Legal Update 01/2023

In This Update

Finance - Banking

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

Environmental risk management in credit extension activities

Levels of foreign currencies bought, transferred and carried abroad.

Guidance on one-way money transfer abroad from Vietnam

Tax - Fee - Charge

16 Vietnam’s Special Preferential Import and Export Tariffs

Increase environmental protection tax on petrol, oil, grease.

Administration

A fine up to VND 50 million for distorting national history, disclosing personal secrets.

Information - Communication

A fine up to VND 50 million for distorting national history, disclosing personal secrets.

Insurance

By 2030, 18% of the population is expected to have life insurance policies.

Labor - Salary

Slippage coefficient of social insurance in 2023 Increase levels of the allowance for laborers working in dangerous, hazardous conditions

Medical - Health

Use of certificates of free sale of drugs that expire to December 31, 2024

Related