Legal Update 05/2022
In this update
Enterprise
Provide 2% interest rate support package for enterprises.
Guide commercial banks to implement interest rate support for enterprises’ loans.
Insurance
Assign targets to increase the number of social insurance participants.
By 2025, Hanoi will attain the health insurance coverage rate of 95.15%.
Land – Housing
Order for approving the use purpose change of under-50 hectares land for special-use forests.
Finance – Banking
Financial management of aid amounts in cash to support the budget.
By 2030, public debts will not exceed 60% of GDP.
Procedures for issuing objection letters, no-objection letters for private sector operations.
Primary schools affected by covid-19 may borrow up to 200 million VND.
A poor ethnic minority household may borrow up to 40 million VND to repair house.
Export – Import
Goods export growth rate shall be on average of 6-7% per year in the 2021-2030 period
Commerce
Repeal the circular guiding the management of petrol and oil trading in border areas.
Guide the implementation of trade remedies in the RCEP.
Culture – Sport – Tourism
3 types of organizations managing national tourist areas.
Tax – Fee – Charge
Extend deadline for excise tax payment of domestically assembled cars.
By 2030, the number of import tax rates will be reduced to 20.
Reduce the fee rate for grant of certificates of registration for fund certificate distribution by 50% from July 01.
Medical – Health
Hospitals shall actively regulate the body temperature measurement and safe distance assurance.
Halt Sars-Cov-2 testing from May 15, 2022.
Suspension of health declaration for domestic travel.
Suspend Covid-19 health declaration at border gates.
Transport
Change the former national route 8’s section in Ha Tinh to the local road
Policy
Promote information technology application to raise the efficiency of postgraduate training management.
Provide agricultural insurance premium support until the end of 2025.
Formulate a resolution on extending the time limit for pilot handling of non-performing loans.
Solutions to complete the institutions on socio-economic region linkage.
Policies applicable to persons participating in Covid-19 prevention and control.
Justice
More cases where a convict is entitled to suspended sentence.
Industry
The ceiling level of the electricity generation price for hydropower plants is 1,110 VND/kwh.
Foreign affairs
Honorary consults may conduct profit-making commercial operations in Vietnam.
Immigration
Allow foreigners with e-visa to enter, exit via Van Don international airport.
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