnamese Prime Minister Nguyen Xuan Phuc has delivered a message on the occasion of the 53rd founding anniversary of the Association of Southeast Asian Nations (ASEAN) and the 25th anniversary of Vietnam’s admission to the bloc.
Businesses to enjoy higher deduction rate of loan interest expenses Businesses to enjoy higher deduction rate of loan interest expenses
The deduction limit of enterprises’ total loan interest expenses will be increased to 30 percent from the current 20 percent of earnings before interest, tax, depreciation and amortization (EBITDA).
Central bank to pilot fintech operations Central bank to pilot fintech operations
The State Bank of Vietnam is planning to apply on a pilot basis a regulatory sandbox allowing fintech companies to provide some banking services from 2021.
PM: EVFTA like an expressway bringing EU Vietnam closer PM: EVFTA like an expressway bringing EU, Vietnam closer
Prime Minister Nguyen Xuan Phuc chaired a video conference on August 6 regarding the implementation of the EU-Vietnam Free Trade Agreement (EVFTA), during which he described the deal as a broad and modern expressway bringing the EU and Vietnam closer together.

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