On 27 July 2021, the Ministry of Industry and Trade of Vietnam proposed, in writing, to the Prime Minister a new approach to the essential goods which are allowed to circulation across the country. Accordingly, the Official Dispatch No. 4482/BCT-TTTN reported to the Prime Minister that the applicable instructions are set to enlist the essential…

In the middle of 2020, the State Bank of Vietnam (“SBV“) released a draft Decree on Fintech Regulatory Sandbox in Banking Sector (“Draft Decree“) for public consultation. The Draft Decree expects the Fintech Regulatory Sandbox (“Sandbox“) will enhance the disruptive innovation, establish an experimental playground, protect the service users and set the foundation for definite…

On 15 June 2021, the Prime Minister of Vietnam ratified the Decision No. 942/QD-TTg approving the e-Government development strategy towards the digital Government in the 2021 – 2025 period, with a vision to 2030 (“Decision 942”). Among others, it is worth noting that the Prime Minister instructed the State Bank of Vietnam to preside over…

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