return icon

New policies take effect in Vietnam from June 2022

A series of new policies on chip-based ID cards, online ordinary passport issuance, state budget-sourced supporting interest rate for loans borrowed by businesses will come into effect from July 2022.

New policies take effect from June 2022 - Ảnh 1.

Reduction of fees and charges 

On 24 December 2021, the Ministry of Finance issued Circular 120/2021/TT-BTC, to support and remove difficulties for those affected by the Covid-19 epidemic. 

Accordingly, from 01 January 2022, the several fees and charges are reduced as following:

A 50 percent reduction in the fee for granting certificates of capacity for construction activities to organizations and the fee for granting professional certificate for construction to individuals as prescribed under Circular 172/2016/TT -BTC.

A 50 percent reduction in the fee for appraisal of investment projects of construction and the fee for appraisal of basic design as specified under Circular 209/2016/TT-BTC.

A 50 percent reduction in the fee for issuance of operation permits to send workers working abroad for a limited period of time as prescribed under Circular 259/2016/TT-BTC.

Circular 120 also provides adjustment to other fees and charges related to industries, professions and fields seriously affected by the Covid-19 epidemic.  

Online ordinary passport issuance

From June 1, 2022, the Ministry of Public Security (MPS) will issue ordinary passports online. This is part of the ministry’s effort to implement the Government’s initiated Project on “Developing the application of data on population, electronic identification and authentication for national digital transformation in the period of 2022-2025, with a vision to 2030.”

Accordingly, Vietnamese citizens in the country who have a valid citizen ID with an electronic chip or a valid 12-digit citizen ID, will be able to access to the National Public Service Portal or the Public Service Portal of the Ministry of Public Security to register, pay online fees, receive passports via portals or come to receive them directly at the exit and entry management agency when results are available.

In addition, the policy on reducing passport fees is going to expire on June 30, 2022. 

Support for SMEs 

The Ministry of Planning and Investment issued Circular No. 06/2022/TT-BKHDT guiding a number of articles of Government’s decree No. 80/2021/ND-CP detailing and guilding the implementation of a number of articles of the Law on Supporting Small and Medium Enterprises (SMEs). 

The new support policy cover consulting, human source development, innovative start-up SMEs. 

Full automatic non-stop toll collection on Ha Noi-Hai Phong highway  

Full automatic non-stop toll collection (ETC) will officially start on the Ha Noi-Hai Phong highway at 9am on June 1.

Vehicles without ETC tags or insufficient money in ECT accounts will be fined if they intentionally enter the highway.

Under Point C, Clause 4, Article 5 of Decree 100/2019/ND-CP and revisions under Decree 123/2021/ND-CP, drivers of such vehicles will face fines ranging from VND 2-3 million and have their driving licences withdrawn for between 1-3 months.

Paper-based invoices to terminate on June 30

Decree 123/2020/ND-CP guiding the implementation of invoices and a postponement in the implementation of e-invoices will take effect on July 1, 2022.

Accordingly,  paper-based invoices are allowed by June 30, 2022. From July 1, 2022, all businesses, excluding household businesses or individuals, must issue an e-invoice with or without the tax verification code to the buyer for the sale of goods and services. 

So far, 63 provinces and cities in Viet Nam have deployed e-invoices./. 

Source: VGP


Doha Cup 2023: Vietnam's U23 football team return home with "empty hand"

Vietnam’s U23 team left Doha Cup 2023 with an "empty hand" after a close loss to their Kyrgyz rivals on March 29 (Vietnam time).


Government issues details on aid for ethnic minority housing, land reclamation

GDP growth of 3.32% in Q1 nears lowest level in 13 years

Vietnam’s gross domestic product (GDP) grew by 3.32% in the first quarter of the year, higher only than the growth rate of 3.21% recorded in the first quarter of 2020 in the 2011 to 2023 period, according to the General Statistics Office.

Four Japanese banks to provide US$300 million for Vietnamese renewable energy

Four Japanese banks are set to co-finance a total of US$300 million to provide credit lines to power producers using renewable energy in the nation as part of efforts to help the growing country in its decarbonising process.

15 short stories by Vietnamese writer published in RoK

A collection of 15 short stories written by local author Nguyen Huy Thiep were introduced to Korean readers by Wisdom Publishing House in March.

Hanoi’s ancient pagoda in the red-silk cotton tree season

In March, red-silk cotton trees bloom, showing off their beauty at the thousand-year-old Thay Pagoda in Quoc Oai district in Hanoi.

VN Government calls for broad-based measures to help realty sector

The Vietnamese Government has recently urged ministries to take measures to help the realty sector get back on track and sustain its healthy growth.

EC drops health certificates requirement for Vietnamese noodles

The European Commission (EC) has recommended removing Vietnamese rice noodle and vermicelli brands from conditions that require health certificates and 20 per cent random testing at the port of entry.

Ministry of Industry and Trade proposes draft on cross-border trade

The Ministry of Industry and Trade (MOIT) is seeking public comments on a legal draft amending Decree No14 on cross-border commercial activities.

Leaders of aviation firms to be disciplined if employees committed wrongdoings

The Civil Aviation Administration of Vietnam (CAAV) has just released directive 1480, on enhancing smuggling and commercial fraud prevention among aviation employees.

Golden tourism route links six destinations of Vietnam, China

A golden tourism route connecting six destinations of Vietnam and China was launched in Hanoi on March 28, expected to help the two countries enhance cross-border tourism links.

Vietnamese Foreign Minister holds online talks with Chinese counterpart

Minister of Foreign Affairs Bui Thanh Son held online talks with Chinese State Councilor and Foreign Minister Qin Gang on March 28, during which they agreed to intensify all-level exchanges.

Vietnam International Travel Mart 2023 to spotlight cultural tourism

The Vietnam International Travel Mart (VITM) themed “Cultural tourism” will take place on April 13-16 at the Cultural Friendship Palace in Hanoi, featuring 450 pavilions from over 50 localities nationwide, and 15 countries.

Vietnam, ILO sign decent work country programme for 2022 - 2026

The Decent Work Country Programme Vietnam 2022 - 2026 was signed between representatives of the Vietnamese Government, workers, and employers and the International Labour Organisation (ILO) in Hanoi on March 28.

Vietnam vows to control cross ownership in banks

The tightening of control over cross ownership aims to stop crises at banks.