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Prices subject to registration tax for various automobiles are cut from August 15, 2020

This is the highlight of the Decision No. 1238/QD-BTC regarding the revised and modified schedule of prices subject to registration tax for automobiles and motor vehicles in effect from August 25, 2020.

Professionals entering Vietnam for short business are free from concentrated quarantine requirement

Recently, the Ministry of Health has just issued the Official Dispatch No. 4674/BYT-MT, providing the medical guidance regarding the prevention and control of the COVID-19 pandemic for persons entering Vietnam for short business period (less than 14 days).

Several price ranges of aviation services have 0 dong as the minimum levels

On September 1, 2020, the Ministry of Transport has promulgated the Circular No. 19/2020/TT-BGTVT regulating levels and ranges of prices of several aviation or airport services in Vietnam.

Indemnity limits for aviation transport to rise

On August 26, 2020, the Government promulgates the Decree No. 97/2020/ND-CP regarding the increase in air carrier’s indemnity limit, including:

Fines for deliberate adjustment of petroleum retailing prices drop

This is the highlight of the Decree No. 99/2020/ND-CP, prescribing administrative penalties for violations arising in the gas, oil industry, gas and petroleum trading activities.

Trade in counterfeit commodity packaging subject to a fine of up to 30 million dong

This is the highlight of the Government’s Decree No. 98/2020/ND-CP, regulating penalties for administrative violations arising from trading, production and sale of counterfeit goods, prohibited goods and protection of customer’s interests.

Instructions about C/O documents to be available for implementation of EVFTA

General Department of Customs issues the Official Dispatch No. 5575/TCHQ-GSQL dated August 21, 2020, providing instructions about Certificate of Origin documents under EVFTA’s terms and conditions, specifically including:

32 occupational groups must conform to strict OSH requirements

Ministry of Labor, War Invalids and Social Affairs has promulgated the Circular No. 06/2020/TT-BLDTBXH regarding the list of occupations subject to strict occupational safety and hygiene requirements.

New regulation on maximum short-term asset ratio for long-term lending is about to take effect

The Circular No. 08/2020/TT-NHNN dated August 14, 2020, amending and supplementing the Circular No. 22/2019/TT-NHNN, prescribing prudential limits and ratios for operations of banks and foreign bank branches.

General Department of Taxation provides instructions about schedule for putting electronic invoices in use

General Department of Taxation has issued the Official Dispatch No. 2578/TCT-CS in reply to queries about electronic invoices.

08 new regulations regarding labor discipline in effect from January 1, 2021 that enterprises and workers or employees need to know

2019 Labor Code (in force from January 1, 2021) sets out various new regulations on labor discipline that employers and employees need to know.

Regulations on male and female worker’s retirement age to take effect on January 1, 2021

Worker’s retirement age is expected to rise in 2021 as per new regulations laid down in the 2019 Labor Code .

Imposing fines of up to 30 million dong for commercial calls made at 6 a.m

Recently, the Government has promulgated the Decree No. 91/2020/ND-CP, regulating spam or junk text messages, emails and calls.

Land rents for Covid-19-stricken persons to drop by 15%

The Prime Minister issues the Decision No. 22/2020/QD-TTg regarding the reduction in land rents in 2020 for persons afflicted with the Covid-19 pandemic under the Resolution No. 84/NQ-CP dated May 29, 2020.

Interest rates on reservable deposits at State Bank of Vietnam to be quoted

State Bank of Vietnam promulgates the Decision No. 1349/QD-NHNN regarding interest rates on reservable deposits and extra-reservable deposits of credit institutions and foreign bank branches.

Fees for assessment of certificates of conformance to food safety regulations to be applicable from August 12, 2020

This is mentioned in the Circular No. 75/2020/TT-BTC, prescribing rates and regimes for collection, payment, administration and use of food safety and hygiene fees.

Criteria for making the list of medicines permitted for centralized public procurement

The Ministry of Health has just issued the Circular No. 15/2020/TT-BYT regarding the list of medicines permitted for tendering, centralized procurement and application of price negotiation approach.

Road tolls for passenger vehicles to fall by 30% till end of 2020

Recently, the Ministry of Finance has issued the Circular No. 74/2020/TT-BTC regulating road toll rates.

Temporary suspension of contributions to pension and death benefit fund continues

This is the highlight of the Official Dispatch No. 2533/BHXH-BT regarding the continued temporary suspension of contribution to the pension and death benefit fund which is issued by the Vietnam Social Security.

Entry or exit cases need to be promptly tried

Supreme People’s Court issues the Official Dispatch No. 109/TANDTC-PC regarding trials for cases related to prevention and control of Covid-19 disease.

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