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

1. Investment

- Investment law 2020. Effective date: 01/01/2021.

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

- Circular 09/2020/TT-BKHDT guiding the preparation of bidding documents for goods procurement for the packages within the scope of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership issued by the Ministry of Planning and Investment. Effective date: 15/01/2021.

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

2. Enterprise

- Enterprise law 2020. Effective date: 01/01/2021.

- Circular 08/2020/TT-BKHDT guiding the receipt of financing, contribution, and receipt of trust from the Small and Medium Enterprise Development Fund issued by the Ministry of Planning and Investment. Effective date: 15/01/2021.

- Circular 14/2020/TT-BKHDT guiding the handling of risks in direct lending of the Small and Medium Enterprise Development Fund issued by the Ministry of Planning and Investment. Effective date: 25/02/2021.

3. Commerce

- Circular 05/2019/TT-BKHCN guiding the Decree 43/2017/ND-CP on goods labeling 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 regarding trade remedies issued by the Minister of Industry and Trade. Effective date: 11/01/2021.

4. Money – Banking

- Circular 18/2020/TT-NHNN annulling the legal documents issued by the Governor of the State Bank of Vietnam. Effective date: 15/02/2021.

5. Taxes – Fees – Charges

- Circular 105/2020/ TT-BTC guiding the tax registration issued by the Minister of Finance. Effective date: 17/01/2021.

7. Labor – Wages

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

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

- Circular 13/2020/TT-BLDTBXH guiding collection, storage, consolidation, provision, publication and assessment of occupational accidents and technical difficulties causing serious loss of occupational safety and hygiene issued by the Ministry of Labor, War Invalids and Social Affairs. Effective date: 15/01/2021.

- Decision 34/2020/QD-TTg on the List of Vietnamese occupations issued by the Prime Minister. Effective date: 15/01/2021.

- Decree 145/2020/ND-CP guiding the Labor Code on working conditions and labor relations. Effective date: 01/02/2021.

- Circular 22/2020/TT-BLDTBXH annulling the legal documents issued, issued jointly by the Minister of Labor, War Invalids and Social Affairs. Effective date: 15/02/2021.

- Decree 152/2020/ND-CP providing regulations on foreign employees working in Vietnam and recruitment, management of Vietnamese employees working for foreign organizations and individuals in Vietnam. Effective date: 15/02/2021.

By Nguyen Van Hau
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