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Project owners have to pay up to 1 billion dong in fines for late submission of documents required for application for buyers' house ownership certificates

The Government has promulgated the Decree No. 91/2019/ND-CP, prescribing administrative penalties for violations arising in the land and real estate sector.

Employees holding the following degrees or certificates will receive higher pay

The Decree No. 90/2019/ND-CP prescribes that the pay rate paid to employees completing vocational training and education must be 7% higher than the respective region-based minimum pay rate specified in clause 1 of Article 3 in this Decree.

Fines for illegally using foreign currencies in contract prices are set to drop

On November 14, 2019 the Government promulgated the Decree No. 88/2019/ND-CP on administrative penalties for violations arising in the monetary and banking sector.

New interest rate regulations to take effect from November 19, 2019

The State Bank of Vietnam has recently promulgated the Decision No. 2415/QD-NHNN and the Decision No. 2416/QD-NHNN on interest rates imposed by credit institutions and state bank branches in accordance with the Circular No. 07/2014/TT-NHNN and Circular No. 39/2016/TT-NHNN. Below are specific regulations:

Business scopes of transaction points of microfinance institutions to be expanded

This is the highlight of the Circular No. 19/2019/TT-NHNN regulating business networks of microfinance institutions.

Capital requirements for air transport enterprises to be amended

This is the noticeable matter mentioned in the Decree No. 89/2019/ND-CP on amendments to the Decree No. 92/2016/ND-CP dated July 1, 2016 regarding industries and business sectors subject to regulatory requirements in the civil aviation field.

Documents entry or exit passengers must present to be allowed to carry gems across borders

The State Bank has recently promulgated the Circular No. 20/2019/TT-NHNN amending the Circular No. 35/2013/TT-NHNN providing instructions about anti-money laundering regulations.

Finance companies are allowed to send clients payment reminders 5 times/day at maximum

This is the highlight of the Circular No. 18/2019/TT-NHNN amending and supplementing the Circular No. 43/2016/TT-NHNN on consumer lending services provided by finance companies.

Minimum pay rates for holders of undergraduate or associate degrees to be in force from 2020

On November 15, 2019, the Government promulgates the Decree No. 90/2019/ND-CP prescribing minimum pay rates for employees working under employment contracts.

60% of public servants strive to attain at least Level-4 foreign language proficiency by 2025

The Prime Minister has recently promulgated the Decision No. 1659/QD-TTg, granting approval of the national Program on foreign language training for public officials, public servants and public employees for the 2019-2030 period.

Region-specific minimum pay rates officially in force from January 1, 2020

The Government has promulgated the Decree No. 90/2019/ND-CP as a replacement for the Decree No. 157/2018/ND-CP prescribing region-specific minimum pay rates for employees working under employment contracts.

Four considerable benefits of electronic health documents are now made publicly known

On November 12, 2019, Ministry of Health issued the Decision No. 5349/QD-BYT approving the Plan for implementation of electronic health documents by 2025.

New guidelines for usage and management of apartment buildings to take effect soon

Ministry of Construction has issued the Circular No. 06/2019/TT-BXD on amendments and supplements to the Circular relating to use and management of apartment buildings.

Additional requirements for foreign crew members' eligibility for working on board Vietnamese-flag ships about to take effect

The Ministry of Transport has just issued the Circular No. 43/2019/TT-BGTVT regarding requirements for foreign crew members’ eligibility for working on board Vietnamese-flag ships.

Organic produce requires quality inspections in the following 2 cases

This is the highlight of the Circular No. 16/2019/TT-BNNPTNT elaborating on the Decree No. 109/2018/ND-CP on organic agriculture.

Goods showing “Nine-dash line” images or information are strictly banned

This is the directive given in the Official Dispatch No. 8327/BCT-XTTM of the Ministry of Industry and Trade on strengthening inspection and assessment of commercial activities taking falling within its remit.

Requirements for provision of services auxiliary to insurance now in force

On November 1, 2019, the Government promulgated the Decree No. 80/2019/ND-CP on amendments and supplements to the Government’s Decree No. 73/2016/ND-CP elaborating on implementation of the Law on Insurance Business and the Law on Amendments and Supplements to certain Articles of the Law on Insurance Business.

04 Circulars coming into force from the middle of November, 2019

THƯ VIỆN PHÁP LUẬT would like to bring to our dearest members some Circulars coming into force from November 11 - 20, 2019, including:

Terrorism and terrorism financing crimes are now elaborated in a Resolution

On October 25, 2019, the Judicial Panel of the People’s Supreme Court has issued the Resolution No. 07/2019/NQ-HDTP providing instructions about several regulations laid down in Article 299 on terrorism crimes and Article 300 on terrorism financing crimes in the Criminal Code.

Websites showing contents reposted from others must show original links

The Ministry of Information and Communications has recently issued the Official Dispatch No. 3835/BTTTT-PTTH&TTDT regarding adjustment to operations of reposted content websites.

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