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Official Gazette

Thursday, February 22, 2018
Tags: draft decree
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.
Procedures for customs valuation to be further simplified Procedures for customs valuation to be further simplified
The General Department of Customs is working out a draft decree to revise Decree 08 issued in 2015, which focuses on simplification of procedures for customs valuation to create more favorable conditions for priority enterprises in the customs sector.
Draft sets forth incentive policies for startups Draft sets forth incentive policies for startups
The Ministry of Planning and Investment has recently revealed a draft decree detailing creative startup investment, which is expected to create a legal framework and provide incentive policies for attracting more investment in this field.
Imported used car duty to be doubled Imported used car duty to be doubled
Traders would have to pay an extra USD 5,000 of import duty to bring a used car with nine seats or less into Vietnam, if a draft decree recently proposed by the Ministry of Finance is approved.
Public property might be used to pay for BT projects Public property might be used to pay for BT projects
The Ministry of Finance recently revealed a draft decree allowing the use of public property to make payment to investors that implement construction investment projects in the form of build-transfer.

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