New policies take effect in September

05-Sep-2015 Intellasia | VGP | 6:00 AM Print This Post

Policies on loosening room for foreign investors, supporting labourers sent to work overseas and redundant employment will take effect in September 2015.

Decree No. 60/2015/ND-CP to amend government Decree No. 58/2012/ND-CP implementing the Law on Securities – and its amendment will take effect on September 1, 2015.

One of crucial contents of the Decree is to loosen room for foreign investors joining Vietnam’s stock market.

Decree No. 61/2015/ND-CP stipulates new job creation support policies and the National Employment Fund, with specific provisions on policies to support labourers sent to work overseas under contracts.

Decree No. 63/2015/ND-CP dated July 22, 2015 of the government provides policies towards redundant employment in accordance with the restructuring of state-owned one member limited companies, and replaces Decree No. 91/2010/ND-CP.

The Decree expands the adjustment of some enterprises, which are merging, acquiring or separating as well as supplements policies on redundant employment.

Decision No. 28/2015/QD-TTg 2015 on credit policy for households escaping poverty at the Vietnam Bank for Social Policies aims to enhance production and business for stable livelihoods and sustainable poverty reduction.

Decision No. 32/2015/QD-TTg on the management and use of cars at state agencies, public non-business units and single-member limited liability companies with 100 percent charter capital held by the State defines standards, quota and regulations on cars for each dignity.

Circular No. 28/2015/TT-BLDTBXH guides the implementation of Article 52 of the Law on Employment and Decree No. 28/2015/ND-CP on guidelines for some Articles on unemployment insurance of the Law on Employment on unemployment allowances and insurance.

Based on new regulations, monthly unemployment allowance level of the employee equals 60 percent of the average monthly wage of six consecutive months before the worker becomes unemployed.

The Circular will come into effect on September 15, 2015.


Category: Legal

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