Prime Minister Nguyen Xuan Phuc has approved investment intention in a project on infrastructure development at the Thuan Thuan I Industrial Park in northern Bac Ninh province.

The project covers a total area of some 250 ha in Ninh Xa, Tram Lo and Nghia Dao communes of Thuan Thanh district, Bac Ninh province, with total investment of 2.84 trillion VND (over 123 million USD), of which 859.73 billion VND comes from its investor – Viglacera Corporation.

The construction is scheduled to last for 36 months since the land hand-over, and the project is set to operate within 50 years as from February 17, 2021.

The PM required the provincial People’s Committee to ensure the accuracy of information and data reported, and carry out land reclamation, site clearance, compensation and land lease in line with approved documents.

The construction must comply with the detailed planning scheme that has been approved, he said, stressing that the committee needs to instruct the management board of industrial parks in Bac Ninh and relevant agencies to supervise and assess the implementation of the project.

The PM also highlighted the building of houses, and social, cultural and sport facilities for labourers in the industrial park, as well as employment and vocational training support to local residents who have to relocate to make way for the project.

With more than 20 years of experience, Viglacera was one of the first developers of large-scale industrial zones in Vietnam. The group is now running 11 industrial parks, including 10 in Vietnam and one in Cuba, covering a total area of more than 4,000 ha and housing more than 300 investors around the world. Tenants include well-reputed global brands like Samsung, Orion, Canon, Foxconn, Hyosung, Qisda and Toyoda Gosei. The places where Viglacera sets foot always become reliable destinations for investors and importantly contribute to local socioeconomic development.

For more information, please contact:
Viglacera Real Estate Company
2nd Floor, Viglacera Tower, No. 1 Thang Long Boulevard, Me Tri, Nam Tu Liem, Hanoi, Vietnam.
E-mail: vir@viglaceraland.vn
Website: https://viglaceraip.com
Hotline: +84 888 25 22 88

On February 17, 2020, on the 6th day of the New Year, in the new spring atmosphere full of vitality, Viglacera Corporation held the Launching Ceremony of Tan Suu Spring Tree Planting Festival in 2021 at Yen Phong Industrial Park, Bac Ninh province.

Attending and directly participating in tree planting, towards Bac Ninh province, there were Comrade Dao Hong Lan, Member of the Party Central Committee, Secretary of the Provincial Party Committee, Comrade Dao Quang Khai, Member of the Standing Committee, Vice Chairman of the Provincial People’s Committee. , leaders of some Departments, branches and Yen Phong district. On the side of Viglacera Corporation, there were Comrade Nguyen Van Tuan, Chairman of the Board of Directors of the Corporation, Comrade Nguyen Anh Tuan, General Director of the Corporation and leaders of the Division and Department.


General Director of Corporation Nguyen Anh Tuan reports on production and business situation and prevention and control of COVID-19 of Viglacera Corporation

In 2020, in the context of common difficulties due to the impact of the Covid-19 epidemic, Viglacera Corporation has well implemented its dual goal, both preventing and combating epidemics and ensuring production and business activities. The company has exceeded the set plan with total revenue of 9,500 billion, profit increased 15% compared to the plan. Yen Phong expansion and Yen Phong II-C Industrial Park have attracted more than 10 enterprises with a total investment capital of more than 300 million USD.

In 2021, along with continuing to implement of measures to prevent and control epidemics, at the expanded Yen Phong Industrial Park and Yen Phong II-C Industrial Park, the Company plans to complete about 200 hectares of clean land, ready to welcome big investors, using high technology. After being approved by the Prime Minister on the investment policy of Thuan Thanh Industrial Park, the Company proposed the province to soon make a decision on the establishment of the Industrial Park, issue the Investment Certificate and instruct the local government to coordinate in the ground clearance to start construction soon.


Comrade Dao Hong Lan expressed her delight at the results achieved by Viglacera Corporation

The Secretary of the Provincial Party Committee expressed her pleasure at the results that the company achieved in 2020 and the spirit of production in the first days of the new year. Emphasized, Viglacera is a business that has been chosen by provincial leaders for many years as a place to visit and work on the first working day after the Lunar New Year holiday. Comrade Dao Hong Lan also shared her joy with the enterprise, at the beginning of the New Year, Tan Suu, the Prime Minister approved Thuan Thanh Industrial Park invested by Viglacera Corporation, expected to start construction in 2021, creating motivation. promote the growth of Bac Ninh in the coming time.

