Legal Document Updates in English (32/2013)

PLANS TO IMPROVE POOR-QUALITY RICE FARM LAND
 

This content is prescribed at the Circular No. 30/2013/TT-BNNPTNT dated June 11, 2013 of the Ministry of Agriculture and Rural Development guiding the formulation of plans to use the top soil and offset the area of wet-rice farm land used for another purpose.

Accordingly, methods to offset the area of wet-rice farm land used for another purpose include reclamation and restoration such as to build, improve and upgrade the inner-field irrigation and road systems to ensure conditions for growing two or more rice crops a year; to restore the land surface and create a suitable top soil or improve the physical and chemical properties of land to grow two or more rice crops a year or improvement of other arable land such as to elevate the low and hollow rice farm land where only one rice crop can be grown a year due to difficult water drainage for growing two rice crops a year; to build and improve the irrigation system and raise the height of the terrain of wet-rice farm land that depends on rainwater or cannot be easily irrigated  where only one rice crop can be grown a year, for growing two rice crops a year; to build and restore upland rice land into terraced field land for growing

LIMIT OF INSURANT PROTECTION FUND IS VND 200 MILLION PER CONTRACT
 

This content is prescribed at the Circular No. 101/2013/TT-BTC guiding the management and use of insurant protection fund.

Accordingly, For life insurance contracts, the Fund shall pay for up to 90% of the liability of the life insurance companies, but the amount must not exceed 200 million VND/policyholder/contract. Where a life insurance contract covers multiple insurant, the maximum payment of the Fund is applicable to individual insurant, unless otherwise agreed by the insurant and the insurer in the insurance contract.

For compulsory vehicle insurance contracts, the Fund shall cover the whole liability of the insurer or branch within the insurance scope in accordance with current law; for contracts for other insurance services, the Fund shall pay up to 80% of the liability of the insurer or branch, but the amount shall not exceed 100 million VND/ contract.

WORKS USING CAPITAL FROM STATE BUDGET MUST SUBMIT
CONSTRUCTION DESIGN VERIFICATION
 

On July 09, 2013, the Prime Minister issues the Decision No.  1113/QD-TTg approving the general planning adjustment of Phu My new urban area, Ba Ria – Vung Tau with the vision to 2030.

At this Decision, the Prime Minister has plan to develop the new urban area, keeping role as a center of industry, international seaport, service and tourism, being important transport focal center of Ba Ria – Vung Tau province and a south key economy region, with importance position on security and national defense. By 2020, population of entire urban area will be about 200,000 persons, in which inner-city population will be about 174,000 persons, outer-city population will be about 26,000 persons and by 2030, population of entire urban area will be about 310,000 persons, in which inner-city population will be about

REPORTING REGIME IN REAL ESTATE INVESTMENT PROJECTS
 

On July, 31, 2013, the Ministry of Construction issues the Circular No. 11/2013/TT-BXD promulgating the reporting regime on construction and business in real estate investment projects.

Accordingly , the Ministry of Construction  requires the  Investors of real estate projects, Management Boards of industrial parks, industrial clusters; Management Boards of urban development zones which are established by State to include contents in the report as follows: general report on basic information of real estate projects in localities: Reporting basic content of project under the written approval for investment, certificate of investment or decision on investment permission of competent state agencies. When projects have adjustments or supplementations, the investors of real estate projects shall make reports supplementing the adjusted contents; Report

ESTABLISHING THE RETRIEVAL PLACES OF DISCARDED PRODUCTS
 

On August 09. 2013, the Prime Minister signed the Decision No. 50/2013/QD-TTg providing the retrieval and disposal of discarded products.

In accordance with this Decision, manufacturers or importers have responsibilities to set up discarded product retrieval sites; to receive discarded products sold by manufacturers or importers in the Vietnamese market; to reach agreements with consumers on the methods of delivery and receipt of discarded products in retrieval sites; to transport discarded products from retrieval sites to disposing establishments; to dispose of discarded products; to notify in writing discarded product retrieval sites and disposing establishments to the Ministry of Natural Resources and Environment and to publicize information related to discarded product retrieval sites and disposing establishments on the websites of the Ministry of Natural Resources and Environment and manufacturers or importers.