Legal updated

TO INCREASE THE REGION-BASED MINIMUM WAGE FROM JANUARY 01, 2020

17/12/2019 - LABOR - SALARY

The Government promulgates the Decree No. 90/2019/ND-CP prescribing region-based minimum wage levels applicable to employees working under labor contracts on November 15, 2019.

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TO CHANGE THE VALIDITY OF THE FORM OF LICENSE TO MANUFACTURE TOBACCO

06/12/2019 - INDUSTRY

On November 15, 2019, the Ministry of Industry and Trade issues the Circular No. 28/2019/TT-BCT on amending and supplementing a number of Articles of the Circular No. 57/2018/TT-BCT detailing a number of Articles of Decr...

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FROM 2020, PROCEDURES FOR C/O ISSUANCE, INSPECTION SHALL COMPLY WITH THE DECREE NO. 31/2018/ND-CP

06/12/2019 - COMMERCE

On November 14, 2019, the Ministry of Industry and Trade issues the Circular No. 25/2019/TT-BCT on amending and supplementing a number of Articles of the Circular No. 22/2016/TT-BCT dated October 03, 2016 of the Minister...

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FROM 2020, TO SUPPORT UP TO VND 3 BILLION TO REPAIR NATURAL DISASTER PREVENTION AND CONTROL CONSTRUCTIONS

06/12/2019 - NATURAL RESOURCES - ENVIRONMENT

This new provision is amended by the Government in the Decree No. 83/2019/ND-CP on November 12, 2019 on amending and supplementing a number of Articles of the Decree No. 94/2014/ND-CP dated October 17, 2014 on the settin...

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INSTRUCTION ON REGISTER FOR IMPORT OF USED SHIPS FOR DISMANTLEMENT

06/12/2019 - EXPORT – IMPORT

On November 12, 2019, the Government issues the Decree No. 82/2019/ND-CP on import of used ships for dismantlement.

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MAXIMUM INTEREST RATE APPLICABLE TO CALL DEPOSITS AT FOREIGN BANK BRANCHES IS 0.8% PER ANNUM

06/12/2019 - FINANCE - BANKING

On November 18, 2019, the State Bank of Vietnam issues the Decisions No. 2415/QD-NHNN on maximum interest rate applicable to VND deposits of organizations and individuals at credit institutions, foreign bank branches as...

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MICROFINANCE INSTITUTION BRANCH IS ALLOWED TO RECEIVE SAVINGS WITH THE MAXIMUM OF VND 1 MILLION/CLIENT/DAY

06/12/2019 - FINANCE - BANKING

On November 05, 2019, the State Bank of Vietnam promulgates the Circular No. 19/2019/TT-NHNN providing for the operational network of microfinance institutions.

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EACH BUILDING SHALL ONLY HAVE 01 MEZZANINE EXCLUDED FROM NUMBER OF CONSTRUCTION FLOOR

06/12/2019 - INVESTMENT

On November 07, 2019, the Ministry of Construction issues the Circular No. 07/2019/TT-BXD on amending, supplementing and replacing a number of Article of the Circular No. 03/2016/TT-BXD dated March 10, 2016 of the Minist...

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TO INCREASE 10% OF CIVIL JUDGMENT ENFORCEMENT FEE REMITTED TO THE STATE BUDGET

06/12/2019 - TAX – FEE - CHARGE

On October 24, 2019, the Ministry of Finance issues the Circular No. 74/2019/TT-BTC on amending and supplementing Clause 2 Article 9 Circular No. 216/2016/TT-BTC dated November 10, 2016 of the Minister of Finance on pres...

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TO AMEND AND SUPPLEMENT THE TABLE OF REGISTRATION FEE FOR 98 TYPE OF AUTOMOBILE

06/12/2019 - TAX – FEE - CHARGE

On October 25, 2019, the Ministry of Finance issues the Decision No. 2064/QD-BTC on the adjustment and supplementation of the Table of registration fee calculation prices for automobiles and motorcycles.

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TO EXEMPT C/O FORM AHK SUBMISSION FOR GOODS HAVE FOB VALUE NOT EXCEED USD 200

29/11/2019 - EXPORT - IMPORT

On November 08, 2019, the Ministry of Industry and Trade issues the Circular No. 21/2019/TT-BCT on regulating the rules of origin in ASEAN - Hong Kong China Free Trade Agreement.

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FROM JANUARY 01, 2020, INMATE CAN WORK OUTSIDE THE PRISON

29/11/2019 - TAX – FEE - CHARGE

The Law on Execution of Criminal Judgments contains 16 Chapters with 207 Articles, within that the high light provisions are on the management, incarceration, education of inmates. From 2020, shall supplement 02 subjects...

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FROM 2020, NOT PRIORITIZE TO REGISTER PREPAID MOBILE SUBSCRIBER IN COMMUNE POST OFFICE

29/11/2019 - INFORMATION - COMMUNICATIONS

This new content is prescribed in the Circular No. 11/2019/TT-BTTTT dated October 22, 2019 of the Ministry of Information and Communications on amending, supplementing, repealing a number of Article of the Circular No. 1...

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LIFE INSURANCE ENTERPRISES COMMITTING VIOLATIONS ON MONEY LAUNDERING SHALL BE FINED UP TO VND 100 MILLIONS

29/11/2019 - ADMINISTRATIVE

On November 11, 2019, the Government issues the Decree No. 80/2019/ND-CP on amending and supplementing a number of articles of Decree No. 73/2016/ND-CP dated July 1, 2016 of the Government on details of implementation of...

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02 CASE OF POTENTIAL INSOLVENCY CREDIT INSTITUTIONS

29/11/2019 - FINANCE - BANKING

On October 09, 2019, the Governor of the State Bank of Vietnam issues the Decision No. 2109/QĐ-NHNN on announcing the abrogated administrative procedures on payment activities at single window department under the manage...

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