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MAXIMUM INTEREST OF CALL RATE APPLICABLE TO VND DEPOSITS OF PEOPLES CREDIT FUND IS 6,5% PER ANNUM

On March 16, 2020, the State Bank of Vietnam issues the Decision No. 420/QD-NHNN on maximum interest of call rate applicable to VND deposits at credit institutions, foreign bank branches for

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FROM APRIL 17, ASSESSMENT FEE FOR GRANT OF THE SOLAR POWER PLANT’S OPERATING LICENSE IS UP TO VND 28.8 MILLION

On March 03, 2020, the Ministry of Finance promulgates the Circular No. 12/2020/TT-BTC on amending and supplementing Section II, Part A of the Schedule of fees issued together with the Circular No.

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THE CERTIFICATION STATEMENT MUST BE WRITTEN RIGHT UNDER THE CERTIFICATED SIGNATURE

The Ministry of Justice promulgates the Circular No. 01/2020/TT-BTP on detailing and guiding the implementation of a number of Articles of the Decree No. 23/2015/ND-CP dated February 16, 2015 of the Government on grant of duplicates from master registers,

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MASTER PLAN ON DEVELOPMENT OF THE AIRPORT SYSTEM IN THE 2021-2030 PERIOD

On March 04, 2020, the Prime Minister issues the Decision No. 336/QD-TTg on approving the task of formulating the overall master plan on development of the national system of airports and aerodromes in the 2021-2030 period, with a vision toward 2050.

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TO TEMPORARILY HALT UNILATERAL VISA EXEMPTION FOR VIETNAMESE RESIDING IN 8 FOREIGN COUNTRIES

On March 11, 2020, the Prime Minister issues the Directive No. 13/CT-TTg on continuing to promote the prevention and control of the COVID-19 epidemic in the new situation.

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3 CONDITIONS FOR RESCHEDULING THE DEBT PAYMENT TERM DUE TO THE COVID-19 EPIDEMIC

On March 13, 2020, the State Bank of Vietnam promulgates the Circular No. 01/2020/TT-NHNN on providing regulations on the credit institutions and foreign bank branches’ debt rescheduling, exemption and reduction of interest rates and fees, keeping the debt group in

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THE PEOPLE’S COMMITTEE OF HO CHI MINH CITY SHALL HAVE SPECIFIC REGIME TO SHORTEN TIME OF LAND COMPENSATION

This content is prescribed by the Government in the Resolution No. 27/NQ-CP dated March 09, 2020 on approving the pilot application of specific mechanisms and processes to shorten the time for compensation, support, resettlement and handover of ground of the land

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EMPLOYER PAYS WORKERS LESS THAN THE REGION-BASED MINIMUM WAGES SHALL BE FINED UP TO VND 75 MILLION

On March 01, 2020, the Government promulgates the Decree No. 28/2020/ND-CP on providing penalties for administrative violations in the fields of labor, social insurance, and overseas manpower supply under contract.

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TO SPEND 250 TRILLION OF CREDIT SUPPORT FOR ENTERPRISES AFFECTED BY THE COVID-19 EPIDEMIC

This content is prescribed by the Prime Minister in the Directive No. 11/CT-TTg on urgent tasks and solutions to remove difficulties for production and business ensure social security in response to the Covid-19 epidemic dated March 04, 2020.

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