Legal Update 07/2022
In this update
Labor – Salary
Trained employees continue to be paid at least 7% higher than the minimum wage.
Vietnamese workers shall be lent up to VND 100 million to go to work in Korea.
Employers are not allowed to cut wage-based allowances payable to employees working overtime in Ha Noi.
Tax – Fee – Charge
Fee rate for grant of architecture practice certificates is VND 300,000/certificate.
Reduce fee rate for granting design appraisal certificates for cars with less than 10 seats to VND 90,000/certificate.
From July 11, the environmental protection tax for petrol is reduced to VND 1,000/liter.
Finance – Banking
VDB must maintain the liquidity reserve ratio of at least 0.6%.
Dossiers for approval of changes of commercial banks may be submitted at the single-window section.
Enterprises conducting business of prize-winning video games for foreigners must keep books for managing their tokens.
Tokens used in the business of prize-winning video games for foreigners.
Justice
In October 2023, submit the draft land law (amended) for passage.
Insurance
From January 01, 2023, insurance enterprises may not conduct in real estate business.
Export – Import
Allocate tariff quota for import of sugar under auction method.
Transport
The minimum price for franchise of the right to provide aviation fuel supply services is VND 28,000/ton.
List of Vietnam’s 34 seaports.
Amend provisions on by-automobile transport business.
Natural resources – Environment
From August 25, households failing to classify domestic solid wastes shall be fined up to VND 1 million.
Policy
By 2030, the average growth rate of the chemical industry will reach 10 – 11%/year.
By 2030, 100% of organic waste in urban areas will be recycled.
Medical – Health
Indications for surrogacy must be carefully reviewed and signed.
Food and Drug
Medical examination and treatment establishments must make e-prescriptions before June 30, 2023.
Administration
State agencies’ information channels in cyber environment.
Approve the indicators for assessment of online administrative procedure quality.
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