Legal updated

FINANCIAL AUTONOMY’S MECHANISM OF PUBLIC NON-BUSINESS UNITS

03/10/2022 - FINANCE - BANKING

On September 16, 2022, the Ministry of Finance issues Circular No. 56/2022/TTBTC guiding a number of contents of financial autonomy of public non-business units; processing assets and finance upon reorganization or disso...

SBV: SHARPLY INCREASES IN INTERESTS FROM SEPTEMBER 23, 2022

03/10/2022 - FINANCE - BANKING

Accordingly, the maximum interest rates applicable to VND deposits of organizations and individuals at credit institutions and foreign bank branches all increase.

From October 01: Repeal the regulations on localization rates of automobiles

26/09/2022 - SCIENCE – TECHNOLOGY

From October 01: Repeal the regulations on localization rates of automobiles

HCMC: ENTERPRISE MUST UPDATE IDENTITY CARD NUMBERS IN VSSID

26/09/2022 - INDUSTRY

On August 27, 2022, Ho Chi Minh City Social Security issues Official Dispatch No. 4887/BHXH-CNTT regarding the additional update of citizen’s identity card numbers/personal identification numbers of insurance participant...

FREE ISSUANCE AND USAGE OF ELECTRONIC IDENTIFICATION ACCOUNT

26/09/2022 - INFORMATION - COMMUNICATIONS

This is the content prescribed in Decree No. 59/2022/ND-CP dated September 05, 2022, of the Government on electronic identification and authentication.

BOND PAR VALUE OF PRIVATELY CORPORATE INCREASES 1,000 TIMES

26/09/2022 - FINANCE - BANKING

In previous regulations, the par value of bonds privately placed/offered in the domestic market is VND 100,000 (one hundred thousand) or its multiples.

MOT: List of products and goods subject to certification before customs clearance

19/09/2022 - TRANSPORT

On June 30, 2022, the Ministry of Transport issues Circular No. 12/2022/TT-BGTVT providing the List of potentially unsafe products and goods subject to state management.

5 prohibited acts for foreign non-governmental organizations

19/09/2022 - AGRICULTURE – FOREST

On August 31, 2022, the Government issues Decree No. 58/2022/ND-CP on the registration and management of foreign non-governmental organizations in Vietnam.

8 cases for mandatory face masks for COVID-19 prevention and control

19/09/2022 - MEDICAL – HEALTH

This is the content prescribed in the Guidance on using face masks in public places for COVID-19 prevention and control issued with Decision No. 2447/QD-BYT dated September 06, 2022, of the Ministry of Health.

Hanoi controls the land auction, reviews the risk of the real estate bubble

19/09/2022 - LAND – HOUSING

On August 26, 2022, Hanoi People's Committee issues Official Dispatch No. 2807/UBND-TNMT on strengthening the land management in the City.

INFORMATION SYSTEM LOGS MUST BE STORED FOR AT LEAST 12 MONTHS

12/09/2022 - SECURITIES

This noticeable content is prescribed by the Government in the Decree No. 53/2022/ND-CP dated August 15, 2022, detailing a number of articles of the Law on Cyber Security.

FROM OCTOBER 01, REPEAL 3 LEGAL DOCUMENTS ON DETERMINATION OF LOCALIZATION RATES OF AUTOMOBILES

12/09/2022 - INDUSTRY

The Circular No. 11/2022/TT-BKHCN on repealing a number of legal normative documents defining methods of determination of localization rates of automobiles promulgated by the Minister of Science and Technology is issued...

FUNCTIONS, TASKS AND ORGANIZATIONAL STRUCTURE OF THE MINISTRY OF CONSTRUCTION

12/09/2022 - ORGANIZATIONAL STRUCTURE

On August 08, 2022, the Government issues the Decree No. 52/2022/ND-CP defining the functions, tasks, powers and organizational structure of the Ministry of Construction.

3 CASES SUBJECT TO SUSPENSION OF ENTITLEMENT TO MONTHLY SOCIAL ALLOWANCE

12/09/2022 - SECURITIES

The Minister of Labor, Invalids and Social Affairs issues the Circular No. 02/2021/TT-BLDTBXH guiding the implementation of a number of articles of the Government’s Decree No. 20/2021/ND-CP dated March 15, 2021, providin...

PRIORITY POLICIES BY REGIONS IN ENROLLMENT IN BACHELOR DEGREE PROGRAMS IN EARLY CHILDHOOD EDUCATION

12/09/2022 - EDUCATION – TRAINING – VOCATION

On June 06, 2022, the Ministry of Education and Training issues the Circular No. 08/2022/TT-BGDDT promulgating the Regulation on enrollment in bachelor and associate degree programs in Early Childhood Education.