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Official Gazette

Thursday, August 6, 2020
Tags: e-commerce
Official Gazette issues Nos 37-40/2020 issued on July 15 2020 Official Gazette issues Nos 37-40/2020, issued on July 15, 2020
Vietnam wishes to further promote cashless payment Vietnam wishes to further promote cashless payment
The first “Cashless Day” of Vietnam was held on June 16 with a series of events designed to encourage non-cash payment in the country.
First online dispute resolution system in Vietnam launched First online dispute resolution system in Vietnam launched
The Hanoi International Arbitration Council has recently launched its online dispute resolution (ODR) system on its website www.hiac.vn.
PM targets powerful prosperous status for southern key economic region by 2035 PM targets powerful, prosperous status for southern key economic region by 2035
Prime Minister Nguyen Xuan Phuc on May 30 requested the southern key economic region to strive to become a powerful and prosperous region by 2035, ten years ahead of the deadline for the same goal for the whole Vietnam.
MOF guides tax-related e-transactions MOF guides tax-related e-transactions
Taxpayers could conduct tax-related e-transactions around the clock via the portal of the General Department of Taxation or portals of other competent state agencies that are connected to the GDT’s, says a draft circular designed by the Ministry of Finance.
Shaping a legal framework for cryptoassets in Vietnam Shaping a legal framework for cryptoassets in Vietnam
For the time being, there has been no unified definition of “cryptoasset” or “digital asset” or “virtual asset” in the world. According to the Financial Action Task Force (FATF), a global money laundering and terrorist financing watchdog, “a virtual asset is a digital representation of value that can be digitally traded, or transferred, and can be used for payment or investment purposes.”[1] Canada’s model legislation regarding digital assets, the Uniform Access to Digital Assets by Fiduciaries Act, defines “a digital asset” as “a record that is created, recorded, transmitted or stored in digital or other intangible form by electronic, magnetic or optical means or by any other similar means.”[2] Cryptocurrency (or virtual currency) is a form of cryptoassets (or virtual assets). There is also no unified definition of this term in the world.
ASEAN 2020: Vietnam vows to partner with others to fight COVID-19 ASEAN 2020: Vietnam vows to partner with others to fight COVID-19
Deputy Prime Minister and Foreign Minister Pham Binh Minh on April 23 affirmed that Vietnam will enhance its cooperation with other countries, including the US, as well as the World Health Organisation and the international community in the fight against the COVID-19 pandemic.
How new rules on prevention of adverse effects of alcohol will impact alcohol advertising and promotion (Practice Note) How new rules on prevention of adverse effects of alcohol will impact alcohol advertising and promotion (Practice Note)
Law 44/2019/QH14 on Prevention and Control of Harms of Liquor and Beer Abuse was passed on June 14, 2019, and became effective on January 1, 2020. On February 24, 2020, the Government issued Decree 24/2020/ND-CP detailing a number of articles of the Law with effect from the same day. There are detailed rules in those texts on alcohol advertising that this Practice Note tries to examine.
Online trade promotion activities should be developed due to COVID-19: agency Online trade promotion activities should be developed due to COVID-19: agency
The Vietnam Trade Promotion Agency has encouraged localities, businesses and trade promotion organizations develop online marketing measures during the novel coronavirus (COVID-19) pandemic, said agency director Vu Ba Phu.
MoIT makes all public administrative services online MoIT makes all public administrative services online
The Ministry of Industry and Trade has made all of its 292 public administrative services online, 166 of which are level-3 and -4 services while the remainders are level-2, according to the ministry’s Vietnam e-Commerce and Digital Economy Agency.

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