With the EU-Vietnam Free Trade Agreement coming into force, Vietnam’s investment and trade ties with the European Union are expected to receive a new boost. However, materialising these expectations depends largely on the success of the country’s efforts to accelerate regulatory reforms.
Tax policies are being specified while customs procedures simplified to improve the legal framework to facilitate the European Union – Vietnam Free Trade Agreement (EVFTA) enforcement.
Many business owners in the southern province of Dong Nai, a major industrial hub in Vietnam, have expressed delight at the National Assembly (NA) ratifying the EU-Vietnam Free Trade Agreement (EVFTA) and the Investment Protection Agreement (EVIPA) on June 8.
VOV.VN - With Vietnam currently being home to 70 credit institutions along with payment intermediaries such as e-wallets which provide financial services through the Internet and mobile phones, experts in the field have underlined the need to complete the legal corridor to promote the development of digital banking in the future.
As less than 10 FIEs have been listed on the local stock exchanges during the past 16 years, it is becoming an urgent need to overhaul the legal framework in the field as more and more investors set foot in Vietnam.
A legal framework will be built for Vietnam to handle fake news and toxic information spread online, a minister said Friday.
Việt Nam needs a proper legal framework for financial technology (fintech) services, a State Bank of Vietnam official said on August 20.
Social media spreads information and disinformation rapidly, exerting a big influence on the public and businesses, and so the Government needs to have policies in place to manage and regulate it, a senior academic has said.
Challenges related to network security, customer trust and an inadequate legal framework are road blocks to the digital transformation of Vietnamese banks, experts told a recent conference in HCM City.
VOV.VN - Experts have called for greater efforts to complete institutions and fundamental conditions for the development of the digital economy in Vietnam.
The State Bank of Vietnam (SBV) has continued to urge relevant ministries to revise legal frameworks in order to allow large State-owned commercial banks to use the State budget for their capital increases.
Domestic and foreign delegates to the second Asia-Pacific Cooperative Registrars’ Forum in Ho Chi Minh City on April 18 emphasised the need to complete a legal framework to facilitate the development and effective operations of cooperatives.
It is necessary to complete a legal framework for business households so as to promote their development and contributions to the economy, experts have said.
VOV.VN - A bright future lies ahead for the nationwide expansion of public-private partnership model following the initial results of implementing many infrastructure projects and investment flows on the upward path.
The Vietnam Agency for Radiation and Nuclear Safety (VARANS) in conjunction with the European Union (EU) held a conference in Hanoi on April 4 to introduce the outcomes of a project strengthening the capacity and efficiency of the VARANS and its technical support provision.
The first edition of the Vietnam industrial real estate forum will be held in Hanoi on April 23 by the Central Institute for Economic Management (CIEM), the Vietnam Real Estate Association (VNREA), and Thuong Gia (Merchant) Magazine.
VOV.VN - The State Bank of Vietnam has not granted permission to any virtual and crypto currency trading platforms in Vietnam.
The adoption of the Law on Belief and Religion in 2016 was an important legal reform in Vietnam, creating a firm legal framework to better ensure citizens’ rights to freedom of belief and religion.
Despite being seen as a potential blockchain development nation, Vietnam lacks a proper legal framework which may prevent the country maximise benefits from the emerging industry.
Prime Minister Nguyen Xuan Phuc has proposed the World Bank (WB) to continue its non-refundable aid for Vietnam in institutional reform, legal framework improvement and economic restructuring.