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Official Gazette

Wednesday, July 8, 2020
Tags: draft decision
Non-stop toll collection to be implemented nationwide Non-stop toll collection to be implemented nationwide
All toll plazas would be required to have automated lanes for non-stop toll collection, according to a draft decision on non-stop electronic toll collection recently released by the Ministry of Transport.
Vietnam plans to apply the open-sky policy Vietnam plans to apply the open-sky policy
Vietnam would apply the open-sky policy so as to encourage domestic and foreign air carriers to open new direct air routes connecting the country with its major tourism markets, according to a draft decision designed by the Ministry of Transport.
Draft decision to reduce state holdings in businesses Draft decision to reduce state holdings in businesses
State-owned enterprises (SOEs) would be classified into three groups, including wholly SOEs, enterprises with 65 percent or more of state holdings, and enterprises with over 50 percent to below 65 percent of total shares held by the State.
Thirty percent of the population to engage in e-commerce by 2020 Thirty percent of the population to engage in e-commerce by 2020
By 2020, thirty percent of the Vietnamese population will engage in online shopping with an annual average per-capita spending of USD 350, according to a draft decision approving the plan on e-commerce development during 2016-20.
Shipping lines required to declare freight rates Shipping lines required to declare freight rates
Shipping firms and port operators would have to publish freight or service charge rates on their websites and the website of the Vietnam Maritime Administration.
Policy digest January-February 2015 Policy digest January-February 2015

The revised Enterprise Law has cut five procedures (against current ten procedures) and shortened the time required to perform enterprise registration procedures from 34 days to six days. Under the revised law, names of business lines and trades are no longer specified in the enterprise registration certificate. In addition, requests, procedures and costs for registration adjustments and changes, and names of business lines no longer exist.

Investor protection funds to be set up Investor protection funds to be set up
Securities firms and fund management companies must set aside a certain percentage of their revenues to form investor protection funds.
Foreign holding caps in domestic firms to be raised Foreign holding caps in domestic firms to be raised
Draft decision encourages PPP investment Draft decision encourages PPP investment
Miners required to restore the environment Miners required to restore the environment

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