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LIST OF VIETNAM’S POSTS AND EXPORTS

On June 27, 2017, the Ministry of Finance issued the Circular No. 65/2017/TT-BTC dated June 27, 2017 of the Ministry of Finance on promulgating the List of Vietnam’s posts and exports, applied from January 01, 2018.

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PILOT SETTLEMENT OF BAD DEBTS OF CREDIT INSTITUTIONS

On June 21, 2017, the National Assembly passed the Resolution No. 42/2017/QH14 dated June 21, 2017 of the National Assembly on the pilot settlement of bad debts of credit institutions, applicable to the debt that has arisen and has been considered as a bad debt before August 15, 2017; and the debt that has arisen before August

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GUIDING THE METHODS OF PAYMENT FOR ADJUSTMENT OF THE STATUTORY PAY RATE

On June 30, 2017, the Ministry of Finance issued the Circular No. 67/2017/TT-BTC dated June 30, 2017 of the Ministry of Finance guiding the determination of funding demand and source and methods of payment for adjustment of the statutory pay rate under the Government’s Decree No. 47/2017/ND-CP and adjustment of monthly

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FROM JULY 01, TO INCREASE PENSIONS, SOCIAL INSURANCE BENEFITS BY 7.44%

On June 30, 2017, the Government issued the Decree No. 76/2017/ND-CP dated June 30, 2017 of the Government on amending the pensions, social insurance benefits and monthly benefits.

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EVN ALLOWED RISING FROM 3% TO BELOW 5%

The Decision No. 24/2017/QD-TTg on mechanism for adjustment of average retail electricity price issued by the Prime Minister on June 30, 2017.

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ONLY SPECIAL AGENCIES ALLOWED TO GET CAMOUFLAGED SOUND RECORDING AND VIDEO RECORDING DEVICES

On May 19, 2017, the Government issued the Decree No. 66/2017/ND-CP prescribing the conditions for doing business in camouflaged sound recording, video recording and positioning devices and software.

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MANY INCENTIVES FOR INVESTMENT PROJECTS IN HOA LAC HI-TECH PARK

The Decree No. 74/2017/ND-CP on provisions for specific policies on Hoa Lac hi-tech park issued by the Government on June 20, 2017, takes effect on August 05, 2017.

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POSSESSING A CERTIFICATE OF TRA CATFISH FARMING POND IDENTIFICATION CODE

From July 01, 2017, commercial Tra catfish farming must process a certificate of Tra catfish farming pond identification code and Each farming pond shall be granted only one code is the important content prescribed at the Decree No. 55/2017/ND-CP on the management of Tra catfish farming and processing and export of Tra catfish

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TO SUPPLEMENT THE REGULATIONS ON FOREIGN EXCHANGE ADMINISTRATION IN ENTERPRISE’S FOREIGN BORROWING AND FOREIGN DEBT REPAYMENT

On June 30, 2017, the State Bank of Vietnam issued the Circular No. 05/2017/TT-NHNN on amending, supplementing a number of articles of the Circular No. 03/2016/TT-NHNN dated February 26, 2016 of the State Bank of Vietnam providing several instructions on foreign exchange administration in respect of enterprise’s foreign

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