New legal documents come into effect from March 2014

05/03/2014
There are many new legal documents of the Vietnamese Government, the Prime Minister and ministries coming into effect from March 2014. This article will introduce them with their noticeable provisions.

1. Decree No. 222/2013/ND-CP of the Government dated 31 December 2013 on payments by cash

According to the Decree No. 222/2013/ND-CP coming into effect from 1 March 2014, organizations using the state budget must not pay by cash in transactions, except cases as prescribed by the Ministry of Finance. In addition, individuals, enterprises and other organizations must not pay by cash in some cases mentioned in the Decree.

2. Decree No. 04/2014/ND-CP of the Government dated 17 January 2014 amending some articles of Decree No. 51/2010/ND-CP dated 14 May 2010 provides for bills for sale of goods and supply of services

Pursuant to the Decree No. 04/2014/ND-CP coming into effect from 1 March 2014, private business must not print bills used for sale of goods and supply services by themselves.

3. Decree No. 06/2014/ND-CP of the Government dated 21 January 2014 on measures of campaigning people to protect national security and preserve social order and security

According to the Decree No. 06/2014/ND-CP, which will come into effect from 8 March 2014, individuals died when directly participating in national security protection and social order and security preservation will be considered as martyrs.

4. Decision No. 01/2014/QD-TTg of the Prime Minister dated 1 January 2014 providing for supplementary wages for judicial expertise

According to the Decision No. 01/2014/QD-TTg coming into effect from 15 March 2014, there are three levels of supplementary wages for judicial expertise namely VND 500,000, VND 300,000 and VND 150,000 per working day.

5. Decision No. 08/2014/QD-TTg of the Prime Minister dated 22 January 2014 on export - import tax exemption for raw gold exported and imported by the State Bank of Vietnam

According to this Decision No. 08/2014/QD-TTg, from 15 March 2014, export - import taxes on raw gold exported and imported by the State Bank of Vietnam will be exempted.

6. Decision No. 13/2014/QD-TTg of the Prime Minister dated 8 February 2014 providing for paying supplementary social insurance to the calculation of retirements and death benefit

The Decision No. 13/2014/QD-TTg will come into effect from 26 March 2014, applying for beneficiaries working for Public Security from 01/01/1995 to 31/12/2006 before switching to work as officials.

7. Joint Circular No. 42/2013/TTLT-BGDDT-BLDTBXH-BTC of Ministry of Education and Training, Ministry of Labour - Invalids and Social Affairs and Ministry of Finance dated 31 December 2013 providing for education policies for the disabled

According to the Joint Circular coming into effect from 5 March 2014, disabled people from poor households and quasi-poor households attending educational institutions will monthly receive scholarships with the amount by 80% of base salary as stipulated by the Government.

8. Joint Circular No. 02/2014/TTLT-BKHDT-BTC of Ministry of Planning and Investment and Ministry of Finance dated 12 February 2014 guiding capital flows for the implementation of the Program of Rapid and Sustainable Poverty Reduction in poor districts

Under the Joint Circular, poor households can borrow from the Bank for Social Policies up to VND 5 million/household with the interest of 0% to buy cattle, livestock and poultry. The Joint Circular will come into effect on 28 March 2014.

9. Circular No. 217/2013/TT-BTC of Ministry of Finance dated 31 December 2013 guiding sanction of administrative violation in the field of stocks and stock market

According to the Circular coming into effect from 1 March 2014, the prescription for sanctioning administrative violation in the field of stocks and stock market is two years.

10. Circular No. 10/2014/TT-BTC of Ministry of Finance dated 17 January 2014 guiding sanction of administrative violation in the field of bills

This Circular came into effect from 2 March 2014. Under the Circular, the prescription for sanctioning administrative violation in the field of bills is one year.