The State Bank of Vietnam is is urgently working with relevant ministries to finalise the pilot programme of utilising telephone subscription accounts to make small payments, or mobile money.

The global coronavirus crisis is triggering major disruptions for companies in Vietnam and throughout the world. The unique circumstances mean that many managers are left having to hope for the best and prepare for the worst.

The Labor Code 2019 increases the number of overtime working hours for employees which does not exceed 40 hours/month instead of 30 hours/month as stipulated by the Labor Code 2012.

In his recent phone talks with European Commissioner for Trade Phil Hogan, Minister of Industry and Trade Tran Tuan Anh exchanged views on a number of issues related to the European Union – Vietnam Free Trade Agreement (EVFTA) and bilateral cooperation and trade in the context of the raging COVID-19 pandemic.

HÀ NỘI — The Vietnamese Foreign Ministry on Friday received a diplomatic note from the Republic of Korea (RoK) Embassy in Việt Nam which said amid the complicated developments of the COVID-19 pandemic worldwide, the Korean Government has decided to suspend the validity of short-term visas for foreigners, irrespective of countries and territories, starting from 00:00 on April 13. 

Prime Minister Nguyen Xuan Phuc on Wednesday approved Decree No 41/2020/ND-CP about the extension of deadlines for tax and land use fee payments to support businesses suffering from the COVID-19 pandemic.

The Ministry of Industry and Trade said that the most important priority at present was to maintain the operation of domestic industrial enterprises during the novel coronavirus (COVID-19) pandemic.

The Government has officially decided to approve a new feed-in-tariff mechanism to encourage development of solar power in Viet Nam.

Bui Sy Loi, vice chairman of the National Assembly’s Committee for Social Affairs talks about solutions to support labourers after many enterprises have declared bankruptcy or been temporarily suspended operations due to the COVID-19 pandemic.

Lack of regulations on requiring goods invoices is causing the likes of Facebook and Shopee to become indirect culprits of suffusion of goods with unidentified origin, raising concerns on the piracy of genuine products.

The age of retirement for employees in normal working conditions is adjusted according to the roadmap until they reach 62 years of age for the male employees by 2028 and 60 years for the female employees by 2035.

The Ministry of Transport has asked the Government to assign the Ministry of Finance to consider reducing several taxes for transport businesses.

Viet Nam needed to develop policies to encourage investments in waste-to-energy, also called bioenergy, which would significantly contribute to protecting the environment, experts have said.

HCM City has attracted over US$1 billion worth of FDI as of March 20, a 33 per cent drop year-on-year, according to the HCM City Statistics Office.

The agricultural sector recorded a trade surplus of about US$2.9 billion in the first quarter of this year despite suffering through the COVID-19 pandemic, according to the Ministry of Agriculture and Rural Development (MARD).

The Ministry of Finance has asked insurers to stop introducing and selling insurance packages related to COVID-19.

The Viet Nam Immigration Department has issued guidelines on extension of temporary residence for foreigners in Viet Nam who are unable to exit Viet Nam to return home due to the outbreak of COVID-19.

The European Council on March 30 passed a decision to ratify the EU-Viet Nam Free Trade Agreement (EVFTA), paving the way for the deal to come into force.

Real estate developers are advising the government to detail supportive measures for the sector after Directive No.11/CT-TTg dated March 4 on urgent objectives and solutions for assisting businesses facing difficulties and assurance of social welfare amid the COVID-19 pandemic was issued.

The Ha Noi Small- and Medium-sized Enterprises Association (Hanoisme) has proposed Ha Noi to cut land rent by 50 per cent in the first half of this year for enterprises struggling due to the novel coronavirus (COVID-19) pandemic.