Legal documents issued from January 18 thru 24 |
From January 18 thru 24, four legal documents were issued, including:
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National action program on sustainable production and consumption approved |
In order to gradually improve the production and consumption model toward more effective use of renewable natural resources and energies and environment-friendly products, the Prime Minister on January 11 approved the national action program on sustainable production and consumption through 2020, with a vision toward 2030 under Decision No. 76/QD-TTg.
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Anti-human trafficking program for 2016-2020 released |
The Prime Minister recently issued Decision No. 2546/QD-TTg, approving the Program on prevention and control of human trafficking during 2016-2020, with the overall goals of reducing human trafficking risk and crime, and effectively receiving, protecting and providing aid to human trafficking victims.
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Number of foreign broadcasting channels to be limited soon |
The number of foreign channels included in a pay radio or television service package will not account for more than 30 percent of the total number of channels.
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Legal documents issued from January 11 thru 17 |
From January 11 thru 17, six legal documents were issued, including:
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National program on occupational safety and health through 2020 approved |
With a view to annually reducing by 5 percent fatal labor accidents in the next five years, the Prime Minister on January 5 approved the National Program on occupational safety and health (OSH) for 2016-2020 period.
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Legal documents issued from January 4 thru 10 |
From January 4 thru 10, seven legal documents were issued, including:
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New guidance on offshore indirect investment |
From February 16, six types of institutions, including securities companies, fund management companies; securities investment funds (through fund management companies), securities investment companies; insurance businesses; commercial banks; general financial companies; and the State Capital Investment Corporation, will be licensed to deal in offshore indirect investment.
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Conditions for foreign parties to join in founding Vietnam-based non-bank credit institutions |
In order to become a founder of a non-bank credit institution operating as a single-member limited liability company, a foreign credit institution must have total assets of over USD 10 billion at the end of the year preceding the year of license application.
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Ten laws come into force from January 1, 2016 |
1. The Law on Social Insurance
Under this Law, male employees who are paying social insurance premiums and whose wives give birth to children are entitled to a maternity leave of 5 working days; or 7 working days in case of caesarean section or where their wives give birth before the 32nd week of pregnancy; or 10 working days in case their wives give birth to twins, an addition of 3 working days for each infant from the second; or 14 working days in case their wives give birth to twins or more infants by caesarean section.
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