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Official Gazette

Tuesday, October 22, 2019
Tags: China
Legislators deliberate reports on socio-economic development Legislators deliberate reports on socio-economic development
The National Assembly Standing Committee spent the whole day discussing reports evaluating the implementation of the socio-economic development plan and State budget in 2019 during the ongoing 38th session in Hanoi on October 15.
All nations must uphold the rule of law in the East Sea All nations must uphold the rule of law in the East Sea
In a recent interview with Vietnam News Agency, Nguyen Manh Dong, head of the Maritime Affairs Department of the Ministry of Foreign Affairs’ National Border Committee, reiterated Vietnam’s consistent policy that all international disputes, including those in the South China Sea (known in Vietnam as the East Sea), must be resolved by peaceful means as regulated in the Charter of the United Nations and the 1982 United Nations Convention on the Law of the Sea.
How to patch the hole in management of foreigners in Vietnam? How to patch the hole in management of foreigners in Vietnam?
Local media last month reported that nearly 400 Chinese nationals were detained after a police raid on July 27 on a gambling den in Our City urban center in the northern city of Haiphong.
Vietnam lures over USD 26 billion of FDI in nine months Vietnam lures over USD 26 billion of FDI in nine months
Foreign investors poured USD 26.16 billion into Vietnam in the first nine months of this year, up 3.1 percent over the same period in 2019, according to the General Statistics Office.
Working time and overtime regulations remain controversial Working time and overtime regulations remain controversial
The draft amended Labor Code is expected to be submitted to the National Assembly at its upcoming session this October. However, for the time being, opinions remain divergent on a number of issues such as shortening of working time and increase of the maximum overtime.
MoF proposes to increase import tax on heavy trucks MoF proposes to increase import tax on heavy trucks
The Ministry of Finance has proposed to increase import tax on complete built-up units (CBUs) of trucks weighing more than 45 tons from the current zero to 10 percent. This tax level is equal to commitments under the World Trade Organization (WTO).
Made in Vietnam criteria “Made in Vietnam” criteria
Local media last month reported that Asanzo, a local electronics manufacturer currently holding more than 16 percent of Vietnam’s TV receiver market share, did not produce but imported spare parts from China, then assembled them into finished products with “Made in Vietnam” labels for domestic sale.
EVFTA: new push for economic growth EVFTA: new push for economic growth
The EU-Vietnam Free Trade Agreement (EVFTA) has recently been signed amidst the sound Vietnam-EU partnership, especially in economy and trade. This is a comprehensive and high-quality deal which has taken into consideration differences in development levels between the two sides, Minister of Industry and Trade Tran Tuan Anh said in an interview granted to the Vietnam News Agency.
Ministry to set Made in Vietnam criteria Ministry to set 'Made in Vietnam' criteria
‘Made in Vietnam’ products are required to have a localization rate of 30 percent and be partly produced in Vietnam. This is one of the criteria set by the Ministry of Industry and Trade in a draft circular providing criteria for products eligible to be classified as ‘made in Vietnam’.
Vietnam books 1.8 billion USD trade surplus in seven months Vietnam books 1.8 billion USD trade surplus in seven months
Vietnam recorded a trade surplus of 1.8 billion USD in the first seven months of the year, according to the General Statistic Office of Vietnam.

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