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13 legal documents issued in June

VGP – The Government and the PM have issued 13 legal documents, including seven Decrees and six Decisions in June 2017, according the Ministry of Justice.

July 12, 2017 8:58 PM GMT+7

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Decree No. 70/2017/NĐ-CP provides preferential allowance and subsidy levels for people with meritorious services to the revolution that will increase from VND1,318,000 to VND1,417,000.

Decree No. 71/2017/NĐ-CP regarding the corporate governance applicable to public companies aims to ensure the unity and the synchrony of the legal system.

Decree No.  76/2017/NĐ-CP adjusts the monthly pensions, social insurance allowances and social allowances, which are increased by 7.44% since July 1, 2017 for eight groups of objects.

Decision No. 20/2017/QĐ-TTg stipulates the activity of the micro-finance programs and projects of the political organizations, political-economic ones and non-governmental organizations.

It regulates conditions for registration of microfinance programs and projects, the authority and process of granting and revoking registration certificates for microfinance programs and projects, information changed in the certificate of registration, implementation and organization of microfinance programs and projects, financial regime, cost accounting, accounting and reporting and State management of the operation of microfinance programs and projects.

Decision No. 21/2017/QĐ-TTg defines the amount of insurance payments and the insurance paid for all insured deposits in accordance with the Law on Deposit Insurance (including principle and interest) with the maximum insurance rate of VND75 million.

Decision No. 24/2017/QĐ-TTg stipulates the adjustment of the average electricity retail price level, including the principles of adjusting the average electricity retail price, method of setting the average annual electricity price, mechanism for annual adjustment of electricity prices, mechanism for adjusting the average electricity price in the year as well as inspection, supervision and responsibility of related agencies.

By Thuy Dung