Collect the latest updates of legal documents

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Time limit for the license for industrial chemical production and business

On October 27, 2022, the Ministry of Industry and Trade issues Circular No. 17/2022/TT-BCT on amending and supplementing a number of Articles of the Circular No. 32/2017/TT-BCT specifying and providing guidelines for implementation of certain articles of the law on chemicals and the Government’s Decree No. 113/2017/ND-CP guiding the Law on Chemicals.
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The latest expenditure on compensation and relocation

On October 05, 2022, the Ministry of Finance issues Circular No. 61/2022/TT-BTC providing guidance on estimates, use, and final payment of budget for compensation, support, and resettlement due to the State’s land expropriation
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Guiding the cooperative development assistance funds

On August 12, 2022, the Minister of Finance issues Circular No. 52/2022/ND-CP prescribing the implementation of the Decree No. 45/2021/ND-CP dated March 31, 2021, on the establishment, organization, and operation of Cooperative development assistance funds.
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By 2030: Mekong River delta strives to have 65% trained laborers

Taking effect on June 18, 2022, Resolution No. 78/NQ-CP which is issued by the Government promulgates the Government’s Action Program on implementation of the Political Bureau’s Resolution No. 13-NQ/TW of April 2, 2022, on orientations for socio-economic development and assurance of national defense and security in the Mekong River delta through 2030, with a vision toward 2045.

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Increase the register service price from October 08, 2022

Takes effect on October 08, 2022, Circular No. 55/2022/TT-BTC amends and supplements a number of Articles of the Circular No. 238/2016/TT-BTC on the service price for technical safety and environmental protection inspection of currently circulating motor vehicles, equipment, and heavy-duty vehicles; assessment and calibration of equipment inspecting heavy-duty vehicles shall formally increase the register service price by more VND 10,000/time/vehicle compared with previous regulations.
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Draft report on reducing land rentals

On September 22, 2022, the Government promulgates Resolution No. 125/NQ-CP on reducing land and water surface rentals for 2022 for subjects affected by the Covid-19 pandemic. Resolution 125 takes effect on September 22.
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Hanoi supports 90,000 SMEs for digital transformation

On September 23, 2022, the People's Committee of Hanoi issues the Decision No. 3457/QD-UBND on approving the Plan on “Supporting the digital transformation for small- and medium-sized enterprises in the 2021 - 2025 period”.
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New regulations on trading of privately placed corporate bonds

On September 16, 2022, the Government issues Decree No. 65/2022/ND-CP on amending and supplementing a number of articles of Decree No. 153/2020/ND-CP dated December 31, 2020, on private placement of corporate bonds and trading of privately placed corporate bonds in the domestic market and offering of corporate bonds to the international market.
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The maximum short-term loan interest rate is 5.5% per annum from October 01, 2022

The State Bank of Vietnam issues Decision No. 1730/QD-NHNN which takes effect on October 01, 2022, and replaces Decision No. 920/QD-NHNN dated March 16, 2020, of the State Bank Governor on maximum short-term loan interest rate in Vietnam dong of credit institutions, foreign bank branches for borrowers to meet the capital demand in service of a number of economic sectors and industries as prescribed in the Circular No. 39/2016/TT-NHNN dated December 12, 2016.
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Change the costs of formulation, appraisal and approval of master plans on relics

On September 21, 2022, the Government issues Decree No. 67/2022/ND-CP, Amending and supplementing Article 4 of the Government’s Decree No. 166/2018/ND-CP dated December 25, 2018, prescribing the competence, order, and procedures for the formulation, appraisal and approval of master plans and projects on conservation, renovation and restoration of historical-cultural relics and sightseeing spots.
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Financial autonomy’s mechanism of public non-business units

On September 16, 2022, the Ministry of Finance issues Circular No. 56/2022/TT-BTC guiding a number of contents of financial autonomy of public non-business units; processing assets and finance upon reorganization or dissolution of public non-business units.
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Bond par value of privately corporate increases 1,000 times

On September 16, 2022, the Government issues Decree No. 65/2022/ND-CP on amending and supplementing a number of articles of Decree No. 153/2020/ND-CP on private placement of corporate bonds and trading of privately placed corporate bonds.
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HCMC: Enterprise must update identity card numbers in VSSID

On August 27, 2022, Ho Chi Minh City Social Security issues Official Dispatch No. 4887/BHXH-CNTT regarding the additional update of citizen’s identity card numbers/personal identification numbers of insurance participants in the database managed by the Vietnam Social Security, and the installation and use of VSSID.

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September 05: The policy takes effect today

Spending up to VND 8 million for composing the draft of the international treaty is the important content prescribed in Circular No. 43/2022/TT-BTC dated July 19, 2022, of the Ministry of Finance on guiding the management and usage of the state budget in ensuring the works of international treaty and agreement.
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Policies take effect on September 01, 2022

From September 01, 2022, many new policies take effect such as: not use vehicles of 16 seats as Limousines for carrying passengers, charity activities must open accounting books shall formally take effect
 
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Today, investors can sell securities, receive money 01 day earlier

The new policy takes effect on August 29, 2022, is the regulations on shortening the transaction time of stock in accordance with the Decision No. 109/QD-VSD dated August 19, 2022, of the Vietnam Securities Depository on the Regulation on activities of offset activities and security transaction payment.
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Speeding up the planning process in the 2021-2030 period

This is the content prescribed in Resolution No. 108/NQ-CP issued by the Government on August 26, 2022, on the implement ion of Resolution No. 61/2022/QH15 dated June 16, 2022, on continuing to strengthen the effectiveness and efficiency of law and policy implementation on planning in 2021-2030 period.
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By 2030: Regional economy scale reaches VND 2.100 thousand billion

On August 01, 2022, the Government issues Resolution No. 96/NQ-CP on the Action program of the Government implementing Resolution No. 11-NQ/TW dated February 10, 2022, of the Political Bureau on socio-economic development and national defense, security solutions for the Northern Midlands and Mountains until 2030 and vision towards 2045. This Decision takes effect on the signing date.
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Criteria for identifying “social news” magazines

On July 22, 2022, the Ministry of Information and Communications issues Decision No. 1418/QD-BTTTT on criteria for identifying “social news” magazines, “social news” aggregation websites, “social news” social networks, and signs of “privatized" journalism.

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5 steps of a normal contractor appointment

On August 08, 2022, the Ministry of Planning and Investment issues the Official Dispatch No. 5520/BKHDT-QLDT guiding the specialized mechanism on contractor appointment under the Resolutions of the National Assembly.