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Official Gazette

Friday, May 7, 2021
Tags: Law on Securities
New points and preparations for implementation of revised Law on Handling of Administrative Violations New points and preparations for implementation of revised Law on Handling of Administrative Violations
The Law Amending and Supplementing a Number of Articles of the Law on Handling of Administrative Violations (the revised Law), passed by the 14th National Assembly at its 10th session and set to take effect in 2022, requires careful preparations as it directly relates to the people’s life. Deputy Minister of Justice Dang Hoang Oanh has recently granted the Online Newspaper of the Government an interview on new points and urgency of the promulgation and implementation of the Law in the coming time.
Six important changes in the new Enterprise Law Six important changes in the new Enterprise Law
Compared with its previous versions, the 2020 Enterprise Law (the 2020 Law) contains breakthrough changes, aiming to build a legal framework on corporate governance up to good and common practices in the region and the world; boost the development of businesses, attract capital for production and business activities; and contribute to improving Vietnam’s business environment to the level of ASEAN-4 countries.
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.
New revised Securities Law available on Official Gazette issues Nos. 136-144 of 2019 New revised Securities Law available on Official Gazette issues Nos. 136-144 of 2019
Adopted in late 2019 with many new changes, the amended Law on Securities, available on Official Gazette issues Nos. 136-144 of 2019, is expected to make a positive impact on the Vietnam’s stock market.
Top ten legal documents in 2019 Top ten legal documents in 2019
Selected by Vietnam Law and Legal Forum magazine, these include the Labor Code, the Law on Exit and Entry of Vietnamese Citizens, Prime Minister Decision 1068/QD-TTg,Law on Tax Administration, and a Prime Minister Decision adopting the national strategy for intellectual property rights, among others.
Presidential Office announces newly adopted laws Presidential Office announces newly adopted laws
The Presidential Office held a press conference in Hanoi on December 16 to announce the President’s order on the laws adopted at the recent eighth session of the 14th-tenure National Assembly.
One-month NA meeting to kick off on May 20 One-month NA meeting to kick off on May 20
The seventh session of the 14th National Assembly (NA) would kick off on May 20 and wrap up on June 14 to discuss legislation, vice chairman of NA office Nguyen Manh Hung told the press on May 17.
National Assembly Standing Committee opens 32nd session National Assembly Standing Committee opens 32nd session
The National Assembly (NA) Standing Committee opened its 32nd session in Hanoi on March 11, under the chair of NA Chairwoman Nguyen Thi Kim Ngan.
Pay radio and television enterprises to be equitized Pay radio and television enterprises to be equitized
From now to 2020, state-owned pay radio and television service enterprises would be equitized and listed on the securities market, according to a draft decree revising Decree 06 of 2016 on management, provision and use of radio and television services.
Decision No. 1191/QD-TTg of August 14 2017 Decision No. 1191/QD-TTg of August 14, 2017
approving the bond market development roadmap during 2017-2020, with a vision toward 2030

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