At the workshop This was put forth by experts and policymakers at the workshop themed “Vietnam legislation – ready for integration?” organised by the Vietnam Chamber of Commerce and Industry (VCCI) in Hanoi recently. The delegations at the conference provided an update on the current situation and offered their opinions about the regulatory system. The conference is organised to evaluate Vietnam's new position attained through its active participation in international trade agreements which necessitate the reviewing and amendment of many legal documents. This requires the quality of legal documents to be improved to make sure newly issued documents will not have to be amended after they are found unfeasible or contradictory to other documents. It will also have to be made sure that they do not create new legal barriers for businesses, or negatively affect economic development. TheLaw on Promulgation of Legislative Documents provides clear regulations on … [Read more...] about Vietnam legislation: ready for integration?
Dau anh tuan
The conference on amending the laws on investment and enterprise Yesterday (October 15), a conference collecting comments for the draft Law on Investment and Law on Enterprises took place in Hanoi with the participation of the Ministry of Planning and Investment, economic experts, businesses, and legal firms. Nguyen Anh Tuan, editor-in-chief of nhadautu.vn newswire, said that perfecting institutions and policies for a transparent legal framework and international integration is a major target for the government and the National Assembly. Laws on investment and business are being built to submit to the National Assembly's next meeting session, including the amended Law on Investment and Law on Enterprise, which are in the centre of attention for foreign and local investors. Opening the conference, Deputy Minister of Planning and Investment Vu Dai Thang highly appreciated the meeting, which is held a day before these two drafts are reported to the National Assembly Standing Committee … [Read more...] about Amending investment and enterprise laws to guarantee investor rights
"Early Spring Dance" – a photo by Hang Ross displayed at For a Liveable Hanoi The exhibition "For a Liveable Hanoi" depicts the emotions, space, and life that make Hanoi worth living not only for Hanoians but also for immigrants and tourists. The exhibition shows Hanoi through images and stories of insider photographers who were born and are living in Hanoi. The exhibition attracted great attention from the people of the capital Photography content is grouped into three main collections. The first set of photographs depicts Hanoi’s majesty through its landscape, architecture, and public spaces, the second showcases the everyday life of the people of Hanoi, and the third illustrates the connections, understanding, equality, and tolerance among Hanoians, immigrants, and visitors. "Carefree" – photo by Hoang Anh Tuan The majesty of Hanoi shown through the landscape Besides the photo collections, there is also an … [Read more...] about The stories to be told via the For a Liveable Hanoi photo exhibition
A corner of Sao Mai Solar PV1 plant in the southern province of An Giang,- VNA/VNS Photo Cong Mao The current FiT of 9.35 US cents per kWh has been applied for all kinds of solar technologies, including floating solar power projects, ground-mounted solar power projects and rooftop solar power projects, under the FiT programme between June 1, 2017 and June 30, 2019, in which the investors enjoy price incentives for 20 years. In a draft decision by the Ministry of Industry and Trade (MoIT) recently submitted to Prime Minister Nguyen Xuan Phuc for consideration, the FiT will change for different types of technology as of this year. The ministry proposed to reduce the buying price to 7.69 cents per kWh for floating solar power projects and 7.09 cents for ground-mounted solar power projects. Meanwhile, the rate of 9.35 US cents will be maintained for rooftop solar power projects. Speaking with local media at the Energy Week 2019 which took place in Ha Noi on Tuesday, Deputy Director of … [Read more...] about New FiT rate to promote investment in solar energy
Participants at the seminar held on Tuesday to discuss the amendments to the laws of Enterprises and Investment. — Photo thoibaotaichinhvietnam.vn The stability of the regulatory system is key to luring foreign investment into Viet Nam and the rights and benefits of foreign investors must be assured even when policies are changed, officials and executives have said. They urged that government agencies must acknowledge this when making amendments to the laws of Enterprises and Investment. Though many countries and territories have entered Viet Nam, the presence of high-tech enterprises was limited, vice chairman of the Vietnam Association of Foreign Investment Enterprises (VAFIE) Nguyen Van Toan said. European and American investors were concerned by the lack of rigid policies on corporate transparency and intellectual protection, he told a seminar on Tuesday. In addition, regulations had been changed constantly, making it harder for them to invest in Vietnamese assets, he said. … [Read more...] about Consistent policies key to draw foreign investment: officials