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Decree No. 81/2018 / ND-CP of the Government promulgated clearly stipulating the maximum limit on the value of goods and services used for sales promotion and the maximum price level for goods and services promotion.  Accordingly, the value of material used for sales promotion for a promoted unit of goods or services that are not entitled to exceed 50% of the price of such promoted goods or service unit before the sale promotion time, except for following forms: Organizing for customers to participate in cultural, art and entertainment programs and other events for promotion purposes; Provide sample, services for customers to try free of charge;

The Government has issued Decree No. 149/2018/ND-CP detailing Clause 3, Article 63 of the 2012 Labor Code on the implementation of grassroots democracy regulations at workplaces. The contents of the employer must be publicized, including the performance of tasks, production, and business; Rules, regulations and other regulations of the enterprise related to the obligations, rights and legitimate interests of the employees; collective labor agreement of the enterprise, business lines collective labor agreement or other collective labor agreement which the enterprise participates in; resolutions of labor conferences; the deduction and use of the reward fund, the welfare fund and the funds contributed by the employees (if any); the payment of trade union fees, social insurance, health insurance and unemployment insurance; the situation of emulation, commendation and discipline, settlement of complaints and denunciations related to the lawful rights and interests of the employees.

A series of new decrees have just taken effect, providing guidelines for the enterprise and investment laws that came into effect a year ago. They also eliminate thousands of unnecessary business conditions to facilitate business development.

The Ministry of Planning and Investment has published draft law amendments, with some articles focusing on making the foreign capital flow more smoothly into investments and enterprises. The amendments, which are open for public consultation, propose the abolition of 67 conditional business lines specified in Investment Law 2014. If the draft law is approved, foreign investors will now be able to take a majority stake in or wholly own the Vietnamese business.

Around 3,000 business conditions under circulars have expired since July 1, 2016, and have been replaced by 50 new decrees. This was a breakthrough in the local business environment and was good news for the local business community. But local enterprises were still worried about thousands of other business conditions that still exist in laws, decrees and legal documents of ministries.

  1. New investment policies to take effect that the companies, citizens in Binh Duong province need to focus on
  2. (Binh Duong) local real estate absorbs FDI capital flow
  3. Logistics potential of Binh Duong is huge
  4. Plan on 2016-2020 socio-economic development, an important pace for the Binh Duong local forthcoming success

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