News & Event
Some of the provisions in force in the year 2016
Increase the minimum wage from 1/1/2016
Decree 122/2015 of the Government Regulation, from 1/1/2016 will apply the minimum wage from 2.4 million to 3.5 million dong per month for employees working in enterprises, cooperative association, cooperative , cooperatives, farms, households, individuals, agencies and organizations of employers.
Meanwhile, according to a decision between past December’s Prime, from 1/5/2016, make adjustments to increase the base wage from 1.15 million, up 1.21 million per month for officers, public servants and the armed forces , ensure that people’s wages salaries from 2.34 back down not reduced compared to current levels.
In addition, the Government also regulated, from 1/1/2016, will perform salary adjustments for pension, wage subsidies take labor under 2 million/month and grants for preschool teachers have time before work in 1995 to salary retirement of the object reaches the wage base.
New tutorial on special consumption tax
Decree 108/2015 of the Government detailing and guiding the implementation of some articles of the law on special consumption tax and the law on amendments and supplements to some articles of the law on special consumption tax with effect from the date of enforcement 1/1/2016.
The decree regulating the taxable object, the object is not subject to tax, tax rates; tax rates, tax refund, deduction of special consumption tax.
One of the content of the decree are the people interested and worry is to change the time of the special consumption tax to imported cars under 24 seats, which will directly increase the retail price to customers.
This type of car the previous pressure special consumption tax based on the price of capital, but the new law based on the wholesale price to the dealer, but not lower than 105% of the capital.
New policy for industry support
The effect from 1/1/2016, Decree 111/2015/ND-CP on industrial development support are Government issued on 3/11/2015 with a series of policy support, endowed with industry support. The policy supports this Government-wide incentives, from research, to applications development, technology transfer and product manufacturing.
Attached to the Decree, the Government also issued a list of products that support industry development priorities, including 6 groups of products in the sectors: textiles, footwear, electronics, automotive manufacturing, mechanical manufacturing, high-tech industry.
My wife was born, her husband was on holiday
According to the provisions of the social insurance Law amendment, the male workers are close to social insurance when his wife give birth are also entitled to maternity leave from 5 to 14 days. Male workers was 5 working days if your wife and children. If his wife give birth to surgery, childbirth under 32 weeks of age is 7 working days.
The case of the wife, the twins are 10-day working vacation, from birth to three or more just add every time off 3 more days. The case of the wife of twins over that surgery is the break 14 working days.
Vacation time getting maternity provisions in this paragraph shall be calculated over a period of 30 days beginning from the day his wife was born.
So after many years of discussion, this progress was first put into law as a proper awareness about gender equality. This even in the gender equality Act in 2006 is never mentioned.
New regulations on social insurance
Decree No. 115/2015/ND-CP of the Government detailing a number of articles of the law on social insurance compulsory social insurance with effect from 1/1/2016. The Decree specifies about maternity pregnant women and mother thanks to pregnancy; pension regime; electronic dog mode; the social insurance fund.
Also under the Decree, from 1/1/2016 to 31/12/2017, salary, social insurance allowance and salary salary is according to the provisions of labor legislation in the labour contract. From 1/1/2018 onwards, wages and social insurance premiums are salary, allowance and other additional salary according to the provisions of labor legislation in the labour contract.
Meanwhile, according to the resolutions of the 13th National Assembly 93/2015, from 1/1/2016, the employees are reserved time social insurance premiums for pension eligibility to ensure life when most working age. Case workers to join the compulsory social insurance after one year of employment, voluntary insurance participants after a year of not proceeding with the premium that not enough 20 years closed, when required, is receiving social insurance.
Establishing the information system of real estate
Have effect from 1/1/2016, Decree No. 117/2015/ND-CP of the Government on the construction, management and use of the information system on housing and real estate markets are issued to build information systems , the database on housing and real estate market consistent, reliable service to the management, direction, market and cater for the needs of social development.
Besides, the information system must conform with the requirements and practices the provisions of the relevant legislation; implementation of the provisions of the law on housing and real estate business law in 2014, contributing to improve the legal framework in the field of housing, real estate and is the basis for creating a legal corridor to keep up with the development of the market.
Sanctions violate the multi-level sales
Have an effect on 5/1/2016, the Decree 124/2015/ND-CP amending and supplementing a number of articles of Decree No. 185/2013/NĐ-CP on 15/11/2013 of the Government sanctioning administrative violations in trade operations , production, trafficking counterfeit goods and protecting the rights of consumers.
In particular, the modified Decree sanctioning violations of multi-level sales activities. Specifically, the fine of 30-50 million to conduct business according to the multilevel method without registering multi-level sales activities with the competent State bodies. A fine of twice the level of penalties for the above acts in case of violations is done from two provinces and cities under central.
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