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Official Gazette

Thursday, May 25, 2017
Tags: draft decree
Conditions for automobile manufacturing assembly import to be specified Conditions for automobile manufacturing, assembly, import to be specified
Automobile importers would no longer be required to have a genuine power of attorney for distributing cars in Vietnam.
Agriculture investors to receive more incentives from the State Agriculture investors to receive more incentives from the State
Enterprises established and registering operation under Vietnamese law and having agricultural projects eligible for investment incentives would receive more supports from the State, according to a draft decree prepared by the Ministry of Planning and Investment to replace Decree No. 210 of 2013.
Foreign workers to be obliged to pay compulsory social insurance premiums Foreign workers to be obliged to pay compulsory social insurance premiums
Foreigners who enter into labor contracts with a term of at least full one month with Vietnam-based employers would have to participate in compulsory social insurance if they possess work permits, practice certificates or practice licenses granted by Vietnamese competent authorities.
Draft decree offers more benefits to strategic investors in SOEs Draft decree offers more benefits to strategic investors in SOEs
Strategic investors would be allowed to sell their shares in state-owned enterprises within three years after such SOEs are equitized.
Poor farmers to get financial support when joining agriculture insurance Poor farmers to get financial support when joining agriculture insurance
Agricultural households would receive a financial support to participate in agriculture insurance, according to a draft decree recently revealed by the Ministry of Finance.
Several conditions on gas trading to be removed Several conditions on gas trading to be removed
The Ministry of Industry and Trade recently revealed a draft decree to replace Decree No. 19 issued in 2016, in an attempt to abolishing a number of conditions which gas traders must meet in order to encourage small- and medium-sized enterprises to enter the gas trading market, especially liquefied petroleum gas market.
Conditions for operation of foreign cultural centers to be tightened Conditions for operation of foreign cultural centers to be tightened
Foreign cultural centers operating in Vietnam would have to observe Vietnamese laws as well as the country’s customs, practices and culture, according to a draft decree, recently revealed by the Ministry of Culture, Sports and Tourism to replace Decree No. 18 issued in 2001.
Customer information at banks to be better protected Customer information at banks to be better protected
Information of customers of credit institutions and foreign bank branches would be more secure if a draft decree recently proposed by the State Bank of Vietnam (SBV) to replace Decree No. 70 issued in 2000 is approved.
Draft decree paves way for foreign investment in education Draft decree paves way for foreign investment in education
The Ministry of Education and Training (MOET) recently revealed a draft decree on foreign cooperation and investment in education, providing a clearer legal framework to lure more foreign investment in this sector.
Retail market management development regulations to be revised Retail market management, development regulations to be revised
Deputy Prime Minister Trinh Dinh Dung has asked ministries, sectors and localities to revise the regulations on wholesale and retail markets, support development of domestic retailers and better manage distribution and retail activities of foreign-invested retail companies.

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