New decree to set stage for innovative start-up economy
Vietnam is developing a decree to promote innovative start-ups, with the aspiration of building an innovation-driven economy in line with digital transformation and sustainable development.
Co-operative development assistance fund established
A fund for co-operative development assistance will be established under a newly-issued decree issued by the government, given that co-operatives are playing an increasingly important role in Vietnam’s economy.
Ban on drinking scenes on TV
As part of a new decree, actors on TV or in film will only be able to drink alcohol in scenes which depict historical figures or condemn this behaviour.
New decree to better regulate ride-hailing firms
The Government’s new decree on automobile transportation is expected to help get the transportation market back on track, according to the Ministry of Transport.
New decree to protect genetic resources from foreign loss
A newly effective bill, the government’s Decree No. 59/2017 on the management of access to genetic resources and the sharing of their benefits (issued on May 12, 2017), is expected to protect the country’s rich genetic resources.