Illustration photo Accordingly, Decree 163/2018/ND-CP, dated December 4, 2018 regulating the issuance of corporate bonds. The decree targets to create favorable conditions for enterprises to raise capital through issuing bonds, developing the corporate bond market in the direction of publicity, transparency and protection of interests of investors; expand the size of the corporate bond market, and reduce the burden of raising funds for bank credit. It replaces Decree No. 90/2011 / ND-CP dated December 14, 2011. Decree 164/2018/ND-CP, dated December 21, 2018 on combining national defense with economy-society stipulates in details Point 3, Article 15 of the Law on National Defense. The Decree took effect since January 1, 2019. Decree 165/2018/ND-CP, dated December 24, 2018 on e-transaction in financial operations regulates that agencies, organizations and individuals participating in e-transactions in financial operations must comply with the principles … [Read more...] about Nine legal documents issued last December
Legal documents
15 legal documents issued in April 2018
Illustration photo Decree No. 52/2018/NĐ-CP on the development of rural sectors and traditional craft villages includes five chapters and 25 articles stipulating activities on the development of rural sectors and some contents and policies on rural sectors and traditional craft villages. Decree No. 55/2018/ND-CP dated April 16th, 2018 of the Government on prescribing administrative penalties for violations arising in the fertilizer sector consists of four chapters and 23 articles. Decree 57/2018/ND-CP on a series of incentive mechanisms and policies to stimulate investments in agriculture and rural area development was issued to ensure their suitability to recently-issued legal documents such as the Law on State Budget, the Law on Public Investment, the Law on Construction, the Law on Enterprises, the Law on Support for Small- and Medium-sized Enterprises and the Law on Technology Transfer. Decree … [Read more...] about 15 legal documents issued in April 2018
Vietnam, Cambodia discuss legal procedure for Vietnamese Cambodians
Illustrative image (Source: VNA) Hanoi (VNA) – An inter-sectoral meeting took place between Vietnamese and Cambodian agencies took place in Phnom Penh on April 23 to discuss the handling of legal residency procedures for Vietnamese Cambodians. The Vietnamese side included representatives from the Ministry of Public Security and State Committee for Overseas Vietnamese Affairs, while the Cambodian side was officials from agencies, including the General Department of Immigration and the Ministry of Foreign Affairs and International Cooperation. Both sides said historical factors have resulted in shortcomings in the licensing of legal documents to Vietnamese Cambodians in the past, which is now not suitable to Cambodia’s current law. The issue has caused difficulties to the management of local authorities and hindered the community from carrying out their responsibilities to the country and protecting their legal rights. Relevant Cambodian agencies have examined and … [Read more...] about Vietnam, Cambodia discuss legal procedure for Vietnamese Cambodians
Free legal consultancy service debuts for disabled people
The legal consultancy service helps protect disabled people’s rights and disseminate legal documents among disabled communities. (Photo: baotintuc.vn)Accordingly, disabled people can send their questions by email to the advisory board for answers, or access the DLaw application which was initiated by a group of disabled students, for learning from others’ experience or studying specific cases. Nguyen Van Cu, DRD Deputy Director, said that the service aimed to satisfy the great demand for legal consultancy among disabled communities. There are currently over 7 disabled people across the country, and only 0.1% of them study at universities or colleges. “Poor knowledge, and poor economic and health conditions lead to disabled people’s shortages of legal understanding,” he added. Additionally, disabled people lack effective legal consultancy channels; therefore, the free legal consultancy service will help them have full access to legal information, thus … [Read more...] about Free legal consultancy service debuts for disabled people
Agritech start-ups struggle under complex legal regime
A startup forum for young farmers. — Photo enternews.vn Đàm Quang Thắng, adviser for the National Start-up programme, tells the newspaper Thời báo Kinh Việt Nam (Việt Nam Economic Times) that the toughest challenge facing Vietnamese Agritech start ups is the legal requirements they contend with. What are the factors keeping Vietnamese start-ups in agriculture from catching up with their foreign peers? As we all know the land area under agriculture production in Việt Nam is quite large, with some 12 million ha, excluding forest land and water space reserved for aquaculture. The majority of some 90 million Vietnamese people are engaged in agricultural production. That’s why the potential for start-ups in agriculture technology for Việt Nam is very big. On the other hand it is not easy for Vietnamese people to create successful start-ups in healthcare, education and other fields. In my opinion, Việt Nam has … [Read more...] about Agritech start-ups struggle under complex legal regime
Legal support programs yet to meet demand of businesses
