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Official Gazette

Monday, April 6, 2020
Tags: draft decree
Violations in joint training to face hefty fines Violations in joint training to face hefty fines
An education institution would carry a maximum fine of VND 70 million (USD 2,900) or VND 80 million (USD 3,400) if violating regulations on coordination with foreign partners in providing joint training or holding foreign language proficiency tests, respectively.
Central bank delays foreign ownership cap in payment services industry Central bank delays foreign ownership cap in payment services industry
The State Bank of Vietnam has said it will not cap foreign ownership of companies in the payment services industry in its draft decree to replace Decree 101.
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.
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.
Govt to issue lists of preferential tariffs under EVFTA Gov’t to issue lists of preferential tariffs under EVFTA
The Government is set to issue a decree on the lists of preferential export tariffs and special preferential import tariffs to implement the EU-Vietnam Free Trade Agreement (EVFTA) when the deal comes into force in Vietnam.
Draft decree to boost public employees wages Draft decree to boost public employees' wages
Civil servants, public employees and members of the armed forces are set for a new basic salary, with the highest increase in the past eight years.
Government decree drafted to protect personal data Government decree drafted to protect personal data
The ministry said that new services using personal information, such as online payments, e-commerce, games, cryptocurrency trading and multi-level businesses, have raised issues related to national security and social order and safety.
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.
MoF proposes fines for invoice violations MoF proposes fines for invoice violations
The Ministry of Finance has proposed fines of between VND 20 million and VND 50 million for the act of printing fraudulent invoices.
National public service portal officially launched National public service portal officially launched
The national public service portal, an electronic platform to connect the Government with people and enterprises, is scheduled to be officially open on Monday after nine months of construction.