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Official Gazette

Friday, July 1, 2022
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Children – deciders of Earths future Children – deciders of Earth’s future
The environment education for children, who are more vulnerable to the impacts of climate change and environmental degradation than other groups, is considered the key for ensuring a better future of the Earth.
IFC pledges to further support Vietnam IFC pledges to further support Vietnam
The International Finance Corporation will continue its support to Vietnam, especially in green growth, climate change response and increasing productivity in the private sector, IFC Vice President for Asia and Pacific Garcia Mora pledged on April 15.
Regulations on offshore lending of non-bank institutions to be shortly issued Regulations on offshore lending of non-bank institutions to be shortly issued
Economic institutions would be licensed to make offshore loans or provide guarantee to non-residents, according to a draft decision prepared by the State Bank of Vietnam.
Government to provide housing support for workers Government to provide housing support for workers
Deputy Prime Minister Le Minh Khai has just signed a decision on a house rental support policy for workers.
Vietnam named among worlds top 20 host economies for FDI for the first time Vietnam named among world’s top 20 host economies for FDI for the first time
Vietnam was named among the world’s top 20 host economies for foreign direct investment for the first time in 2020 with an inflow of USD 16 billion.
Building forward better with people at the center Building forward better with people at the center
Vietnam’s track record in people-centered development is second to none. Putting the needs of the people first was of vital importance in the early days of the COVID-19 pandemic when the Government rejected the false dilemma between protecting the health of the people and supporting the economy.
Floods in Central Vietnam: Revising law to ensure effectiveness and lawfulness of charitable activities Floods in Central Vietnam: Revising law to ensure effectiveness and lawfulness of charitable activities
The Central Vietnam is undergoing tough times when severe storms have led to landslides and flash floods causing enormous damage to the lives, health and assets of people. Many local and international organizations and individuals have joined relief efforts and handed over huge donations to help the victims.
Legislative process under the Nguyen dynasty Legislative process under the Nguyen dynasty
Vietnam’s feudal state under the Nguyen dynasty (1802-1884) attached great importance to legislative work with a coherent and logical process from the drafting and transfer of legal documents, management and use of official seals, organization of archive work to the training and employment of paperwork staff. The Nguyen dynasty’s due attention to the drafting of legal documents contributed to the development of a strong public administration, serving as the basis for the attainment of significant achievements in various aspects of the country’s social life in this period. This also offered valuable lessons on the importance of the human factor, the clear definition of duties of each responsible individual, and the role of inspection and supervision in the process of formulating and promulgating legal documents, for today’s lawmaking work in Vietnam.
Management of international emergency aid for disaster relief to be tightened Management of international emergency aid for disaster relief to be tightened
The Government has recently issued Decree 50, requiring the receipt, management and use of international emergency aid for disaster victims to be carried out in an open, transparent, timely and effective manner.
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.

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