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
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