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Official Gazette

Saturday, October 24, 2020
Tags: audit firms
Fundraising through new channels - opportunities and legal challenges Fundraising through new channels - opportunities and legal challenges
The Fourth Industrial Revolution helps create new products and services as well as business models in an open atmosphere without any distance between the reality and cyber space. However, Vietnam’s existing legal framework still fails to meet the demand for realizing these products, services and models. It is not yet mature for the application of novel forms of raising funds from angel investors or venture investment funds. So far, there is no legal corridor for innovative startups, particularly fintech ones. This article introduces new fundraising channels and their legal challenges and puts forward recommendations for formulating a regulatory sandbox applicable to these channels.
Decision No. 09/2017/QD-KTNN of August 15 2017 Decision No. 09/2017/QD-KTNN of August 15, 2017
Promulgating the Regulation on entrustment or hiring of audit firms to perform audits
Official Gazette issues Nos 1-3 July 2017 published on October 9 2017 Official Gazette issues Nos 1-3 July 2017, published on October 9, 2017
Circular No. 55/2016/TT-BTC of March 23 2016 Circular No. 55/2016/TT-BTC of March 23, 2016
Providing a number of contents on financial management of investment projects in the form of public-private partnership and investor selection expenses
CIRCULAR No. 86/2013/TT-BTC OF JUNE 27 2013: Providing the application of the priority regime in the state management of customs to eligible businesses CIRCULAR No. 86/2013/TT-BTC OF JUNE 27, 2013: Providing the application of the priority regime in the state management of customs to eligible businesses
DECREE No. 53/2013/ND-CP OF MAY 18 2013: On the establishment organization and operation of the Asset Management Company for Vietnamese credit institutions DECREE No. 53/2013/ND-CP OF MAY 18, 2013: On the establishment, organization and operation of the Asset Management Company for Vietnamese credit institutions
Policy digest July 2013 Policy digest July 2013
The Ministry of Finance is expected to guide in detail the operation of the Debt and Asset Trading Company of Vietnam to make it conformable with international practice.
Policy digest April 2013 Policy digest April 2013
At the meeting of the National Assembly Standing Committee on April 15, the Government proposed the National Assembly to issue as soon as possible a resolution on implementation of Clause 2, Article 170 of the Enterprise Law regarding re-registration of enterprises to facilitate re-registration and conversion of investment licenses into investment certificates of foreign-invested enterprises.
Decree No. 17/2012/ND-CP: Minimum capital of independent audit firms raised Decree No. 17/2012/ND-CP: Minimum capital of independent audit firms raised
DECREE No. 30/2009/ND-CP: Stricter rules on independent audit firms DECREE No. 30/2009/ND-CP: Stricter rules on independent audit firms

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