Individuals Eligible to Practice Land Valuation Consulting with Three Conditions
On June 27, 2024, the Government issued Decree no. 71/2024/ND-CP on land valuation. The area to build the land price list for each land plot based on the value area, the standard land plot must ensure the following conditions: Having a Digitized Cadastral Map: The map must be revised and updated when there are […]
Regulations on Base Salary and Bonus System
On June 30, 2024, the Government issued Decree 73/2024/ND-CP, which regulates the base salary and bonus system for officials, public servants, civil servants, and armed forces personnel. Specifically, the base salary is 2,340,000 VND/month, as stipulated in Article 3 of Decree 73/2024/ND-CP. Article 4 of the Decree provides regulations on the bonus system for […]
Regional minimum wage increase from July 1, 2024
On June 30, 2024, the Government issued a Decree No. 74/2024/ND-CP regulating the minimum wage for employees working under labor contracts, in which: Applicable subjects include: Employees work under labor contracts according to the provisions of the Labor Code. Employers according to the provisions of the Labor Code, including: a) Enterprises according to the provisions […]
Increase pension, social insurance allowance and monthly allowance by 15%
On June 30, 2024, the Government issued Decree No. 75/2024/NĐ-CP adjusting pensions, social insurance allowances, and monthly allowances. Here are some notable provisions of this Decree: Starting from July 1, 2024, a 15% increase will be applied to pensions, social insurance allowances, and monthly allowances compared to those of June 2024: - From […]
The new basic salary levels in direct payment of healthcare costs covered by health insurance.
On July 1, 2024, the Ministry of Health issued Dispatch No. 3687/BYT-BH regarding the application of basic salary levels as stipulated in Decree No. 73/2024/NĐ-CP for the payment of healthcare costs covered by health insurance. Accordingly, the Ministry of Health provides guidance on the direct payment of healthcare costs covered by health insurance from […]
Implementation of Decree No. 72/2024/NĐ-CP regarding the implementation of matters related to the Customs sector.
On July 1, 2024, the General Department of Customs issued Dispatch No. 3160/TCHQ-TXNK to implement matters related to the Customs sector. Regarding the value-added tax (VAT) reduction policy: a) Reduction of the VAT rate by 2% for goods currently subject to a 10% VAT rate (reduced to 8%), excluding certain groups of goods such as […]
Adjusting gasoline and oil prices
On June 27, 2024, the Ministry of Industry and Trade issued Official Dispatch No. 4477/BCT-TTTN on operating petroleum business. The Ministry of Industry and Trade announces the base prices of popular consumer petroleum products on the market, as follows: E5RON92 gasoline increased by 506 VND/liter, kg to 22,014 VND/liter, kg; RON95-III gasoline increased by 544 […]
Continue to remove difficulties and support production and business activities
On June 28, 2023, the Minister of Finance issued Circular No. 43/2024/TT-BTC stipulating the rates for certain fees and charges to continue easing difficulties and supporting business production and operations. Accordingly, some fees and charges will be reduced by 50% compared to the current rates from the date Circular No. 43/2024/TT-BTC takes effect until December […]
Value-Added Tax Reduction Policy
On June 29, 2024, the Government issued Decree No. 72/2024/ND-CP stipulating the policy for reducing value-added tax according to Resolution No. 142/2024/QH15 dated June 29, 2024, of the National Assembly. The document is accompanied by Appendices I, II, and III, which include the "List of goods and services not eligible for value-added tax rate reduction." […]