Headlines 31/05/2019 08:15 SA

Circulars coming into force from the beginning of June, 2019

Nguyễn Liên

THƯ VIỆN PHÁP LUẬT would like to introduce all Circulars coming into force from the beginning of June, 2019 (June 01 – 10, 2019), including:

1. New regulations on fees for processing of applications for license to equip weapons

The Circular No. 23/2019/TT-BTC providing amendments to the Circular No. 218/2016/TT-BTC is officially coming into force from June 05, 2019.

According to this Circular, regulations on fees for processing of applications for the license to bring cartridge cases or detonators and the license to bring accessories of military weapons, sporting weapons and combat gears laid down in Circular 218 are abrogated.

However, the Circular provides for 03 cases of licensing fees as follows:

+ Fees for processing of applications for the license to equip weapons or combat gears: VND 10,000/gun or piece;

+ Fees for processing of applications for the license to import/export weapons or combat gears: VND 10,000/gun or piece;

+ Fees for processing of applications for the license to use deactivated weapons or combat gears: VND 10,000/license.

2. Actions against cases in which book building requirements are not satisfied when issuing shares

The Circular No. 21/2019/TT-BTC provides guidelines for initial public offering and transfer of state capital adopting book building method.

According to this Circular, if the actual demand for shares and the actual number of investors subscribing for shares do not meet book building requirements specified in the equitization plan, the equitization steering committee shall:

-  Make decision on cancellation of order books;

-  Submit a report to the representative agency (for state-owned enterprises) or the Board of Members/ President of the state-owned enterprises (for grade II enterprises) and publish information about such cancellation of book orders.

Deposits shall be returned to investors after the equitization steering committee publishes information about the cancellation of book orders.

The Circular No. 21/2019/TT-BTC is coming into force from June 03, 2019.

3. Promulgation of List of domestically produced drugs meeting treatment, pricing, and supply requirements

The Circular No. 03/2019/TT-BYT promulgating the List of domestically produced drugs meeting treatment, pricing, and supply requirements is coming into force from June 01, 2019.

According to this Circular, the List comprises 640 categories of domestically produced drugs such as Acarbose, Aceclofenac, Acenocoumarol, Acetyl leucin, Acetylcystein, Acid Alendronic, Acid amin.... These categories of drugs have been granted certificate of drug registration, meet disease prevention and medical treatment requirements at health facilities according to their technical criteria, have rational prices and may be supplied to health facilities nationwide. 

4. 05 criteria for assessing performance of credit guarantee funds

The Circular No. 15/2019/TT-BTC is coming into force from June 01, 2019 and provides 05 criteria for assessing annual performance of credit guarantee funds for small and medium-sized enterprises, including:

 (1) Growth in turnover of credit guarantee;

 (2) Rate of debts repaid on behalf of SMEs; 

 (3) Rate of annually recovered compulsory debts;

 (4) Net income;

 (5) The compliance with regulations on investment, management and utilization of capital and assets, obligations to state budget, and financial statements.

5. The Circular No. 24/2019/TT-BTC providing guidelines for implementation of the Decree No. 04/2019/ND-CP on criteria and norms for the use of cars is coming into force from June 06, 2019.

6. The Circular No. 01/2019/TT-VPCP providing amendments to the Circular No. 01/2017/TT-VPCP guiding regulations on Official Gazette laid down in Decree No. 34/2016/ND-CP is coming into force from June 04, 2019.

7. The Circular No. 13/2019/TT-BGTVT on aviation security program and quality control of Vietnam aviation security is coming into force from June 01, 2019.

8. The Circular No. 06/2019/TT-BYT on providers, contents and duration of training courses in forensic examination and forensic psychiatric assessment is coming into force from June 01, 2019.

9. The Circular No. 05/2019/TT-BYT nullifying the Circular 31/2017/TT-BYT is coming into force from June 01, 2019.

10. The Circular No. 08/2019/TT-BGTVT prescribing criteria for surveillance and acceptance testing of maintenance performance of inland waterway infrastructure in terms of maintenance quality is coming into force from June 01, 2019.

11. The Circular No. 14/2018/TT-BKHCN introducing 03 National technical regulations on radiographic equipment in medicine is coming into force from June 01, 2019.

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