Headlines

Registration fees for domestically-assembled vehicles are cut by 50%

The Government promulgates the Decree No. 103/2021/ND-CP, prescribing the rates of registration fees for motor vehicles, trailers or semi-trailers towed by motor vehicles and the likes which are domestically manufactured or assembled.

Costs incurred from maintenance of airport facilities funded by the State are now revealed

According to the Circular No. 24/2021/TT-BGTVT, prescribing management and maintenance of airport facilities, promulgated by the Minister of Transport, cost items associated with maintenance of airport facilities funded and managed by the State comprise the followings:

Regulations on institution of criminal proceedings upon plaintiff’s request are revised

According to the Law on Amendments and Supplements to the Criminal Procedure Code that is passed by the National Assembly in the second plenary session held on November 12, 2021 (briefly called 2021 amended Criminal Procedure Code), the case prescribed in clause 1 of Article 226 in the Penal Code (Infringement of industrial property rights) is left out of the regulations on institution of criminal proceedings upon the plaintiff’s request.

Adjusted prices of several securities services are ready to apply

November 17, 2021, the Minister of Finance issues the Circular No. 102/2021/TT-BTC, prescribing prices of securities services applied in securities trading organizations and commercial banks participating in Vietnam’s securities markets. According to this Circular, prices of futures brokerage services applied at the derivatives market are adjusted as follows:

Acts lead to revocation of science and technology enterprise certificates

On November 17, 2021, the Minister of Science and Technology issues the Circular No. 10/2021/TT-BKHCN, providing guidance on implementation of the Decree No. 13/2019/ND-CP regarding science and technology enterprises.

25% of trade fairs to be held digitally by 2025

According to the Decision No. 1968/QD-TTg dated November 22, 2021, approval the Project “Strengthening application of information technology and digital transformation for trade promotion activities during the 2021-2030 period", in order to enhance the application of information technology in terms of digital transformation for trade promotion activities, the Prime Minister sets the targets to be achieved by 2025 as follows:

Certificates of covered leave valid up to 30 days-off for each medical visit

According to the Official Dispatch No. 1492/KCB-PHCN&GD dated November 19, 2021, regarding issuance of documents included in application packages for payment of social insurance coverage to covered employees, the Department of Medical Examination and Treatment under the control of the Ministry of Health requests healthcare establishments to issue and manage certificates of leave eligible for social insurance allowance in accordance with the Circular No. 56/2017/TT-BYT dated December 29, 2017.

Conditions for trades in corporate bonds with credit institutions are ready for use

On November 10, 2021, the SBV’s Governor promulgates the Circular No. 16/2021/TT-NHNN, dealing with trades in corporate bonds involving credit institutions and foreign bank branches.

From 2022, limitation period for enforcement of invoice-related administrative penalties to be extended

On November 16, 2021, the Government promulgates the Decree No. 102/2021/ND-CP, prescribing administrative penalties for violations arising from tax, invoice, insurance business and lottery business activities.

More imports are subject to 0% preferential tariff rate

The Government promulgates the Decree No.101/2021/ND-CP, amending the Decree No. 57/2020/ND-CP and the Decree No.122/2016/ND-CP on the Schedule of Export Duties and the Schedule of Preferential Export Duties.

RCEP Agreement officially in force as from January 1, 2022

On November 16, 2021, the Ministry of Industry and Trade issues the Official Dispatch No. 7268/BCT-DB giving announcement of the entry into force of the Regional Comprehensive Economic Partnership (RCEP) Agreement.

Self-formatted certificates of compulsory fire and explosion insurance are now allowed

On November 8, 2021, the Government issues the Decree No. 97/2021/ND-CP, amending the Decree No. 23/2018/ND-CP dated February 23, 2018 on compulsory insurance fire and explosion insurance.

Maximum costs of SARS-CoV-2 test services are now regulated

On November 8, 2021, the Ministry of Health promulgates the Circular No. 16/2021/TT-BYT prescribing prices of SARS-CoV-2 test services.

Quarantine instructions to be applied to persons arriving from COVID-19 outbreak areas

According to the Official Dispatch No. 9472/BYT-MT of the Ministry of Health, regarding implementation of the Resolution No. 128/NQ-CP dated October 11, 2021, below are the instructions for medical quarantine and health monitoring of people arriving from epidemically-hit areas:

More employees on furlough due to their temporarily suspended labor contracts have access to aid

On November 6, 2021, the Prime Minister issues the Decision No. 33/2021/QD-TTg, amending the Decision No. 23/2021/QD-TTg regarding the aid package extended to employees and employers in a difficult situation arising from COVID-19.

Medical requirements for international tourists’ entry into Vietnam are now in effect

According to the Guidance No. 4122/HD-BVHTTDL dated November 5, 2021 on piloted reopening to international tourists travelling to Vietnam, in order to be eligible to enter Vietnam, they must meet the following medical requirements:

Are foreign employees entitled to Resolution No. 68’s aid?

Do foreign employees working in Vietnam who are forced into temporary leave from work, furlough or termination of their labor contracts due to Covid-19 have access to the aid package under the Resolution No. 68?

General Department of Taxation introduces new regulations of Circular No. 78/2021/TT-BTC regarding electronic invoices

On October 28, 2021, General Department of Taxation issues the Official Dispatch No. 4144/TCT-CS to introduce new regulations laid down in Circular No. 78/2021/TT-BTC in reference to invoices.

From 2022, oil and petrol prices to be adjusted every 10 days

This is mentioned in the Decree No.95/2021/ND-CP dated November 1, 2021 on amendments to the Decree No. 83/2014/ND-CP regarding oil and petroleum business.

Instructions about livestock waste treatment are now ready for use

On October 26, 2021, the Minister of Agriculture and Rural Development issues the Circular No. 12/2021/TT-BNNPTNT, providing instructions about collection and treatment of livestock waste and agricultural by-products reused for other purposes.

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