Legal support programs yet to meet demand of businessesVan Nam By Van Nam - The Saigon Times Daily HCMC - The legal support programs for enterprises in HCMC have not met expectations of the business community. The programs should be changed to benefit businesses, especially at a time when Vietnam is intensifying its international integration, experts said at a conference organized on Friday by the HCMC government to review legal support for businesses in the 2012-2015 period. Pham Binh An, director of the WTO Integration Support Center, told the conference that Vietnam has participated in a dozen free trade agreements (FTAs), with nine of them taking effect. The country’s stronger integration requires businesses to improve operations, especially from 2016. An said the center has sent staff to districts to promote 14 legal support programs for enterprises, primarily for small- and medium-sized ones. However, many enterprises still complained that the programs have been of low … [Read more...] about Legal support programs yet to meet demand of businesses
President urges lawyers association to promote legal consultancy
President Quang also urged the VLA to renovate operation, proactively join in the making of laws and policies and recommend initiatives and projects to carry out the Party’s guidelines and the State’s laws. President Tran Dai Quang speaking at the event The association must join hands with relevant judicial agencies to train and select candidates for judicial positions and jury members, helping complete the organization and operation of judicial agencies, he said. The President lauded the significant achievements of the VLA in the past years. With 63,000 members across the country, the association has actively participated in the popularization of law, provision of legal consultancy at grassroots level and prevention of law violations and crimes. The association’s involvement in law building was a highlight in 2017, as it had chaired the drafting of the Law on Commercial Arbitration and the Law on Referendum, which were passed at the 12th and 13th … [Read more...] about President urges lawyers association to promote legal consultancy
Vietnam promotes equal rights among ethnicities both legally and socially
Although each ethnicity has their own cultural identity, the 54 ethnicities share customs and practices in common. Particularly, the Vietnamese people have the long-standing traditions of solidarity and mutual assistance in the fight against foreign invasion, in the exploitation of nature and in the building of the nation. Following Ho Chi Minh’s words: “The Kinh (Viet), the Tho, the Muong, Man, Gia Rai, E De and all ethnicities share customs and practices in common. Particularly, the Vietnamese people have the long-standing traditions of solidarity and mutual assistance in the fight against foreign invasion, in the exploitation of nature and in the building of the nation.a Rai, E De, Xe Dang or Ba Na and other ethnicities in Vietnam are all the whole brothers, the State of Viet Nam has attached special importance to the ethnic policy while ensuring equal rights among all ethnicities and taking due care of all ethnic minorities, especially those living in remote mountainous … [Read more...] about Vietnam promotes equal rights among ethnicities both legally and socially
Vietnamese Government pushes legal framework in dealing with Bitcoin
The Hanoitimes - Vietnamese Government has instructed related administrative agencies to finalize legal framework to manage and deal with electronic money, virtual assets and currencies. Under the instruction of the Deputy Prime Minister Vuong Dinh Hue, ministries and ministerial level agencies are responsible to propose measures to manage some specific economic sectors in January 2018. Notably, the Deputy Minister requested the Ministry of Justice to cooperate with the State Bank of Vietnam (SBV) to finalize legal framework to manage virtual currencies such as bitcoin in Vietnam and finishes the compilation of legal documents in conformity with the Decision No.1255/QD-TTg dated August 21, 2017. Afterwards, the Ministry of Justice will have to collect opinions from relevant ministries. A report on the progress must be submitted to the government for consideration before the end of January. Bitcoin is valued at nearly US$ 17,000 per coin after experienced a drop … [Read more...] about Vietnamese Government pushes legal framework in dealing with Bitcoin
Joint efforts to enhance women’s legal understanding
A judicial official explains a legal document to people in Cu Pui, Krong Bong district, Dak Lak province To this effect, a coordinationprogram was inked in Hanoi on January 5, aiming to ensure women’s access tolegal information, while improving the quality and effectiveness of includinggender equality in law making, particularly women-related laws. VWU President Nguyen Thi Thu Haexpressed her hope that her organization will continue receiving closecollaboration of the ministry in ensuring legal assistance for women, thusenhancing their position and capability in conciliation at grassroots level andinclusion of gender equality in law making. Minister of Justice Le Thanh Longbelieved that the two bodies will better implement their assigned tasks, whilehelping their female staff in particular and women in general well performtheir roles in the society and their families. The program is also expected toaddress the prejudice against women, prevent social misbehavior, and … [Read more...] about Joint efforts to enhance women’s legal understanding