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Official Gazette

Wednesday, May 19, 2021
Tags: banks
Gov. enacts new policies on construction investment project management Gov. enacts new policies on construction investment project management
From March 3, owners of construction investment projects must work out technical and managerial solutions for ensuring efficient energy use, resource conservation and environmental protection.
Domestic and overseas sellers on e-commerce platforms to be taxed Domestic and overseas sellers on e-commerce platforms to be taxed
The Ministry of Finance is working on two draft legal documents on tax administration, aiming to close current loopholes in the tax systems, especially those related to collection of tax on e-commerce and digital platform-based trading activities.
Secured assets under Vietnams Law Secured assets under Vietnam’s Law
Group of students from Class 4234b
Hanoi Law University[1]
Over the past years, the law on secured transactions and secured transaction registration has gradually become complete, meeting the requirements of the real socio-economic life in Vietnam and the process of global economic integration. There is no doubt about the important role of secured transactions in credit growth and economic development. One key important element of secured transactions is collateral (secured assets). Both parties (the securing party and secured creditor) should pay close attention to determination of assets used as collateral when entering into a contract. However, the current legal framework applicable to collateral remains controversial.
General law of guarantees General law of guarantees
Bui Duc Giang
Attorney at law and PhD in law
Guarantees are personal security recognized by the general law of security. The security is used both in the context of corporate financing and retail banking. Civil Code 91/2015/QH13 dated November 24, 2015 (the Civil Code) creates the general law for this security interest of which this article tries to provide an overview.
New regulations on tax administration New regulations on tax administration
The guiding text of the 2019 Law on Tax Administration has recently been issued by the Government with a series of new provisions designed to create convenience for taxpayers and reduce tax-related compliance costs while increasing the effectiveness of tax administration activities.
New Law on Public-Private Partnership in Vietnam New Law on Public-Private Partnership in Vietnam
On June 18, 2020, the National Assembly of Vietnam passed the long awaited Law on Public-Private Partnership (PPP Law) which establishes an umbrella legal framework for all PPP projects and aims to attract more private investment to the development of Vietnam’s infrastructure. This article looks at some of the key changes under the Law, some positive and some less so, with respect to making the PPP framework more appealing to private sector developers, investors and lenders.
Foreign e-commerce traders to be under control Foreign e-commerce traders to be under control
Foreign traders and organizations that set up websites with Vietnamese domain names or in Vietnamese language or establish e-commerce trading floors with 100,000 transactions per year from Vietnam would have to register e-commerce activities with competent agencies.
Public companies no longer allowed to decide on foreign holding caps Public companies no longer allowed to decide on foreign holding caps
The State Securities Commission has recently proposed abolishing a regulation permitting public companies to provide the maximum foreign ownership rate in their company charters. 
Platforms providing cross-border services and the adversity of reversed protection of foreign businesses in Vietnam Platforms providing cross-border services and the adversity of reversed protection of foreign businesses in Vietnam
In the era of Industry 4.0, the physical border gradually becomes invisible when all services are provided and people’s demands are satisfied in the cyberspace where there are no borderline that may prevent any organizations or individuals with adequate capacity, passion and creativity from providing their own services worldwide.
New decree lifts sentiment extends market rally New decree lifts sentiment, extends market rally
Vietnamese shares rebounded on September 28 as market sentiment remained positive, following a new decree recently released to cut tax for virus-hit businesses.

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