Provincial leaders believe that with the prestige and position that Viglacera has built up in Bac Ninh as well as the country over the past time, will make an important contribution to the achievement of the goals of the Resolution of the Twentieth Party Congress XIII Assembly of the Party has proposed. In addition, it is proposed that the Provincial People’s Committee, departments, agencies and localities together support businesses, continue to care for employees.


Delegates participated in planting trees in the cultural institution of workers in Yen Phong Industrial Park

With the image, the atmosphere of the tree planting ceremony and the number of trees planted in Yen Phong Industrial Park will be a good start for the movement of planting trees, taking care of the landscape, protecting the environment, contributing to building the country for comprehensive and sustainable development.

Some other pictures:

Enterprise code number (ECN) is not only Tax number, but also Social Insurance Participation number

ECN has been previously made the same number as Tax number. With new regulation, the simplification process advanced a step further by making the Social Insurance Participation number the same as the formers. From now on, the enterprises need to remember only one designated number while working with enterprise management, tax or social insurance administrations. Moreover, the branch/representative office number is made the same number as its tax number.

Abolition of paper application submission for the online enterprise registration

Formerly, after registering online and being notified, within 30 days, the enterprises had to submit paper application for the registration agency’s comparison with the electronic version before the enterprise registration certificate could be officially issued. The purpose of this provision is preventing document counterfeiting, but it also made procedures become complicated unnecessarily.

Therefore, with new regulation, the requirement of paper application submission has been completely abolished. It is not only the simplification of administrative procedures, but also signs of digital transformation and building e-government which is more business-friendly.

The enterprises are entitled to file lawsuit if disagree with refusal of expected enterprise name registration

The Vietnam enterprise law requires several standards for the enterprise’s name, such as not to cause confusion, infringe upon the others’ trademark or violate the mores and fine customs. The licensing agencies shall evaluate and may reject the expected enterprise’s name for registration. The former regulation stated that this decision is final and unable to be objected.

Decree 01/2021 points out a new way for the enterprises disagreeing with the above decision: filing administrative lawsuit. This provision clarifies a fundamental and legitimate right of the enterprises and ensures that the registration agencies’ decisions would be judged independently, objectively and under multi-dimensional perspectives after due hearing of the parties according to legal procedures.

Refund of publication fee if enterprise registration is rejected

The enterprises must pay the enterprise registration publication fee (currently VND 100,000) prior to receipt of results from State agencies. However, previously, if their application is rejected, the laws did not specify whether the enterprises are entitled to receive the reimbursed publication fees.

Therefore, Decree 01/2021 reasonably clarifies that such publication fees shall then be reimbursed to the enterprises. The new regulations contribute to the elimination of previous confusing gaps, create favorable conditions and aim at protecting the benefits – though not much but justifiable – of the investors.

Source: luatviet.com

1. 2019 Labor Code
2019 Labor Code contains noticeable new regulations, including:
– There are now 2 contract types left.
– Workers or employees may unilaterally terminate their contracts without cause.
– Employers must bear costs incurred from the opening of accounts for workers and employees which are used for paying them salaries via banks.

2. 2020 Investment Law
2020 Investment Law contains several significant new regulations, including:
Firstly, business of debt collection services is officially banned.
Secondly, the number of conditional business lines is reduced to 227.
Thirdly, more business lines eligible for investment incentives are added.
Fourthly, additional investment incentives are regulated.
Fifthly, new regulations on special investment incentive and assistance policies are set out;
Sixthly, List of business lines restricted to foreign investors will be issued.
Seventhly, 4 cases in which investors are exempted from the requirement for placement of deposits as security for project execution obligations.

3. 2020 Law on Enterprises
2020 Law on Enterprises contains several significant new regulations, including:
Firstly, abolishing regulations regarding the notice of corporate stamp specimens before use.
Secondly, adding more entities prohibited from establishing businesses.
Thirdly, shortening time limit for prior notice of temporary business suspension from 2021.
Fourthly, changing the “state enterprise” definition.

4. 2020 Law on Amendments to Construction Law
2020 Law on Amendments to Construction Law contains several significant new regulations, including:
Firstly, 09 types of construction works are exempted from the construction permit requirement
Secondly, shortening the duration of processing of application for construction permits to 20 days
Thirdly, in order to build homes with 7 or more stories in rural areas, application for construction permits is required
Fourthly, regulations on management of investment costs of construction works are amended
Fifthly, a lot of new regulations regarding construction permits are set out

Source: thuvienphapluat.vn

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