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Regulations on credit institution’s public bond offerings are about to take effect

This is the highlight of the Circular No. 33/2019/TT-NHNN amending the Circular No. 34/2013/TT-NHNN on the domestic issuance of promissory notes, treasury bills, certificates of deposit or bonds by credit institutions and foreign bank branches.

New regulations on administrative penalties for violations arising from trades in pesticides are about to take effect

These regulations emerge as one of the highlights in the Decree No. 04/2020/ND-CP on amendments to the Decree No. 31/2016/ND-CP, regulating administrative penalties for violations arising from plant varieties-related, plant protection and quarantine activities.

Notable policies coming into force from the middle of January, 2020

There are many policies coming into force from January 11 – 20, 2020. The following are the most notable ones:

Regulations on permitted users of bank cards are amended

The State Bank of Vietnam has just issued the Circular No. 28/2019/TT-NHNN on amendments to the Circular No. 19/2016/TT-NHNN on bank card services.

Equivalent higher education qualifications are now defined

Government has promulgated the Decree No. 99/2019/ND-CP providing instructions for implementation of the amended 2018 Law on Higher Education.

English translation of Labor Code 2019 now available

THƯ VIỆN PHÁP LUẬT would like to introduce our English translation of the Labor Code 2019, which comes into force from January 01, 2021.

3 cases where credit institutions are exempted from reserve requirements

State Bank has recently promulgated the Circular No. 30/2019/TT-NHNN regulating implementation of reserve requirements imposed on credit institutions and foreign bank branches.

Credit institutions may be granted exemption from fees for withdrawing cash at State Bank

This is the highlight of the Circular No. 27/2019/TT-NHNN amending the Circular No. 35/2014/TT-NHNN regulating fees for cash withdrawal via payment accounts opened at the State Bank (SBV).

From January 1 this year, fine of up to 1 million dong is imposed for the act of passing through amber traffic light

This is the highlight of the Decree No. 100/2019/ND-CP, prescribing administrative penalties for violations arising from road and rail traffic activities.

From 2020, fines of at least 2,000,000 dong for driving with alcohol content will be imposed

This is the highlight of the Decree No. 100/2019/ND-CP, prescribing administrative penalties for violations arising from road and rail traffic activities.

Pay policies granted to public servants and employees in effect from January 1, 2020

THƯ VIỆN PHÁP LUẬT would like to introduce to you pay policies in effect from January 1, 2020, including:

20 more hi-tech groups obtain investment priorities

This is the highlight of the Prime Minister’s Decision No. 34/2019/QD-TTg issued on December 18, 2019. Pursuant to this Decision, more 20 hi-tech groups are added to the List of high technologies obtaining investment priorities which is annexed to the Decision No. 66/2014/QD-TTg dated November 25, 2014, specifically including:

All Decrees coming into force from January 01, 2020

THƯ VIỆN PHÁP LUẬT would like to bring to our dearest members all Decrees which are coming into force from January 01, 2020, including:

06 Laws coming into force from the beginning of January, 2020

THƯ VIỆN PHÁP LUẬT would like to bring to our dearest members the Laws which are coming into force from the beginning of January, 2020 (January 01 – 10, 2020), including:

Supplementary Import and Export Tariffs of Subheading HS Codes are revealed

On December 16, 2019, the Ministry of Industry and Trade promulgated the Circular No. 41/2019/TT-BCT on the Supplementary Import or Export Tariffs of HS Codes prescribed in several Circulars of the Ministry of Industry and Trade.

17 significant changes in 2019 Labor Code affect employees

THƯ VIỆN PHÁP LUẬT is pleased to summarize new and significant points in the 2019 Labor Code that have major effects on employees, including:

Notable policies coming into force from the end of December, 2019

A lot of policies on labour – salaries, banking, commerce and other fields are coming into force from December 21-31, 2019, of which the following are the most notable ones:

Amending Decree No. 24a/2016/ND-CP on management of building materials

The Government has recently issued the Decree No. 95/2019/ND-CP amending and supplementing the Decree No. 24a/2016/ND-CP on management of building materials.

List of 11 Laws and 17 Resolutions passed in National Assembly’s 8th meeting

This is the highlight of the Resolution No. 101/2019/QH14 passed by the XIVth National Assembly on November 27, 2019.

Decree on land price range for 2020-2024 period is official promulgated

The Government has recently issued the Decree No. 96/2019/ND-CP on the range of land prices based on specific land types and regions, which are referred to in Article 113 in the Law on Land.

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