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PILOT AUTOMATIC CUSTOMS MANAGEMENT OF EXPORTED AND IMPORTED GOODS AT NOI BAI INTERNATIONAL AIRPORT

On October 13, 2017, the Ministry of Finance issued the Decision No. 2061/QD-BTC on application of pilot automatic customs management and supervision of exports, imports and goods in transit at Noi Bai international airport.

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FROM 2018, TO INCREASE REGION-BASED MINIMUM WAGES BY 6.5%

The Decree No. 141/2017/ND-CP providing for region-based minimum wages applied to employees working under labor contracts issued by the Government on December 07, 2017.

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Basic steps registration – Industrial Design

The procedure for registering industrial designs is similar to that for trademarks, but normally, the time taken for registering a design is shorter than for registration of a trademark. In most countries, design registration process is completed in three to nine months, whereas a trademark registration process may take any thing from twelve months to a few years if the registration is opposed.

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PROCEDURES FOR AIRCRAFT ON EXIT AND ENTRY AND IN TRANSIT THROUGH THE NATIONAL SINGLE WINDOW MECHANISM

On September 26, 2017, the Decision No. 43/2017/QD-TTg issued by the Prime Minister on prescribing the responsibility to carry out procedures for aircraft on exit and entry and in transit through the National Single Window mechanism.

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THE PUBLIC ACCOUNTING SECTOR

On October 10, 2017, the Ministry of Finance guiding the public sector accounting at the Circular No. 107/2017/TT-BTC. Accordingly, public sector entities must use same forms of compulsory accounting vouchers prescribed in this Circular. During the implementation, public sector entities may not modify forms of compulsory

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ENSURING SECURITY, SAFETY FOR BANKING OPERATION

On October 11, 2017, the State Bank of Vietnam issued the Directive No. 07/CT-NHNN on strengthening prevention and protection of violations in the field of monetary and banking, ensuring security, safety for banking operation, contributing to financial and monetary stabilization.

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