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THE PROCEDURE FOR ORGANIZING ONLINE AUCTIONS FROM SEPTEMBER 01, 2023

On July 03, 2023, the Government issues Decree No. 47/2023/ND-CP on amending and supplementing a number of articles of Decree No. 62/2017/ND-CP on detailing a number of articles of and providing measures to implement the Law on Property Auction.

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SBV PROVIDES VND 15 TRILLION-CREDIT PACKAGE TO SUPPORT FORESTRY, FISHERY BUSINESSES

On July 19, the State Bank of Vietnam (SBV) issued Document 5631/NHNN-TD, guiding commercial banks to implement a credit package, worth VND 15 trillion (USD 641 million), for businesses in the forestry and fishery sector.

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MPI PROPOSES STRICTER REGULATIONS ON PROVISIONS OF LOANS FOR SMES

An enterprise that has already taken out a loan from the Small and Medium Enterprise Development Fund might borrow more money from the Fund to carry out another production and business project, but on the condition that it has paid the principal and interest of the former loan fully and timely.

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PAPERS NEEDED FOR CASH DECLARATION AT BORDER-GATES CUSTOMS OFFICES

What papers to be produced to border-gates customs offices by persons on exit who carry foreign-currency or Vietnam-dong cash amounts subject to declaration?

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FEES FOR CITIZEN ID CARD ISSUANCE AND OTHER 35 FEES FROM JULY 01, 2023

On June 29, 2023, the Ministry of Finance issues the Circular No. 44/2023/TT-BTC on fees and charges to support the people and enterprises.

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INCENTIVES FOR INVESTMENT IN SELF-CONSUMPTION ROOFTOP SOLAR POWER

The Ministry of Industry and Trade has submitted a draft to the Government for approval of a mechanism to promote the development of self-consumption rooftop solar power systems.

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STIFFER SAFETY REQUIREMENTS FOR OIL AND GAS FACILITIES

The Government on July 1 issued Decree 45, detailing a number of articles of the Law on Oil and Gas, specifying requirements for ensuring safety in the engineering, manufacturing, construction, and operation of oil and gas facilities.

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DECREE ON PILOT AUCTION OF AUTOMOBILES’ NUMBER PLATES FROM JULY 01, 2023

On June 26, 2023, the Government hereby issues Decree No. 39/2023/ND-CP detailing a number of articles of Resolution No. 73/2022/QH15 dated November 15, 2022, on the pilot auction of automobiles’ number plates.

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New Decree on registration fee rates for domestically manufactured automobiles from July 01, 2023

The Government hereby issues Decree No. 41/2023/ND-CP prescribing registration fee rates for automobiles, trailers, or semi-trailers pulled by automobiles and vehicles like domestically manufactured and assembled automobiles.

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