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Official Gazette

Thursday, April 2, 2020
Traffic fines to be collected online from March 13 Traffic fines to be collected online from March 13
People in five cities and provinces will be able to pay traffic fines online from March 13, Minister-Chairman of the Government Office Mai Tien Dung has announced.
Construction Ministry to cut time for construction permits Construction Ministry to cut time for construction permits
The Ministry of Construction has proposed to shorten the time for grant of construction permits for construction investment projects from the current 30 days to 20 days, regardless of the projects’ type and scale. In the meantime, the time limit for granting permits for separate houses would remain 15 days.
Draft sets out measures to protect personal data Draft sets out measures to protect personal data
The processing of personal data would be conducted only when data subjects so agree, unless otherwise provided by law, according to a draft decree on protection of personal data recently released by the Ministry of Public Security.
Conditions for issuance of corporate bonds tightened Conditions for issuance of corporate bonds tightened
The Ministry of Finance is revising Decree 163 of 2018, proposing tightening conditions for private placement of corporate bonds, with a view to better protecting investors, especially small investors, and avoiding risks in raising capital through this channel.
Ministry proposes joint training in higher education Ministry proposes joint training in higher education
Higher education institutions, academies and institutes of Vietnam may coordinate with their foreign partners in providing online or combined classroom and online joint training courses at bachelor’s, master’s, and doctor’s levels.
More incentives for supporting industries More incentives for supporting industries
The Ministry of Industry and Trade is working on a draft decree revising Decree 111 of 2015 that is expected to provide more incentives for supporting industry products prioritized for development.
Law on Environmental Protection to be revised for sustainable development Law on Environmental Protection to be revised for sustainable development
The Ministry of Natural Resources and Environment has proposed a draft law revising the 2014 Law on Environment Protection which is expected to reduce administrative procedures without affecting the environmental protection management, and add provisions on environmental protection associated with sustainable development.
Supplementary health insurance packages proposed Supplementary health insurance packages proposed
Insured patients could purchase supplementary health insurance packages to cover more medical services than the basic package currently provided. It is highlighted in a draft law prepared by the Ministry of Health to replace the 2008 Law on Health Insurance.
Draft decree facilitates foreign petrol traders Draft decree facilitates foreign petrol traders
Traders engaged in petrol and oil production and processing might transfer their shares to foreign investors but the foreign holding rate must not exceed 34 percent and the traders must obtain approval from the Ministry of Industry and Trade.
SMEs to receive support for business startup SMEs to receive support for business startup
The Ministry of Planning and Investment is working on a draft national program to provide a total financial support of VND 5,000 billion (USD 216 million) for small- and medium-sized enterprises being innovative startups or participating in industrial clusters and value chains during 2021-25.

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