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NEW POLICIES COME INTO EFFECT IN APRIL
A series of policies in fields of sea lanes and traffic separation schemes in the territorial sea of Viet Nam, State’s special goods transported and protected by the Viet Nam People's Security Forces and compulsory fire and explosion insurance products will come into effect since April 2018.
Decree No. 16/2018/ND-CP dated February 02, 2018 on sea lanes and traffic separation schemes in the territorial sea of Viet Nam comes into effect since April 1, 2018.
Accordingly, vessels transporting cargos, passengers and luggage or military vessels and other non-commercial vessels crossing Viet Nam’s territorial sea and inland waterway to enter Vietnamese seaports must travel the right lanes and carry out procedures for vessels as regulated.
Decree No. 21/2018/NĐ-CP stipulates on State’s special goods transported and protected by the Viet Nam People's Security Forces. Special goods include 1 – cash (VND) and valuable papers (bonds, bills, shares, bonds and other valuable papers as regulated by law); 2 – valuable assets (gold, precious mental, gems and foreign currencies); 3- national artifacts, antiques and treasures under the charge of the State.
Decree No. 22/2018/NĐ-CP details and guides the implementation of a number of articles of the Law on Intellectual Property in 2005 and Law Amending and Supplementing a Number of Articles of the Law on Intellectual Property in 2009 regarding copyright and related rights.
Decree No. 23/2018/NĐ-CP defines compulsory fire and explosion insurance products. This new table of insurance premiums is only applied to facilities with the total sum insured on a single facility is less than VND 1,000 billion. If the total sum insured on a single facility is VND 1,000 billion or over, the insurer and the policyholder shall reach an agreement on the insurance premiums in accordance with regulations of law and with the reinsurer’s approval.
Decree No. 24/2018/NĐ-CP deals with complaints and denunciations settlements in the domain of labor, occupational education and activities of sending Vietnamese laborers to work abroad under contracts, jobs, labor safety and hygiene.
Decree 27/2018/ND-CP, amends and supplements some articles of Decree 72/2013/ND-CP on the management, supply and use of Internet services and online information.
1. Container truck approach bridge supply-bid extend2. Equipment and materials supply-bid denial3. Vertical seismic profiling processing supply4. Elevator system supply and installation5. Materials, chemicals, biological supply-bid cancel----and more news
1. Local banks' shareholders get high dividend payouts 2. IMF forecasts Vietnam's GDP to grow 6.6pct in 2018 3. Support industry needs push: deputy PM 4. Finance ministry suggesting raising environment protection taxes5. Golden time for logistics M&A deals in Vietnam ----and more news
1. Electric forklift truck supply-bid extend2. Condenser supply and installation-bid extend3. Spare parts for repair portable gas detectors supply4. Air conditioner construction-bid extend5. Disinfection machine supply-bid extend----and more news
1. Banks utilise cheap capital source from individual accounts 2. Canada offers huge opportunities for Vietnam wood processing sector 3. New bill expected to promote PPP investment activities4. New policies will take effect in April 5. Vietnamese steel sector looks to overcome trade defence measures ----and more news
Garment and textile firms should understand the needs of their workers and invest in enhancing human resource management to sustain a productive and quality workforce, a seminar heard in HCM City last Saturday.
Real estate lending continued to remain high at more than 10 per cent of the total outstanding loans in several banks. Online news portal Bizlive.vn reported that the top five banks recording a high proportion of real estate lending by the end of last year were Sacombank, 17.6 per cent; Techcombank, 12.6 per cent; LienVietPostBank, 11.6 per cent; Kienlongbank, 10.1 per cent and VPBank, 8.5 per cent.