Last November, the State Bank has gathered opinions on the Draft replacing Decree No. 101/2012/ND-CP on non-cash payments (“the Draft”)[1], in which a noteworthy point is the regulation on the maximum capital contribution ratio of foreign investors in the field of intermediary payment services. Specifically, foreign investors may only own, directly or indirectly, no more

I. AMENDMENTS TO THE LAW ON INSURANCE BUSINESS AND LAW ON INTELLECTUAL PROPERTY 2019 To ensure the implementation of the Comprehensive and Progressive Trans – Pacific Partnership (CPTPP), the National Assembly has passed the Amendments to the Law on Insurance Business and Law on Intellectual Property under simplified procedures, taking effect as of 01/11/2019, except

1. DECREE 39/2019/ND-CP “Regulations on organization and operation of small and medium enterprise development fund”

1. DECREE 05/2019/ND-CP “Regulations on internal audit”

1. RESOLUTION 01/2019/NQ-HDTP “Guidance on interest, interest rate in property loan agreement”

1. DECREE 163/2018/ND-CP “New regulations on bond issuance“

1. CYBERSECURITY LAW 2018 “Cybersecurity Law introduced into effect for the first time“

1. CIRCULAR 17/2018/TT-NHNN “Simplifying conditions for founding shareholders of joint-stock commercial banks“

1. COMPETITION LAW 2018 “New regulations in the field of competition“

1. DECREE 38/2018/ND-CP “Establishment of Fund for innovative start-up investment for small and medium enterprises“