EIGHT DECREES, ONE CIRCULAR TAKE EFFECT IN FEBRUARY

The legal documents include new regulations on foreign exchange management regarding foreign currency funding of microfinance, socio-political organizations and non-governmental organizations.

Decree No. 94/2019/ND-CP dated December 13, 2019 detailing a number of articles of the Law on Crop Production regarding plant varieties and crop production shall come into force since February 1, 2020.

Decree No. 95/2019/ND-CP amending and supplementing some articles of Decree No. 24a/2016/ND-CP on management of building materials shall take effect since February 10, 2020.

Decree No. 97/2019/ND-CP amending and supplementing some articles of Decree No. 30/2018/ND-CP dated March 7, 2018 of the Government on establishment and operation of property valuation council shall take effect since February 15, 2020.

Decree No. 99/2019/ND-CP elaborating and providing guidelines for a number of articles of the Law on amendments to the Law on Higher Education are to come into force since February 15, 2020.

Decree No. 04/2020/ND-CP dated January 03, 2020 amendments to Government’s Decree No. 31/2016/ND-CP on penalties for administrative violations against regulations on plant varieties, plant protection and quarantine, and Government’s Decree No. 90/2017/ND-CP on penalties for administrative violations against regulations on veterinary medicine shall take effect since February 18, 2020.

Decree No. 06/2020/ND-CP amending and supplementing Article 17 of Decree No. 47/2014/ND-CP dated May 15, 2014 stipulating regulations on compensation, support, and resettlement upon land expropriation by the State shall take effect since February 20, 2020.

Decree No. 07/2020/ND-CP on Viet Nam's special preferential import tariffs for the implementation of ASEAN-Hong Kong (China) Free Trade Agreement during 2019-2022 period shall come into force since February 20, 2020.

Decree No. 08/2020/ND-CP on organization and operation of bailiff offices are to take effects since February 24, 2020.

Circular No. 34/2019/TT-NHNN dated December 31, 2019 of the State Bank of Viet Nam provides guidance on foreign exchange management regarding foreign currency funding of microfinance, socio-political organizations and non-governmental organizations.

The Circular shall come into force since February 14, 2020.

Source: VGP

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