Business News

Valuating assets and examining damage in the State’s compensation liability; increasing basic salary; supporting enterprises with projects in the lines of technology transfer are among the newly issued policies that take effect in July 2018.

Farmers classified as poverty shall receive up to 90% subsidy of insurance premiums, according to the Government’s Decree No. 58/2018/ND-CP on agricultural insurance dated April 18, 2018 and scheduled to take effect since June 5.

A number of policies on insurance business, printing activities, property valuation, quality control of vocational training, etc. take effect in May.

A series of effective policies relating to foreigners regarding e-visa, work permits, banking operation, temporary import, re-export, and gambling were introduced and came into effect in 2017.

A string of policies on business income, social insurance, logistics, digital signatures, unbaked materials come into effect from February, 2018.

The Government has issued two new decrees over the operation mechanism of the State Capital Investment Corporation (SCIC). The decrees prevent the SCIC from investing in companies of relatives but allow it to found subsidiary companies.

Customs legislation of all levels (Law, Decree and Circular) are currently under review, of which some are expected to be issued and effective in the soon time. By this Alert, we would like to update the Client 02 of the main proposed changes that may have significant impact to your business, specifically:

A string of new policies on administrative penalties on measurement, management of State budget on external activities, and supervision of stock transactions will come into effect since December 2017.