This Letter would aim to keep you updated with some new laws/regulations in relation to employment and social insurance, in addition to new issues of the on-working draft of revisions of Labor Code 2012 as briefed hereinafter.
Recently, on 14th April 2017, the Government promulgated Decree No. 44/2017/ND-CP (“Decree 44”) replaced provisions on Decree No. 37/2016/ND-CP (“Decree 37”) regarding the rate of contribution to the Occupational Accident And Well-being Assurance, and on 18th April 2017
On 3rd April 2017, the Government promulgated Decree No.33/2017/ND (“Decree 33”) in the replacement of Decree No.142/2013/ND-CP (“Decree 142”) on sanctions for administrative violations in water and mineral resources sector.
On 30th May 2017, The Ministry of Construction promulgated Circular No 04/2017/TT-BXD (“Circular 04”) on promoting compliance with occupational safety legislation in construction sector in replacement of Circular 22/2010/TT-BXD (“Circular 22”).
On 24th February 2017, the Government promulgated the Decree 20/2017/ND-CP regarding tax administration on associated enterprises related transactions (“Decree 20”), under which regulates (i) specific principles, methods, sequences, and procedures on price fixing related to associated transactions; and (ii) obligations of taxpayers in declaring and fixing the price related to associated transactions as well as paying tax.
On 18th April 2017, The Ministry of Planning and Investment promulgated Circular 02/2017/TT-BKHDT regarding the coordination in performing registration procedures for investment and business to foreign investors (“Circular 02”).