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Official Gazette

Friday, June 5, 2020
Tags: debt collection
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.
State Bank steps up fight against black credit State Bank steps up fight against “black credit”
In January 2019, local media reported that Le Dinh Huu Phuoc, a 55-year-old man in the Central Highlands province of Gia Lai, was beaten to death by a group of gangsters for failing to fully pay his nephew’s debt.
Public security agency is tasked to manage debt collection service Public security agency is tasked to manage debt collection service
The Ministry of Public Security would be held responsible before the Government for performing the state management of public security and social order regarding debt collection activities.
New regulations on interest: a view from credit extension practice New regulations on interest: a view from credit extension practice
The State Bank of Vietnam (SBV) has recently issued some new regulations guiding lending activity of credit institutions and branches of foreign banks (credit institutions). These regulations have a significant effect on lending activity of credit institutions. Enacted to address the limitations of the precedent regulations, they also have some unclear points which might limit their effect. This article analyzes regulatory issues relevant to interests on loans of credit institutions.
Some conditions for debt collection service to be abolished Some conditions for debt collection service to be abolished
The Ministry of Finance is considering proposing the Government to annul Decree 104 dated June 14, 2007, on debt collection service provision instead of issuance of a new decree to replace it.
CIRCULAR No. 05/2013/TT-BTC OF JANUARY 9 2013: Guiding the financial regime applicable to credit institutions and foreign bank branches CIRCULAR No. 05/2013/TT-BTC OF JANUARY 9, 2013: Guiding the financial regime applicable to credit institutions and foreign bank branches
Decision No. 369/QD-TTg: PM approves development strategy for Development Bank of Vietnam Decision No. 369/QD-TTg: PM approves development strategy for Development Bank of Vietnam
DECREE No. 75/2011/ND-CP OF AUGUST 30 2011: On state investment credit and export credit DECREE No. 75/2011/ND-CP OF AUGUST 30, 2011: On state investment credit and export credit
New regulations in effect New regulations in effect
DECREE No. 72/2009/ND-CP: Debt collectors must be police-certified DECREE No. 72/2009/ND-CP: Debt collectors must be police-certified

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