New regulations on compulsory insurance in construction investment under Decree 20/2022/ND-CP amending Decree 119/2015/ND-CP on compulsory insurance in construction investment.
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Some new provisions on offer and trading of privately-placed corporate bonds in domestic market
After more than 1 year of issuance and implementation, Decree 153/2020/ND-CP on offer and trading of privately-placed corporate bonds in domestic market and offer of corporate bonds to international market (Decree 153) has revealed certain inadequacies in the context of overheating of the corporate bond market in Viet Nam, with the appearance of unlawful capital mobilization from bond issuance. As a result, the Ministry of Finance is drafting a Draft Decree for amending and supplementing Decree 153 to respond to the current developments of the market.
Read moreNew regulations on sanctioning administrative violations in labor and salary
Decree 12/2022/ND-CP on regulations of administrative penalties for violations in labor, social insurance, and sending Vietnamese workers to work abroad under contracts (Decree 12). Decree 12 replaces Decree 28/2020/ND-CP. Some notable contents related to new regulations on sanctioning administrative violations in labor and salary are analyzed in the article.
Read moreReducing the value-added tax rate to 8% for some classes of goods and services
On January 28, 2022, the Government issued Decree 15/2022/ND-CP prescribing tax exemption and reduction under Resolution 43 on fiscal and monetary policies for supporting Socio-Economic Recovery and Development Program (Decree 15). Decree 15 takes effect from February 1, 2022. Some notable contents related to the value-added tax reduction policy are analyzed in the article.
Read moreSome notable provisions in the Draft Law on Protection of consumers’ rights (amended)
After almost 11 years of implementation, several provisions of the Law on Protection of Consumers’ Rights 2010 have been no longer consistent with the reality, causing many problems and inadequacies. In order to ensure the interests of consumers in the changing economic and social context, the Draft Law on Protection of Consumers’ Rights (the Draft Law) has been drafted and is now in the process of collecting opinions. This article reviews some key points of the Draft Law on Protection of Consumers’ Rights (Draft 2) posted on the Government Portal.
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