Want to be in the loop?
subscribe to
our notification
Business News
SIX LAWS BEING PUT INTO EFFECT FROM BEGINNING OF 2020
Operating vehicles under the influence of alcohol will be officially banned from Wednesday as part of the Law on Prevention and Control of Alcoholic Beverages’ Harmful Effects.
The existing regulations stipulate that drivers are allowed to drink alcohol before setting off in their vehicles providing they are under the limit.
The law is among six that are coming into force from the beginning of next year, with the Law on Enforcement of Criminal Judgments, Law on Public Investment, Law on Management and Use of Weapons, Explosives and Combat Gears, Law on Crop Production and Law on Animal Husbandry.
The Law on Enforcement of Criminal Judgments include two new groups of prisoners that should be held separately.
They are LGBT convicts and prisoners raising children under three years old.
The other six groups held separately are women, under-18s, foreigners, people with infectious diseases and people suffering from mental illnesses.
The new Law on Public Investment regulates that three forms of projects will be exempt from investment policy requirements.
They include projects to promptly prevent, control and mitigate the consequences of disaster and diseases; ensure national defense, security and foreign affairs; and national target programmes.
The Law on Management and Use of Weapons, Explosives and Combat Gear provides additional definitions of “military weapons” and “weapons with properties and uses similar to those of hunting weapons, cold weapons and sports weapons”.
A ban on beating or maltreating livestock is part of the new Law on Animal Husbandry.
The law stipulates the humane treatment of livestock with adequate feed and water. Besides, every slaughterhouse must ensure livestock feel no pain or fear, and are not slaughtered in front of their fellow creatures.
The Law on Crop Production stipulates that organisations and individuals trading plant varieties must set up a legitimate business location and ensure that the origin of plants can be traced.
Source: VNS
Related News
THE VIET NAM IMPORT-EXPORT REPORT TO BE RELEASED THURSDAY
In particular, it includes an itemised import and export report, in specific markets and also includes an overview of all State management activities and policy mechanisms related to the import, export market along with details of all the legal documents issued in the year.
VIETNAM’S TEXTILE SECTOR BRINGS IN $37 BILLION IN FDI
The foreign-invested enterprises play an important role in the textile and garment sector, contributing 65 per cent to the sector’s total export turnover. Major investors mainly come from South Korea, Taiwan, Hong Kong, and China. Among them, South Korea is the largest foreign investor in Vietnam’s textile and garment sector.
TAX AND FEE SUPPORT HINGES ON MPI PROPOSAL APPROVAL
“Business and production activities of enterprises remain in big difficulties. Domestic purchasing power has reduced and people are tightening their belts,” the MPI stated. “Demands in the domestic market are still standing at a low level, while manufacturing and processing enterprises have low competition. These are among the biggest difficulties.”
ARE YOU READY FOR THE #HANOIPLAS 2024 IN JUNE?
Let’s join the upcoming HanoiPlas 2024! One of Vietnam's most significant exhibitions in the plastic and rubber industry showcasing innovative technologies and latest industry trend.
INDULGE IN CANTONESE CUISINE WITH E-MEMBERSHIP - NEW WORLD DINING CLUB
With the E-Membership Program - New World Dining Club, freely immerse yourself in the aromas, flavors, and textures of over 40 delicious dishes, rich in the culinary traditions of Guangdong, at Black Vinegar restaurant and many other dining venues at New World Saigon Hotel.
FDI FLOWS STRONGLY INTO MANUFACTURING, REAL ESTATE
According to the General Statistics Office (GSO), the total FDI disbursed in Vietnam in the first four months of this year reached an estimated 6.28 billion USD, up 7.4 per cent year on year, the highest four-month amount in the past five years.