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Raft of policies to take effect in June

Released at: 07:05, 29/05/2015

Raft of policies to take effect in June

Four major policies in the pipeline for next month.

by Quynh Nguyen

New policies on unpaid environmental fees, construction contracts, the criteria for establishing customs departments, and assistance for bus station expansions will come into effect in June. 

$2,300 fines for violations of environmental service payments

The government issued Decree No. 40/2015/ND-CP on administrative sanctions in forest management, forest development, forest protection, and forest product management. Unpaid environmental service fees will be pursued and reclaimed and violators imposed with a fine of up to $2.300. The policy will take effect on June 20.

Construction contracts

Government Decree No. 37/2015/ND-CP dated April 22, 2015 providing details on construction contracts will apply to organizations and individuals and relate to contracts such as those between investors and contractors implementing projects under the build-operate-transfer (BOT) mode, build-transfer-operate (BTO) mode, build-transfer (BT) mode, and public-private partnerships (PPPs). The policy comes into being on June 15.

Assistance for bus station expansions

Prime Minister Nguyen Tan Dung signed Decision No. 12/2015/QD-TTg on policies for attracting investment into bus station expansions. Bus station investment, upgrading, and expansion projects from private sector sources will be allowed to borrow a minimum of 20 per cent of the cost from credit organizations. The government also decided to exempt land rentals on car parks in poor districts. The policy will become effective on June 1.

Criteria to establish customs departments

Government Decision No. 36/2015/ND-CP on April 17, 2015 provides the criteria for establishing customs departments in cities and provinces under the central government as well as the organizational direction and mission of customs agencies. The decision stipulates that cities and provinces that wish to establish a customs department must meet two of the following three criteria.

The first is that the city or province has export and import turnover exceeding 30 per cent of the average export and import turnover of the country as a whole. The second is that the city or province has international border crossings, airports, or nationally important maritime ports. The third is that the city or province has industrial zones and economic zones. The policy takes effect on June 10.

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