NEW POLICIES ON INSURANCE, LABOR AND SALARY COME INTO EFFECT
From March 2022, several new circulars pertaining to social insurance, labor and salary have become effective. Notable provisions of these circulars include the salary used as the basis of compensation for occupational accidents and occupational diseases; instructions on how to calculate the frequency rate of occupational accidents to reduce the payment amount of social insurance …
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COMPULSORY CIVIL LIABILITY INSURANCE FOR THIRD PARTIES IN CONSTRUCTION ACTIVITIES
On March 10th, 2022, the Government issued Decree No. 20/2022/ND-CP (“Decree 20”) amending and supplementing Decree No. 119/2015/ND-CP regulating compulsory insurance in construction activities (“Decree 119), which changes the subject of compulsory civil liability insurance for third parties in construction and supplements several relevant regulations. Decree 20 shall take effect on July 1st, 2022.
NOTABLE PROVISIONS OF DECREE 02/2022/ND-CP
On 06 January 2022, the Government promulgated Decree 02/2022/ND-CP on elaboration of certain articles of the Law on Real Estate Trading (“Decree 02”). Decree 02 takes effect on 1 March 2020 and supersedes current regulations stipulated in Decree 76/2015/ND-CP and its relevant amendments relating to the conditions for organizations and individuals engaging in real estate …
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