Keywords
law
management
finance
banking
How to Cite
Abstract
The underground economy exerts a significant influence on Vietnam's economic landscape, particularly within the financial sector. Given the high level of openness in this sector, it becomes particularly vulnerable to the impact of underground economic activities. Moreover, the existing legal framework that governs the underground economy within Vietnam's financial sector is still incomplete, resulting in legal gaps that underground operators exploit to their advantage. This exploitation has severe repercussions, causing detrimental effects on the economy, and the state budget, and impeding the legitimate rights and interests of numerous citizens. In light of this, it is imperative to adopt a comprehensive array of measures aimed at preventing and addressing underground economic activities in the public financial sector, as well as curbing illicit underground practices related to taxation and fees. These are such important measures that can significantly contribute to the enhancement of laws pertaining to the management of the underground economy within Vietnam's financial sector.
References
DAO XUAN HOI, NGUYEN VINH HUNG & NGUYEN DUC ANH (2023). “Requirements and recommendations to ensure social security for people working in the informal economy sector in Vietnam”. Journal of Namibian Studies, Vol. 33 (2023): Special Issue 3, e-ISSN 2197-5523, Publication date: May-22-2023, DOI: https://doi.org/10.59670/jns.v33i.1970 , https://namibian-studies.com/index.php/JNS/article/view/1970 , p. 932.
ECONOMICHELP (2019). “Underground Economy - definition, problems and causes”. Retrieved May 14, 2023, from https://www.economicshelp.org
FRIEDRICH SCHNEIDER & ROBERT KLINGLMAIR (2004). “Shadow economies around the world: What do we know? CESifo Working Paper NO. 1167”. Category 1: Public finance, April 2004.
HUNG, N. V., THINH, T. C., & DUY, N. D. (2022). “Cooperative Group in Current Vietnamese Commercial Environment”. International Journal of Professional Business Review, 7(6), https://doi.org/10.26668/businessreview/2022.v7i6.e509
HUNG, N. V., HOI, D. X., & DUY, N. D. (2023). “The Organizational Structure of the Securities Company Under the Law of Vietnam Current”. International Journal of Professional Business Review, 8(5), https://doi.org/10.26668/businessreview/2023.v8i4.2012
NATIONAL CENTER FOR SOCIO-ECONOMIC INFORMATION & FORECAST (2011). “Identifying underground economy in Vietnam today”. Retrieved May 23, 2023, from http://thongtindubao.gov.vn/Pages/NewsDetail.aspx?newid=15861
NGUYEN DINH CUNG (2003). “"Iceberg" Underground Economy”. Retrieved May 13, 2023, from https://cuoituan.tuoitre.vn/tang-bang-kinh-te-ngam-8092.htm
NGUYEN NGOC CHI (2022). “Commentary on offenses against economic management order in the 2015 Criminal Code, amended and supplemented in 2017. National Political Publishing House.
NGUYEN VINH HUNG (2020). “Law on Personal Income Tax: Some shortcomings and recommendations”. Vietnam Journal of Science, Technology, and Engineering, No.04.
NGUYEN VINH HUNG (2019). “The impact of the underground economy on the economy, society, and law”. Journal of Economic Studies, 7(03).
NGUYEN VINH HUNG (2020). “Managing the type of "underground economy" in Vietnam today”. State Management Review, 299 (12).
NGUYEN VINH HUNG (2023). “Underground economy in the context of the fourth industrial revolution”. Journal of Political Theory, No.13.
NGUYEN VINH HUNG (2023). “Characteristics of the underground economy in Vietnam”. Lex Humana, 15(3). Retrieved from https://seer.ucp.br/seer/index.php/LexHumana/article/view/2537
NGUYEN VINH HUNG (2023). “A perspective from civil relations on the transfer of two-price Real estate”. Journal of Legislative Studies, No.01&02.
ONLINE FINANCIAL MAGAZINE (2019). “Bringing the underground economy to light: What are the benefits to the economy”. Retrieved May 29, 2023, from https://tapchitaichinh.vn/dua-kinh-te-ngam-ra-anh-sang-mang-lai-loi-ich-gi-cho-nen-kinh-te.html
PHAM QUANG VINH (2011). “Macroeconomics”. Vietnam National University Publishing House VNU - University of Economics and Business.
VIETNAM ECONOMIC NEWS (2022). “Expert speaks about the method of recovering funds from corporate bonds related to Vạn Thịnh Phát, Tân Hoàng Minh”. Retrieved May 24, 2023, from https://congthuong.vn/chuyen-gia-noi-ve-cach-thu-hoi-tien-mua-trai-phieu-doanh-nghiep-lien-quan-van-thinh-phat-tan-hoang-minh-226889.html
VIETNAM ELECTRONIC FINANCE NEWSPAPER (2022), “Unveiling the scheme of raising bonds to deceive, misappropriate assets, and embezzle capital”. Retrieved May 24, 2023, from https://vietnamfinance.vn/boc-tran-chieu-huy-dong-trai-phieu-de-lua-dao-chiem-doat-tai-san-chiem-dung-von-20180504224273897.htm
VIETNAM OPEN EDUCATIONAL RESOURCES (2017). “Underground Economy”. Retrieved May 23, 2023, from https://voer.edu.vn/m/kinh-te-ngam/0d88638b
VIETNAM PEACE & DEVELOPMENT FOUNDATION (2020). “A look at the underground economy in Vietnam”. Retrieved May 28, 2023, from http://vpdf.org.vn/tin-tuc-su-kien/Kinh%20t%E1%BA%BF%20-%20Ph%C3%A1t%20tri%E1%BB%83n/mot-cai-nhin-ve-nen-kinh-te-ngam-o-viet-nam.html
VIETNAMNET ELECTRONIC NEWSPAPER (2020). “Famous YouTubers evading taxes may face criminal prosecution”. Retrieved January 27, 2023, from https://vietnamnet.vn/vn/kinh-doanh/tai-chinh/youtuber-noi-tieng-tron-thue-bi-xu-ly-hinh-su-694401.html
VNEXPRESS ELECTRONIC NEWSPAPER (2022). “Reducing transfer taxes will address the issue of dual pricing for land”. Retrieved May 14, 2023, from https://vnexpress.net/ha-thue-chuyen-nhuong-se-giai-quyet-thuc-trang-dat-hai-gia-4532562.html
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Copyright (c) 2023 Lex Humana (ISSN 2175-0947)