New policy on reducing credit limits to have impacts on big banks, groups

Tuesday, Jul 02, 2024

A new regulation on reducing the bank credit limit for large customers under the amended Law on Credit Institutions, will adversely affect both banks and large enterprises, experts said.

New law expects to boost financial leasing

Friday, Mar 22, 2024

The law, which will take effect from July 1 this year, allows financial leasing companies to establish subsidiaries to handle and exploit bad debt assets. It also states that small financial leasing deals with value under VNĐ100 million do not...

Bad debt recovery faces many challenges in 2024

Wednesday, Feb 07, 2024

Under the amended Law on Credit Institutions recently passed by the National Assembly, credit institutions do not have the right to repossess collateral.

NA discusses amended Law on Credit Institutions during extraordinary general meeting

Tuesday, Jan 16, 2024

After the adoption of the amendments, the law consisted of 15 chapters and 210 articles. It is anticipated that the law will come into effect on January 1, 2025.

Amended law on electronic transactions to hasten digital transformation

Wednesday, Jun 21, 2023

If the revised regulations are successfully implemented, administrative procedures will be much simpler and costs will be reduced for individuals and firms.

Law expected to be revised to improve safety of the banking system

Friday, Nov 04, 2022

The SBV expected the amendment of the Law on Credit Institutions will prevent cross-ownership and governance abuse of major shareholders to manipulate the operations of credit institutions.

Minister presents draft amended Law on Electronic Transactions

Tuesday, Oct 25, 2022

The draft, comprised of eight chapters and 58 articles, has been drawn up in line with the nine policies specified in the governmental Resolution 152.

Evaluation of land prices key to market transparency

Tuesday, Sep 20, 2022

The draft amended Law on Land removed the State-regulated land price table and aimed to set more market-based land prices.

Experts discuss draft amended Law on Land

Tuesday, Aug 09, 2022

Experts from 25 northern provinces and cities contributed opinions to the draft amended Law on Land during a conference on Monday in Ha Noi.

Setting rules for household businesses poses questions

Wednesday, Mar 11, 2020

Regulating household businesses in Viet Nam is posing several problems as lawmakers debate whether the rules should be included in the amended Law on Enterprise or developed into separate legislation.

Top 10 landmarks on the stock market in 2019

Friday, Dec 27, 2019

The 14th National Assembly on November 26 approved the amended Law on Securities during its eighth meeting. The new law will take effect from 2021.

Household businesses to be regulated: NA deputies

Saturday, Nov 16, 2019

A number of National Assembly (NA) deputies agreed household businesses should be subject to the amended Law on Enterprises on Friday.

Concerns persist over taxation of foreign e-commerce firms

Monday, Jun 24, 2019

The passing of the amended Law on Tax Management by the National Assembly is expected to improve the taxation on e-commerce activities.

Draft law on public investment proposed

Wednesday, Oct 24, 2018

Minister of Planning and Industry Nguyen Chi Dung asked the National Assembly to review the draft of the amended Law of Public Investment on Tuesday afternoon.

Draft law lifts banks’ role in e-commerce

Monday, May 07, 2018

Payments for e-commerce transactions must be made via banks or authorised payment intermediary services, according to the draft of the amended Law on Tax Management.