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Official Gazette

Wednesday, July 8, 2020
Tags: draft decree
International football betting via e-wallets and mobile money permitted International football betting via e-wallets and mobile money permitted
Bettors might use bank accounts, e-wallets and prepaid telecoms accounts to pay for their bets on horse and greyhound races and international football matches.
Strict management of social networks proposed Strict management of social networks proposed
Social networks with one million or more active users or 10,000 or more permanent users per month would have to apply for an establishment license, according to a draft decree compiled by the Ministry of Information and Communications to revise Decree 72 of 2013.
Violations in joint training to face hefty fines Violations in joint training to face hefty fines
An education institution would carry a maximum fine of VND 70 million (USD 2,900) or VND 80 million (USD 3,400) if violating regulations on coordination with foreign partners in providing joint training or holding foreign language proficiency tests, respectively.
Coercive measures applicable to commercial legal persons to be decreed Coercive measures applicable to commercial legal persons to be decreed
Commercial legal persons that fail to serve or fully serve legally effective judgments or rulings of courts would be subject to freezing of bank accounts and securities accounts.
Central bank delays foreign ownership cap in payment services industry Central bank delays foreign ownership cap in payment services industry
The State Bank of Vietnam has said it will not cap foreign ownership of companies in the payment services industry in its draft decree to replace Decree 101.
Draft sets out measures to protect personal data Draft sets out measures to protect personal data
The processing of personal data would be conducted only when data subjects so agree, unless otherwise provided by law, according to a draft decree on protection of personal data recently released by the Ministry of Public Security.
More incentives for supporting industries More incentives for supporting industries
The Ministry of Industry and Trade is working on a draft decree revising Decree 111 of 2015 that is expected to provide more incentives for supporting industry products prioritized for development.
Govt to issue lists of preferential tariffs under EVFTA Gov’t to issue lists of preferential tariffs under EVFTA
The Government is set to issue a decree on the lists of preferential export tariffs and special preferential import tariffs to implement the EU-Vietnam Free Trade Agreement (EVFTA) when the deal comes into force in Vietnam.
Government decree drafted to protect personal data Government decree drafted to protect personal data
The ministry said that new services using personal information, such as online payments, e-commerce, games, cryptocurrency trading and multi-level businesses, have raised issues related to national security and social order and safety.
Draft decree to boost public employees wages Draft decree to boost public employees' wages
Civil servants, public employees and members of the armed forces are set for a new basic salary, with the highest increase in the past eight years.

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