Vietnamese
New policies take effect on May 25, 2023
New policies which take effect on May 25, 2023, include new regulations on the deposit interest rate, refinance interest rate, and digitalization of dossier and results of administrative procedure settlement.
Approve the National Power Development Master Plan: Prioritize gas-fired power, renewable electricity export
Approve the National Power Development Master Plan: Prioritize gas-fired power, renewable electricity export
On May 15, 2023, the Prime Minister issues Decision No. 500/QD-TTg on approving the National Power Development Master Plan for the 2021-2030 period, with a vision to 2050 (Power Master Plan VIII).
The funds for increasing base salary levels from July 01, 2023
The funds for increasing base salary levels from July 01, 2023
This is the content prescribed by the Government at Decree No. 24/2023/ND-CP prescribing the base salary for cadres, civil servants, public employees, and armed forces.
Conditions for acting as foreign exchange agents of China, Laos or Cambodia
Conditions for acting as foreign exchange agents of China, Laos or Cambodia
On May 12, 2023, the Government issues Decree No. 23/2023/ND-CP on amending and supplementing a number of articles of Decree No. 89/2016/ND-CP prescribing conditions for foreign exchange agency foreign currency receipt and payment services of economic organizations.
The Ministry of Health prescribes 13 no-smoking places
The Ministry of Health prescribes 13 no-smoking places
On May 11, 2023, the Minister of Health issues Circular No. 11/2023/TT-BYT providing regulations on no-smoking places and consideration for the conferment of Tobacco-Free Environment Awards.
District-level People's Committees decide on prices of recovery land and land use levy
District-level People's Committees decide on prices of recovery land and land use levy
On May 06, 2023, 2023, the Government issues the Resolution No. 73/NQ-CP on the authorization for deciding the specific land prices.
9 subjects of increasing base salary from July 01, 2023
9 subjects of increasing base salary from July 01, 2023
On May 14, 2023, the Government issues the Decree No. 24/2023/ND-CP prescribing the base salary for cadres, civil servants, public employees and armed forces.
Cases of know-your-customer for anti-money laundering
Cases of know-your-customer for anti-money laundering
This is the important content prescribed in the Decree No. 19/2023/ND-CP detailing a number of articles of the Anti-Money Laundering Law.
Casinos must conduct know-your-customer activities for the transaction of VND 70 million
Casinos must conduct know-your-customer activities for the transaction of VND 70 million
On April 28, 2023, the Government issues Decree No. 19/2023/ND-CP detailing a number of articles of the Anti-Money Laundering Law. And this Decree takes effect on the signing date.
2023: Import tariff quotas for raw tobacco is 68,414 tons
2023: Import tariff quotas for raw tobacco is 68,414 tons
The Circular No. 11/2023 is issued by the Ministry of Industry and Trade on May 08, 2023, providing 2023 import tariff quotas of raw tobacco. The import tariff quota of raw tobacco shall be applied from June 23, 2023, to the end of December 31, 2023.
From May 10, 2023, the concessional loan interest rate for purchase of social houses is 4.8 %/year
From May 10, 2023, the concessional loan interest rate for purchase of social houses is 4.8 %/year
On May 10, 2023, the Prime Minister issues Decision No. 486/QD-TTg on the Vietnam Bank for Social Policies’ concessional loan interest rate for the purchase and rent-purchase of social houses and house building, renovation, or repair.
