Vietnam is believed to possess great potential for developing offshore wind power, but a friendlier legal framework is still needed to attract more foreign investment to this type of renewable energy, an insider has said.
Improving the policy system and legal framework based on international trade practice is one of the important factors for Vietnam to integrate more deeply into the global value chains and attract investment capital from Europe as well as create a level playing field for domestic and foreign enterprises, Ambassador Giorgio Aliberti, Head of the European Union Delegation to Vietnam, has said.
A delay in issuing official legal regulations on managing cryptocurrencies will cause a rise in the risks of fraud and theft related to virtual assets, experts have warned.
Experts have warned that a firm legal framework and strict punishment measures are needed to manage virtual financial investment platforms, which they say are now out of control.
Vietnam needs to develop a proper legal framework to manage e-commerce on social networks in the context that e-commerce was booming in the country, according to the Vietnam Chamber of Commerce and Industry (VCCI).
Vietnam has been striving to improve its legal framework and policies on science and technology in order to boost productivity and economic competitiveness and make innovation a driver of growth.
The Government has been urged to develop a legal framework for the Small- and Medium-sized Enterprises (SMEs) Development Fund in terms of direct lending, in addition to trust and indirect lending services provided through commercial banks, to provide broader access to soft loans by SMEs.
The COVID-19 pandemic has revealed the weak points and vulnerability of the international community as well as loopholes in the global legal systems, which must be addressed so as to increase resilience and enhance capacity to cope with future pandemics and challenges, said Ambassador Dang Dinh Quy, head of Vietnamese mission to the UN.
The National Assembly's Social Affairs Committee, on September 24, organised a workshop to collect feedback on the draft revised Law On Drug Prevention and Control and Law on amendments and supplements to several articles of the Law on HIV/AIDS Prevention and Control.
The updated NDC of Vietnam identifies mitigation measures for the 2021-2030 period, and strategic adaptation tasks and measures to minimize damage caused by climate change that are specific to each sector.
Peer-to-peer (P2P) lending companies expect that the sandbox for fintech would eliminate unscrupulous businesses and help the market grow significantly.
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.
Legislators continued online discussions of a report from the National Assembly (NA)’s supervision delegation regarding the enforcement of policies and laws on child abuse prevention and control on the afternoon of May 27.
The Vietnam Real Estate Association has proposed the Government develop measures with a focus on credit and tax support, together with improving the legal framework for new property products so as to aid the property market to overcome this difficult period.
The northern mountainous province of Yen Bai granted in-principle approval for 15 investment projects worth a total 3 trillion VND (nearly 130 million USD) during a meeting with investors on March 1.
Detailed regulations are needed to promote a healthy condotel market, which has been going off-track for years due to an unclear legal framework, experts have said.
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