Ethnic students to get free schooling Society

Ethnic students to get free schooling

Students from the smallest ethnic minority groups at all education levels will be exempted from education fees beginning in March this year following a recently issued Government decree.

Decree hopes to protect holders of convertible bonds

A new Government decree requires the sellers of convertible bonds to clarify all risks for potential buyers, as well as propose a risk-provision plan to protect the interests of existing bond holders whenever additional shares or bonds are issued.

Ministry drafts tougher rules on mobile promotions

Representatives of the nation’s seven mobile service providers offered comments on a draft circular that would regulate customer promotions in the telecommunications sector, at a recent meeting conducted by the Ministry of Information and Communications in Hanoi.

Gov't improves unsecured loan eligibility for farmers

Farmers will be allowed to borrow up to 500 million VND (26,300 USD) without collateral, five times higher than the current limits, according to a Government decree on credit regulations intended to raise agricultural and forestry production.

Genetically modified products found in markets

Genetically modified organisms (GMO) are found in more than a third of processed and unprocessed agricultural produce sold in HCM City markets and supermarkets, a report by the Department of Science and Technology has revealed.

New rules on credit rating agencies

Credit rating agencies must have at least 30 billion VND (1.57 million USD) in charter capital and established agency relationship with at least 20 financial institutions in order to be licensed by the State Bank of Vietnam, pursuant to a Government decree issued on Feb. 23.

Hanoi gets tough on internet shops

The Hanoi Department of Information and Communications just began its stricter management initiative on internet shops, due to the large number of violations in trade registration and using distorted and pornographic information.

Vietnam set on 50 pct rate of exclusive breastfeeding

Vietnam is determined to raise the country’s rate of exclusively feeding infants with breast milk for six months after delivery to 50 percent, health authorities said in the “Call for Action” launched on July 31.

State-owned enterprises to meet restructuring deadline

Prime Minister Nguyen Tan Dung has requested the transformation of wholly State-owned enterprises be speeded up to ensure all of them start operating as joint stock or limited liability companies by July 1 next year in accordance with the deadline set by the Enterprise Law.