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Official Gazette

Thursday, August 6, 2020
Tags: electronic payment
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.
Party determines to embrace Fourth Industrial Revolution Party determines to embrace Fourth Industrial Revolution
On September 27, Party General Secretary Nguyen Phu Trong signed Resolution 52-NQ/TW, on a number of policies on the nation’s proactive involvement in the Fourth Industrial Revolution, affirming that the nation will take strong actions to take advantage of opportunities brought by the Revolution. Vietnam Law and Legal Forum would like to introduce important contents of this Resolution.
Law-based state management of e-commerce in Vietnam Law-based state management of e-commerce in Vietnam
According to Prime Minister Decision 222 of 2005 approving the overall plan on e-commerce development during 2006-10, the State plays the role of creating a favorable legal environment, while providing public services to assist e-commerce activities, and developing e-commerce in connection with the application and development of information and communication technology.
Government puts forward solutions for higher international rankings Government puts forward solutions for higher international rankings
Vietnam will strive to increase its international rankings in terms of business environment and competitiveness in order to adapt itself to the new production system in the Fourth Industrial Revolution, according to a resolution adopted by the Government on the first day of 2019.
Stronger business environment is Governments priority in 2019 Stronger business environment is Government’s priority in 2019
Resolution No 19 on the improvement of business environment has been implemented for five years and has gained a lot of success. The Government is planning to carry a further reform on this issue next year, setting major tasks and solutions to implement the socio-economic development and State budget for 2019.
Government keen on reducing cash payment Government keen on reducing cash payment
Vietnam will strive to cut down the proportion of cash in the total payment instruments to lower than 10% by the end of 2020.
Legal documents issued from October 10 thru 16 Legal documents issued from October 10 thru 16
From October 10 thru 16, six legal documents were issued.
Payment intermediary services guided Payment intermediary services guided
As provided in State Bank of Vietnam Circular No. 39/2014/TT-NHNN of December 11, guiding intermediary payment services, each bank account may issue only one e-purse.
DECREE No. 101/2012/ND-CP OF NOVEMBER 22 2012: On non-cash payment DECREE No. 101/2012/ND-CP OF NOVEMBER 22, 2012: On non-cash payment
DECISION NO. 450/QD-TTG OF APRIL 18 2012: Approving the finance strategy up to 2020 DECISION NO. 450/QD-TTG OF APRIL 18, 2012: Approving the finance strategy up to 2020

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