Legal Update 10/2022
In This Update
Labor – Salary
4 principles of implementation of the retirement later than the prescribed retirement ages
Investment
Drastically take solutions to promote public investment capital disbursement
Requirements on making, appraisal of bidding dossiers for bidding packages on construction and installation
Requirements on making and appraisal of bidding dossiers for bidding packages on procurement
Industry
Books must be made for monitoring the use of industrial precursors
From November 22, change regulations on electricity transmission service contracts
Reporting regime applicable to organizations and individuals engaged in industrial chemical-related activities
Commerce – Advertising
Make bidding dossiers for bidding packages under CPTPP Agreement
Transport
From November 1, change conditions on vehicles used for practice driving
Approve the submission of draft resolution on pilot auction for selection of car number plates
Finance – Banking
Loans subject to registration with the State Bank
03 requirements for clients to be considered and decided to issue bank guarantee
Guide the use of Science and Technology Development Funds of enterprises
To increase the maximum interest rate applicable to deposits
From October 25, the maximum short-term loan interest rate in VND is 6.5%/year
The spot rate between VND and US dollar must not exceed the margin of ± 5%
E-commerce exchange owners’ information must be provided periodically
2 other assets to be used as collateral for the special loan
Information – Communications
One more act prohibited in printing activities from 2023
Simplify the VNA’s organizational structure from November 01
Education – Training – Vocational Training
Ensure early childhood children and primary school students have 2 lessons/day
Criminal
People’s Public Security forces’ receipt and settlement of denunciations of offenses
Policy
Mekong River delta strives to have 65% trained laborers by 2030
Export – Import
Notice No. 257/TB-BCT dated October 10, 2022 of the Ministry of Industry and Trade on printing certificates of origin on A4 paper format
Official Dispatch No. 54/TCHQ-GSQL dated January 07, 2021 of the General Department of Vietnam Customs regarding the declaration of units of calculation
Agriculture – Forestry
Assign responsibilities for the management of hydraulic structures as decentralized
From October 13, change the dossier components for extension of a GMP certificate
Strive to 2030, over 80% of craft villages will efficiently operate
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