The new policies of the State of Vietnam take effect from January and February 2021
11:11 22/02/2021

1. Investment sector

- Law on Investment 2020. Effective date: 01/01/2021.

- Law on Investment under the mode of public-private partnership 2020. Effective date: 01/01/2021.

- Circular 09/2020/TT-BKHDT guiding the preparation of bidding documents for procurement of goods for bidding packages within the scope of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership signed by the Ministry of Planning and Investment. Investment issued. Effective date: January 15, 2021.

- Circular 12/2020/TT-BKHDT guiding the functions, tasks, powers and organizational structure of the Management Board of industrial parks, export processing zones and economic zones by the Minister of Planning and Investment promulgate. Effective date: 16/02/2021.

2. Business Sector

- Law on Enterprise 2020. Effective date: 01/01/2021.

- Circular 08/2020/TT-BKHĐT on guiding the receipt of grants, contributions and entrustment of the Small and Medium Enterprises Development Fund issued by the Ministry of Planning and Investment. Effective date: January 15, 2021.

- Circular 14/2020/TT-BKHDT guiding the handling of risks in direct lending activities of the Small and Medium Enterprise Development Fund issued by the Ministry of Planning and Investment. Effective date: February 25, 2021.

3. Commerce sector

- Circular 05/2019/TT-BKHCN guiding Decree 43/2017/ND-CP on goods labels issued by the Minister of Science and Technology. Effective date: 01/01/2021.

- Circular 30/2020/TT-BCT guiding the implementation of the Free Trade Agreement between Vietnam and the European Union on trade remedies issued by the Minister of Industry and Trade. Effective date: 11/01/2021.

4. Sector of Currency - Banking

- Circular 18/2020/TT-NHNN abolishing legal documents issued by the Governor of the State Bank of Vietnam. Effective date: February 15, 2021.

5. Sector of Taxes - Fees - Fees

- Circular 105/2020/TT-BTC providing guidance on tax registration issued by the Minister of Finance. Effective date: January 17, 2021.

6. Sector of Labor – Salary

- Labor Code 2019. Effective date: 01/01/2021.

- Decree 135/2020/ND-CP regulating the retirement age. Effective date: 01/01/2021.

- Circular 13/2020/TT-BLDTBXH guiding the collection, storage, synthesis, provision, publication and assessment of occupational accidents and technical incidents causing unsafety and unsafety serious labor issues issued by the Ministry of Labor, War Invalids and Social Affairs. Effective date: January 15, 2021.

- Decision 34/2020/QD-TTg on the list of occupations in Vietnam issued by the Prime Minister. Effective date: January 15, 2021.

- Decree 145/2020/ND-CP guiding the Labor Code on labor conditions and labor relations. Effective date: February 1, 2021.

- Circular 22/2020/TT-BLDTBXH abolishing legal documents issued and jointly issued by the Minister of Labor, War Invalids and Social Affairs. Effective date: February 15, 2021.

- Decree 152/2020/ND-CP on foreign workers working in Vietnam and recruiting and managing Vietnamese employees working for foreign organizations and individuals in Vietnam. Effective date: February 15, 2021./.


Translated by Nguyen Mai Huong, Chief of Office, Bac Ninh IZA
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