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Official Gazette

Monday, July 23, 2018
Tags: draft decree
Draft decree on commercial infrastructure management sparks concerns Draft decree on commercial infrastructure management sparks concerns
The Ministry of Industry and Trade is seeking opinions from relevant sectors on its draft decree on the development and management of the country’s commercial infrastructure.
Investors need USD 44 million to establish universities in Vietnam Investors need USD 44 million to establish universities in Vietnam
Investors, both domestic and foreign, that wish to establish a university in Vietnam would be required to have a capital of at least VND 1 trillion (USD 43.9 million).
Ministry proposes merger of provincial departments Ministry proposes merger of provincial departments
Many provincial departments could be consolidated or merged in keeping with the Government’s determination to streamline the administrative apparatus, according to a draft decree unveiled this month by the Ministry of Home Affairs (MOHA).
Wage regulations reformed to suit market mechanisms Wage regulations reformed to suit market mechanisms
Businesses would likely narrow the pay gap among employees and recalculate wage scale based on productivity at work instead of seniority.
Government to cut half of business conditions in 2018 Government to cut half of business conditions in 2018
To promote fast and sustainable economic growth, efforts should be devoted to further improving the business climate and economic competitiveness, reforming specialized inspections of imports and exports and cutting business conditions.
MOLISA guides payment of social insurance premiums for foreign workers MOLISA guides payment of social insurance premiums for foreign workers
As from January 1, 2018, foreign workers in Vietnam would be required to pay premiums for three among five social insurance regimes, namely sickness, maternity and occupational disease.
State to monopolize via-account gold trading State to monopolize via-account gold trading
The State would hold monopoly in mobilizing gold from organizations and individuals and via-account gold trading.
PPP regulations to facilitate project implementation PPP regulations to facilitate project implementation
Public-private partnership regulations would be amended toward facilitating project implementation while ensuring strict management of projects and harmony of the interests among the State, investors and users, heard a recent meeting that discussed a draft decree to replace Decree 15 of 2015 regarding investment in the PPP form.
Draft rules set for vessels passing territorial sea of Vietnam Draft rules set for vessels passing territorial sea of Vietnam
All kinds of vessels, regardless of their flag states and tonnage, might enjoy the right of innocent passage through the territorial sea of Vietnam, provided they respect peace, independence, sovereignty and law of the nation and treaties to which Vietnam is a contracting party, as well as the Minister of Transport’s principle of preventing collisions at sea.
Draft decree sets conditions on national tourism zones Draft decree sets conditions on national tourism zones
A national tourism zone must have diverse and particularly attractive tourism resources with advantages in natural landscape or cultural value, according to a draft decree recently released by the Ministry of Culture, Sports and Tourism to detail the Tourism Law which is set to take effect early next year.

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