Headlines

Criteria for eligibility to receive a sum of 1 million dong as financial support for each unionist for Vietnamese Tet holidays

Vietnam General Confederation of Labor issues the Decision No. 1921/QD-TLD regarding support for unionists or workers stricken by the Covid-19 epidemic and natural disasters in 2020 on 2021 Tet vacation.

Rights of foreign securities companies’ branches in Vietnam are now regulated

The Ministry of Finance issues the Circular No. 97/2020/TT-BTC dated November 16, 2020, providing instructions about operations of representative offices, branches of foreign securities companies, fund management companies in Vietnam.

New regulations on providing fire safety equipment for road vehicles are now ready to take effect

The Ministry of Public Security promulgates the Circular No. 148/2020/TT-BCA, amending the Circular No. 57/2015/TT-BCA providing instructions about fire safety equipment mounted on road vehicles, including:

Requirements for providing securities as margins for clearing transactions

On December 31, 2020, the Ministry of Finance issues the Circular No. 119/2020/TT-BTC, regulating registration, depositing, clearing and settlement of securities trades.

Vietnam’s tariff schedule of exported and imported services to be issued

Recently, the Prime Minister has issued the Tariff Schedule listing out and describing exported and imported services of Vietnam (hereinafter referred to as Schedule) which is annexed to the Decision No. 01/2021/QD-TTg.

After Tet, commercial international flights are planned to resume

The Government’s Office issues the Official Dispatch No. 208/VPCP-QHQT setting out regulations on carrying out flights to bring Vietnamese citizens from abroad in the 1st quarter of 2021.

Requirements for online enterprise registration applications are now available in use

On January 4, 2021, the Government promulgates the Decree No. 01/2021/ND-CP regarding enterprise registration.

Flights from countries infected with new coronavirus strain are temporarily suspended

This is the highlight of the Directive No. 01/CT-TTg regarding the strengthened prevention and control of the COVID-19 disease.

04 cases of spontaneous fire and rescue services inspection

On December 23, 2020, the Ministry of Public Security promulgates the Circular No. 141/2020/TT-BCA, regulating inspection of fire safety and rescue services of people's public security forces.

11 occupations cause adverse impacts on male workers’ fertility

This is the highlight of the Circular No. 10/2020/TT-BLDTBXH, providing instructions for implementation of several regulations of the 2019 Labor Code.

Regulatory requirements for financial companies' granting equity investment credit facilities

Circular No. 23/2020/TT-NHNN regulates the prudential limits and ratios of non-bank credit institutions.

2 types of interbank fund transfer service fees continue to be decreased by 50%

Circular No. 19/2020/TT-NHNN dated December 30, 2020 regulates amendments and supplements to certain articles of the Circular No. 26/2013/TT-NHNN, adopting the Schedule of Fees for Payment Services via the State Bank of Vietnam.

Maximum remuneration paid for property auction services is increasing as of February 4, 2021

Ministry of Finance issues the Circular No. 108/2020/TT-BTC, amending and supplementing the Circular No. 45/2017/TT-BTC dated May 12, 2017, regulating the range of remunerations paid for property auction services under the provisions of the Law on Property Auction.

List of state secrets in the information and communications sector

The Prime Minister issues the Decision No. 2238/QD-TTg dated December 29, 2020 regarding the list of state secrets in the information and communications sector.

16 areas required to provide data for the Industry and Trade environmental database

The Ministry of Industry and Trade promulgates the Circular No. 42/2020/TT-BCT dated November 30, 2020, regulating the declaration of data, management and use of the Industry and Trade environmental database.

Nine cases of withdrawal of work permits are now announced

On December 30, 2020, the Government promulgates the Decree No. 152/2020/ND-CP regarding foreign employees working in Vietnam, recruitment and management of Vietnamese employees working for foreign entities and persons in Vietnam.

Tariff quotas on imports of salt and poultry eggs to take effect in 2021

On December 24, 2020, the Ministry of Industry and Trade promulgates the Circular No. 52/2020/TT-BCT, regulating in-quota quantities and rules for administration of tariff quotas for import of salt and poultry eggs in 2021.

Rates of out-of-network health insurance coverage at provincial-level hospitals to take effect as of January 1, 2021

Social Security of Vietnam issues the Official Dispatch No. 4055/BHXH-CSYT, providing guidance on the implementation of clause 6 of Article 22 in the Law on Health Insurance regarding the rates of out-of-network health insurance coverage at provincial-level health service providers as from January 1, 2021.

Rates of reduction in 29 fees and charges in effect till end of June 30, 2021

This is the highlight of the Circular No. 112/2020/TT-BTC, regulating the collection rates of fees or charges to support and address difficulties in production, business activities and to assure social security in response to Covid-19 epidemic.

Supreme People’s Court provides guidelines on declaring an enterprise are insolvent

Recently, the Supreme People’s Court has issued the Official Dispatch No. 199/TANDTC-PC regarding the notification of online responses to certain issues related to bankruptcy proceedings.
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