Host of new regulations take effect this month
Host of new regulations take effect this month
A range of fresh policies coming into effect this month will force major changes nationwide, including registration before drawing money from the State budget and energy labels on cars and motorbikes.
Circular No 13 issued by the Ministry of Finance in February said that all agencies and organisations spending State budget money are required to register one day before drawing more than VND200 million (US$8,790) from the provincial-level State Treasury, and VND100 million ($4,395) from the district-level State Treasury as of April 1.
The move aims to ensure that State treasuries can fully and promptly provide funds to agencies.
In the meantime, a decision approved by Prime Minister Nguyen Xuan Phuc asked producers of motorbikes and cars fewer than nine seats to label their energy statistics.
Starting April 25, the decision will encourage producers to voluntarily label energy until December 31, 2017 for car producers, and December 31, 2019 for motorbike producers. Then, the producers will be forced to implement the decision.
The decision was designed to help the Government in controlling emissions, saving energy and protecting the environment.
A decree issued on February and taking effect on April 1 ordered the State-owned Electricity of Viet Nam (EVN) to not mobilise capital to invest in securities, banking, insurance, investment funds, real estate, as well as finance. The decree was issued to better control financial management of EVN.
The Ministry of National Defence will recover arrears of social insurance payment from its units following the circular No 37/2017-BQP. The circular says that all the ministry’s units that delayed in paying social insurance for their labourers must make the payment starting as April 2. The move aims to ensure the rights of labourers under the ministry.
