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Official Gazette

Monday, March 20, 2023
Export prices of Vietnamese rice up nearly 10 percent Export prices of Vietnamese rice up nearly 10 percent
The export prices of Vietnamese rice in the first two months of 2023 rose by 9.8 percent year-on-year to USD 528.5/ton, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnams overseas investments rise sharply in January-February Vietnam’s overseas investments rise sharply in January-February
Vietnam’s outbound investments reached USD 115.1 million in the first two months of this year, 2.16 times higher than that the same period last year, according to the General Statistics Office (GSO) under the Ministry of Planning and Investment.
Creating a company in Vietnam: an LLC or a JSC? Creating a company in Vietnam: an LLC or a JSC?
Limited liability companies (LLCs) and joint stock companies (JSCs) remain the two forms of companies that are most commonly used in practice in Vietnam. Sometimes, the choice may be difficult for a foreign investor, especially when he/she/it wants to cooperate with a local investor to set up a new company. This article provides an overview of the legal framework relating to LLCs and JSCs and suggests some practical inputs for reflection with respect to this topic.
Ministry proposes a hike in special consumption tax on cigarettes beer spirits Ministry proposes a hike in special consumption tax on cigarettes, beer, spirits
The Ministry of Finance has proposed to increase the special consumption tax (SCT) on a number of items harmful to health including tobacco, beer, and alcoholic products to limit imports, production and consumption.
Central bank improves legal framework for bank guarantee Central bank improves legal framework for bank guarantee
The State Bank of Vietnam (SBV) has recently released Circular 11/2022/TT-NHNN to improve the legal framework for bank guarantee to better suit international practices and comply with Vietnam’s relevant regulations such as the Law on Real Estate Business, Law on Investment, and Civil Code.
National Assembly approves Resolution to prioritize development of nations labor force National Assembly approves Resolution to prioritize development of nation's labor force
Developing Vietnam's labor force remains a key priority for the country in the coming decades, according to a governmental resolution approved by the National Assembly (NA) recently.
Home Credit is recognized as one of Vietnams Top 100 Sustainable Companies thanks to its excellent ESG strategy Home Credit is recognized as one of Vietnam’s Top 100 Sustainable Companies thanks to its excellent ESG strategy
At the announcement ceremony of the Vietnam Corporate Sustainability Index (CSI) Enterprises 2022 on December 1st, Home Credit was honoured among the Top 100 Sustainable Companies (CSI 100), proving its excellence in meeting the rigorous criteria of this recognition. The award affirms Home Credit's sustainability strategy and Environment, Social, and Governance (ESG) policy in Vietnam, helping to strengthen the Company’s relationships with its customers, communities, employees, and other stakeholders.
Responsibilities of business entities in consumer information protection under Vietnams current legislation Responsibilities of business entities in consumer information protection under Vietnam’s current legislation
This article analyzes current regulations on responsibilities of business organizations and individuals in consumer information protection and proposes recommendations for improvement of these regulations.
Tetra Pak and Veca cooperate to expand used beverage cartons collection to 18 districts in Ho Chi Minh City Tetra Pak and Veca cooperate to expand used beverage cartons collection to 18 districts in Ho Chi Minh City
Since October 2022, the collection of used beverage cartons via the VECA app has been extended to 18 districts in Ho Chi Minh City, an increase of 4 districts compared to the first phase. The four districts, namely Tan Phu, Go Vap, Binh Tan and Thu Duc, are among the largest districts of Ho Chi Minh city. Tetra Pak and VECA have established additional collection sites at 10 condominiums in the city.
New rule to secure fair competition between domestic and foreign radio and TV service providers New rule to secure fair competition between domestic and foreign radio and TV service providers
All domestic and foreign radio and TV service providers operating in Vietnam will compete on a level footing and are equal before law. This is the target set by the Government when revising Decree 06 of 2016 on management, provision and use of radio and television services. The new decree, coded 71/2022/ND-CP, which amends 15 out of 32 articles of Decree 06.

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