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Must not have a non-performing loan ratio under 3% when purchasing debts

Must not have a non-performing loan ratio under 3% when purchasing debts

On December 26, 2022, the State Bank of Vietnam issues the Circular No. 18/2022/TT-NHNN on amending and supplementing the Circular No. 09/2015 prescribing debt purchase and sale by credit institutions and foreign bank branches.

Environmental risk management in credit extension activities

Environmental risk management in credit extension activities

16 Vietnam’s Special Preferential Import and Export Tariffs

Hot policies take effect on January 2023

High-tech enterprises are eligible for the import of used technological lines

From January 01, 2023: Have Decree on the submission and presentation of household registration book

From January 01, 2023: Have Decree on the submission and presentation of household registration book

From January 01, 2023: Have Decree on the submission and presentation of household registration book

On December 21, 2022, the Government issues Decree No. 104/2022/ND-CP on amending and supplementing the Decrees on the submission, presentation of household registration books, paper temporary residence books in making administrative procedures, and supplying public services.

December 23, 2022

From January 01, 2023, buyers may refuse to participate in insurance within 21 days

From January 01, 2023, buyers may refuse to participate in insurance within 21 days

From January 01, 2023, buyers may refuse to participate in insurance within 21 days

This is the remarkable content prescribed in the Law on insurance business No. 08/2022/QH15 which is passed by the National Assembly on June 16, 2022.

December 22, 2022

An insurance agent certificate issued before 2023 shall be used before 2025

An insurance agent certificate issued before 2023 shall be used before 2025

An insurance agent certificate issued before 2023 shall be used before 2025

On November 16, 2022, the Minister of Finance issues Circular No. 69/2022/TT-BTC detailing regulations on insurance certificates, insurance agent certificates, insurance broker’s certificates, and insurance auxiliary operations certificates.

December 20, 2022

Digital transformation in non-cash social security payment

Digital transformation in non-cash social security payment

Digital transformation in non-cash social security payment

On November 25, 2022, the Prime Minister issues Directive No. 21/CT-TTg on promoting digital transformation in non-cash social security payments.

December 15, 2022

Lunar New Year holidays in 2023 of public servants and employees

Lunar New Year holidays in 2023 of public servants and employees

Lunar New Year holidays in 2023 of public servants and employees

On December 07, 2022, the Ministry of Labor, Invalids and Social Affairs issues Notice No. 5034/TB-LDTBXH on the Lunar New Year and national day holidays in 2023 of cadres, public servants, and officials.

December 14, 2022

Anti-Money Laundering Law 2022 is applied on March 01, 2023

Anti-Money Laundering Law 2022 is applied on March 01, 2023

Anti-Money Laundering Law 2022 is applied on March 01, 2023

On November 15, 2022, the National Assembly passed Law No. 14/2022/QH15 on Anti-Money Laundering

December 13, 2022

Conditions for the depository of valuable papers at the SBV

Conditions for the depository of valuable papers at the SBV

Conditions for the depository of valuable papers at the SBV

On November 30, 2022, the State Bank of Vietnam issues Circular No. 16/2022/TT-NHNN providing for the depository and use of valuable papers at the State Bank of Vietnam.

December 12, 2022

2 forms of imposing administrative violations on transport

2 forms of imposing administrative violations on transport

2 forms of imposing administrative violations on transport

On December 01, 2022, the Minister of Transport issues Circular No. 30/2022/TT-BGTVT on forms and management, and use thereof in imposing administrative violations on transport.

December 09, 2022

Refinancing loans on the basis of special bonds for credit Institutions

Refinancing loans on the basis of special bonds for credit Institutions

Refinancing loans on the basis of special bonds for credit Institutions

On November 30, 20122, the State Bank of Vietnam issues Circular No. 15/2022/TT-NHNN on refinancing loans on the basis of special bonds of Asset Management Company for Vietnamese Credit Institutions.

December 07, 2022

Plan to reorganize state-owned and state-invested enterprises in the period of 2022-2025

Plan to reorganize state-owned and state-invested enterprises in the period of 2022-2025

Plan to reorganize state-owned and state-invested enterprises in the period of 2022-2025

On November 29, 2022, the Prime Minister issues Decision No. 1479/QD-TTg on approving the plan to reorganize state-owned and state-invested enterprises in the period of 2022-2025.

December 06, 2022

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Bond par value of privately corporate increases 1,000 times

Bond par value of privately corporate increases 1,000 times

16 Vietnam’s Special Preferential Import and Export Tariffs

16 Vietnam’s Special Preferential Import and Export Tariffs

From October 01, 2022, Internet's user database shall be kept as archives

From October 01, 2022, Internet's user database shall be kept as archives

SBV increases the interest rate of VND deposits

SBV increases the interest rate of VND deposits

Lunar New Year holidays in 2023 of public servants and employees

Lunar New Year holidays in 2023 of public servants and employees

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