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Official Gazette

Thursday, January 20, 2022
Tags: SOEs
Commentary on the 2020 Enterprise Laws new provisions on joint-stock companies Commentary on the 2020 Enterprise Law’s new provisions on joint-stock companies
Although there are no landmark or breakthrough changes in the 2020 Law on Enterprises, it still provides necessary and timely amendments and supplements, making it easier for businesses and investors as well as state management agencies to navigate. In this article, the author only discusses and clarifies the new basic provisions on joint-stock companies of the 2020 Enterprise Law in order to raise awareness about and help improve effectiveness of enforcement for this type of company.
Criteria for classification of SOEs to be specified Criteria for classification of SOEs to be specified
During 2021-25, state-invested enterprises undergoing ownership transformation, reorganization or state capital withdrawal would be classified into three categories based on operating sectors; scope and characteristics of operation; and areas of operation.
Special policies to develop large-sized SOEs Special policies to develop large-sized SOEs
Three giant state-owned enterprises (SOEs), MobiFone, Vietnam Electricity (EVN) and Viettel, would be selected to become spearheads in the telecommunications, energy and defense industries, according to a draft scheme on development of large-sized SOEs.
Notable achievements during Vietnams 75 years Notable achievements during Vietnam’s 75 years
This September marks 75 years since the Vietnamese people, under the leadership of the Communist Party of Vietnam (CPV), overthrew 80 years of French colonial rule.
Interest groups must not profit from States assets: Deputy PM Interest groups must not profit from State’s assets: Deputy PM
Stopping interest groups from buying State assets at below market prices is a top priority, said Deputy Prime Minister Truong Hoa Binh at a meeting with Government officials on August 10 on the equitisation and recall of State capital from State-owned enterprises (SOE).
Six important changes in the new Enterprise Law Six important changes in the new Enterprise Law
Compared with its previous versions, the 2020 Enterprise Law contains breakthrough changes, aiming to build a legal framework on corporate governance up to good and common practices in the region and the world; boost the development of businesses, attract capital for production and business activities; and contribute to improving Vietnam’s business environment to the level of ASEAN-4 countries.
How will the EVFTA contribute to more transparency? How will the EVFTA contribute to more transparency?
This article looks at the EU-Vietnam Free Trade Agreement (EVFTA), recently ratified by the EU Parliament, from the angle of transparency. Reviewing the road from WTO’s limited use of measures to improve transparency and reduce bribery in international trade to new generation FTAs, the paper examines headways made in mainstreaming transparency in practically all chapters of the trade agreement.
Household business regulations brought into law Household business regulations brought into law
The Ministry of Planning and Investment has introduced the latest draft of the law revising the Investment Law and Enterprise Law, which officially acknowledges household business as a type of business entity besides private enterprise, partnership, limited liability company and joint-stock company.
Vietnamese SOEs must reform and invest in technology Vietnamese SOEs must reform and invest in technology
State-owned enterprises must strive to reform and become innovation centers in today's modern economy, said Prime Minister Nguyen Xuan Phuc at a conference discussing measures to improve Vietnam’s SOEs’ management and performance on October 16 in Hanoi.
Intl accounting rules compulsory after 2025: draft Int’l accounting rules compulsory after 2025: draft
The adoption of International Financial Reporting Standards (IFRS) will be compulsory for State-owned enterprises (SOEs), listed companies and large-scale unlisted public companies after 2025, according to a draft project the Ministry of Finance recently made public for comments.

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