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Official Gazette

Saturday, September 19, 2020
Tags: draft circular
New circular helps perfect financial products and stock market: expert New circular helps perfect financial products and stock market: expert
The State Securities Commission’s draft circular to replace an older one on the guidelines for securities trading is in line with modern trends, perfecting financial products and their diversities, adjusting trading time to suit the needs of domestic and foreign investors, said an expert.
Draft sets out working conditions for minor employees Draft sets out working conditions for minor employees
Employers might employ persons aged under 15 to do jobs suitable to their health but must obtain the consent of their parents or guardians. It is highlighted in a draft circular on employment of under-15 persons prepared by the Ministry of Labor, Invalids and Social Affairs.
Draft circular aims at stricter control of corporate bond-related transactions Draft circular aims at stricter control of corporate bond-related transactions
Credit institutions and foreign bank branches with a non-performing loan ratio of over 3 percent would be disallowed to buy corporate bonds, according to a draft circular recently released by the State Bank of Vietnam.
MOF guides tax-related e-transactions MOF guides tax-related e-transactions
Taxpayers could conduct tax-related e-transactions around the clock via the portal of the General Department of Taxation or portals of other competent state agencies that are connected to the GDT’s, says a draft circular designed by the Ministry of Finance.
Ministry proposes joint training in higher education Ministry proposes joint training in higher education
Higher education institutions, academies and institutes of Vietnam may coordinate with their foreign partners in providing online or combined classroom and online joint training courses at bachelor’s, master’s, and doctor’s levels.
Bidding required for state budget-funded radio and television broadcasts Bidding required for state budget-funded radio and television broadcasts
The production of radio and television broadcasts and provision of Internet-based radio and television services using state budget funds would be implemented through bidding or order placement.
Anti-money laundering regulations to be revised Anti-money laundering regulations to be revised
Payment intermediary service providers would have to apply measures to prevent and combat money laundering as financial institutions do. Such is provided in a draft decree prepared by the State Bank of Vietnam to revise several articles of Decree 116 of 2013.
SBV guides payment for goods in border-gate transfer SBV guides payment for goods in border-gate transfer
Payment for goods in border-gate transfer must be conducted via authorized banks, the State Bank of Vietnam requires in a draft circular guiding payment and money transfer for goods in border-gate transfer.
Provisions on VAT refund for foreigners to be amended Provisions on VAT refund for foreigners to be amended
The General Department of Customs is working on a draft circular to revise Circular 72 of 2014 regarding value-added tax refund for goods brought along by foreigners and overseas Vietnamese upon exit, with a view to boosting tourism.
Management of apartment building maintenance funds clarified Management of apartment building maintenance funds clarified
The Ministry of Construction has publicized a draft circular on the Regulation on the management and use of apartment buildings, requiring each apartment building maintenance fund to have three to five account co-holders.

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