Hanoi (VNS/VNA) 🗹- In the draft amendments to the Law on Enterprises, the Ministry of Planning and Investment has proposed expanding the subjects eligible to establish businesses by revising and supplementing the provisions in Article 17 of the 2020 Law on Enterprises.
This amendment aims to allow public employees who are scientists to establish and manage businesses that trade in researched scientific products. The goal is to enhance the commercialisation and transfer of scientific and technological research results.
Nguyen Minh Thao, Head of the Business Environment and Competitiveness Research Department at the Central Institute for Economic Management (CIEM), believes it will create a more favourable environment for individuals to participate in business activities.
“This is an opportunity to realise the goal of promoting science and technology as a new driver of economic growth while ensuring a more favourable business environment, Thao said.
It will also help maximise the role of Vietnamese entrepreneurs in this new era.”
The Ministry of Planning and Investment has also proposed additional sanctions against enterprises that violate business registration regulations.
It aims to address negative practices that have arisen, including false capital contributions, fictitious capital increases and the establishment of businesses for non-commercial purposes.
In the draft law, the ministry suggests strengthening supervision, inspection and specific penalties for such enterprises. This includes adding requirements to the registration dossier, such as financial documents proving the financial capacity of individuals and organisations acquiring shares, contributing capital members and shareholders.
These measures aim to ensure their ability to fulfil payment obligations and contribute enough transferred capital. The provisions are designed to curb practices including false registered charter capital or shell companies acquiring controlling stakes in businesses to engage in unlawful activities.
Thao emphasised the need to strengthen penalties for violations of business registration. This will ensure that business registration activities comply with regulations and that enterprises fulfil their commitments upon entering the market.
If approved, these proposed reforms will facilitate smoother, more dynamic and transparent market entry for businesses./.
Through Drinktec, the Vietnamese beverage industry can update digital techniques and technologies as well as green and circular technology transformations, while strengthening connections with partners and expanding the markets.
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Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
