Want to be in the loop?
subscribe to
our notification
Business News
SIX LAWS TAKE EFFECT SINCE JANUARY 1, 2022
Six laws on environmental protection, handling of administrative violations, Vietnamese laborers working abroad, drug prevention and control, border defense and statistics come into effective in January 1, 2022.
The Law on Environmental Protection was adopted by the 14th National Assembly at its 10th sitting on November 17, 2020. This law consists of 16 Chapters and 171 Articles.
The law is expected to cut more than 40 percent of administrative procedures, and reduce the time for processing administrative procedures by approximately 20 – 85 days.
The Law on amendments and supplements to a number of articles of the Law on Handling of Administrative Violations was adopted on November 13, 2020 at the 10th sitting of the 14th National Assembly.
Under the revised Law, the maximum fine levels shall be increased in the following 10 fields:
- A fine from VND 40 million to VND 75 million shall be imposed on violations in the fields of road traffic and social evil prevention and control;
- A fine from VND 50 million to VND 75 million shall be imposed on violations in the fields of cipher, national border management and protection, and education;
- A fine from VND 50 million to VND 100 million shall be imposed on violations in the field of electricity;
- A fine from VND 100 million to VND 200 million shall be imposed on violations in the field of protection of consumer interests;
- A fine from VND 100 million to VND 250 million shall be imposed on violations in the fields of hydraulic work and press; and,
- A fine from VND 150 million to VND 500 million shall be imposed on violations in the field of real estate business.
The Law on Vietnamese workers working abroad under the contract (revised) includes eight Chapters and 74 Articles.
An employee may unilaterally terminate the contract when being abused or forced to work by employees or being sexual harassed when working abroad.
Employees working abroad do not have to pay social insurance or social income tax twice in Viet Nam or in host country or territory if Viet Nam and that country or territory have signed agreement on social insurance or double taxation.
The Law on Drug Prevention and Control, which was approved at the 11th sitting of the 14th National Assembly, comprising eight Chapters and 55 Articles.
It specifies regulations on drug prevention and control, the management of people using drugs illegally, detoxification, the responsibility of individuals, families, offices and organizations in drug prevention and control, and State management and international cooperation in the issue.
Compared to the 2000 Law on Drug Prevention and Control (revised in 2008), it regulates more forbidden behaviors, supplements regulations on the control of drug precursors, and specifies cases requiring drug tests, among others.
Notably, the 2021 law contains specific regulations on the compilation of dossiers in order to send drug addicts aged from full 12 to under 18 to compulsory detoxification establishments.
The Law on Viet Nam Border Defense specifies seven polices of the State on border defense, including supplementing specific policies for development of economy, culture, society, science, technology and diplomacy at border areas.
The Law defines that activities at border areas, border belts and restricted zones will be restricted or temporarily suspended in cases of armed conflict, terrorism, kidnapping or when notices on restriction/suspension of cross-border travel are issued by competent authorities.
The Law on amendments and supplements to a number of articles of the Law on Statistics and Appendix List of national statistical indicators of the Law on Statistics was approved at the second sitting of the 15th National Assembly.
This law is expected to better assess socio-economic performance.
Source: VGP
Related News
REAL TEST - NOT JUST WORDS
A truly fireproof bag must prove itself through action. SentrySafe FBWLZ0 was put to the test under flames reaching 1,300-2,000°C. Constructed with 4 layers of high-quality materials — not just for marketing, but for real protection. When risks happen, what you need is reliable protection. SentrySafe FBWLZ0 – safeguarding what matters most, even in extreme conditions.
EXCLUSIVE HKBAV MEMBER OFFER DISCOUNT: 15% OFF
Eligibility: HKBAV membersPromotion: Special offer for the 2026 Mid-Autumn FestivalHow to enjoy the discount: Please mention that you are an HKBAV member when placing your order.
TECHNOLOGY ASSESSMENT IN THE CONTEXT OF INNOVATION AND GREEN TRANSFORMATION
Vietnam's new vision on strategic foreign direct investment means that the work of Vinacontrol Group in terms of technology assessment is deemed more vital than ever. Vinacontrol Group is currently one of only two organisations nationwide designated by the Ministry of Science and Technology to conduct technology assessment under Decision No.29/2023/QD-TTg, placing it at the centre of a process that increasingly determines whether an investment project can proceed, be adjusted, or be extended.
HO CHI MINH CITY OUTLINES PLANS TO START FOUR MORE METRO LINES
Ho Chi Minh City People’s Committee plans to begin construction on four metro lines by the end of 2026, which is part of the plan to complete 255km of metro lines by 2030. The first line, which connects Binh Duong New City with Suoi Tien, covers a length of over 32km, with an estimated investment of $2.18 billion. The line will pass through seven wards.
VIETNAM TARGETS 50,000 AI-SKILLED PROFESSIONALS FOR KEY SECTORS BY 2030
Vietnam is stepping up efforts to build an AI-ready workforce, targeting 50,000 skilled professionals and 10,000 advanced specialists by 2030 to strengthen strategic industries. Deputy Prime Minister Le Tien Chau signed Decision No.1528/QD-TTg, dated August 11, approving the National Programme on Artificial Intelligence Human Resource Development through 2030, with a vision to 2035.
DUNG QUẤT EZ, QUẢNG NGÃI IPS DRAW NEARLY US$19.4 BLN
The Dung Quất Economic Zone and Quảng Ngãi industrial parks have so far attracted 441 projects worth around US$19.4 billion, according to the Dung Quất Economic Zone and Quảng Ngãi Industrial Parks Authority (DEZA). The DEZA now has 350 projects run by 293 companies, employing nearly 81,700 workers, while about 20,000 additional experts, engineers and workers are building mega projects, according to data presented at a workshop marking the authority’s 30th anniversary recently.
























