Proposals for draft amended Law on Education by the Ministry of Education and Training (MoET), especially regulations on private nurseries, are raising concerns among the public, including parents and nursery school teachers.
According to the proposals, the number of children in a private nursery classroom may increase from 50 to 70.
The Government issued Decree No. 08/2018/ND-CP (Decree) amending some decrees relating to business investment conditions under the state management of the Ministry of Industry and Trade.
Question: What are the new business conditions in some fields?
The speedy repossession of collateral is a credit-positive step for Vietnamese banks, which continue to grapple with legacy asset-quality issues caused by rapid credit growth and loose underwriting standards of the past decade, Moody’s Investors Services said in a note on Monday.
Vietnam’s fintech ecosystem is on the rise fueled by a surge in foreign investor interest and a desire from the government to boost fintech development.
The launch of the SBV Steering Committee on Fintech in March hinted at the government’s stance on financial innovation and brought clarity on some of the undergoing initiatives from the public sector.
The State Bank of Việt Nam (SBV) is drafting a law on supporting credit institutions to restructure and resolve bad debt in an effort to quicken the process.
The incomplete legal framework for handling poorly-performing banks and bad debts is hindering the restructuring of credit institutions, according to SBV.
Foreign shipping lines will have to publicise charges, surcharges of freight services for containerised goods, and port service charges from July 1, 2017.
The Vietnamese government officially issued Decree No. 146/2016/ND-CP late last year, mandating the publication of these charges after months of consideration.
Investors need to look beyond first-tier cities and at new types of assets to make profits, including emerging markets such as Việt Nam, as the Asian property market slows.
This was stated in a report on real estate tips for the Asia-Pacific market 2017, released by Savills Việt Nam on March 3.
The Ministry of Planning and Investment is expecting a wave of private investment into the infrastructure sector as it collects comments on the revision of legal documents pertaining to public-private partnership projects and selection criteria with the aim of attracting more investors.
The State Bank of Vietnam (SBV) currently encourages mergers and acquisitions (M&A) for weak credit institutions based on voluntary spirit and the assurance of relevant rights for both parties. However, this will turn into a compulsory activity if these institutions do not volunteer.
HCM City’s Department of Education and Training is seeking help from overseas Vietnamese educators who can set up training models that meet international standards and provide capital to build schools and buy teaching aids.