Fresh policies to take effect from March

Electric vehicles to be exempt from registration fee

Decree No. 10/2022/ND-CP, scheduled to come into effect from March 1, 2022, regulates registration fees for many types of goods, including electric cars.

Accordingly, registration fees shall be exempted for three years starting from March 1 with an aim to promote the consumption of electric cars in the domestic market as well as the development of the environmentally-friendly vehicle segment.

In the next two years, the registration fee for electric cars will be half that of fuel-run vehicles with the same number of seats.

Fuel-powered vehicles with fewer than nine seats are entitled to a registration fee of 10% of their value.

The rate of registration fee collection for motorbikes is 2%. Particularly, motorbikes of organisations and individuals in centrally-run cities must pay the registration fee for the first time at the rate of 5% while the owner of motorbikes paying the registration fee for the second time onward will pay 1%.

The property registration fee is 0.5%. The fee on hunting guns and guns used for training and sports competition is 2%, for ships including barges, canoes, tugs, pushers, submarines, submersibles, boats, including yachts and aircraft, is 1%.

Temporarily suspending import for re-export of medical masks, gloves from mid-March

Circular No. 03/2022/TT-BCT of the Ministry of Industry and Trade, dated January 28, 2022 on the suspension of temporary import for re-export of medical masks, medical gloves and anti-epidemic isolation suits shall take effect from March 15 to December 31.

The suspension will be applied to item codes: 392602090 – Medical gloves, 40151100 – Medical gloves, 62101090 - Anti-epidemic isolation suits (including clothes, glasses, medical masks, protective helmets, gloves and shoes).

Compensation level on occupational accidents and diseases

Circular 28/2021/TT-BLDTBXH of the Ministry of Labor, War Invalids, and Social Affairs dated 28 December 2021 shall take force from March 1, stipulating benefits for employees suffering from occupational accidents or diseases.  

Accordingly, compensation for employees suffering from occupational diseases is made as follows:

+ The first time is based on the level (%) of working capacity decrease (body injury rate) in the first visit;

+ From the second time onwards, compensation is based on the increase (%) of working capacity decrease to compensate for the difference (%) of working capacity decrease compared with the results of the assessment of the previous time.

Compensasion level is at least equal to 30 months' salary for employees whose working capacity is reduced by 81% or more; or for employees' relatives who die due to occupational accidents or diseases.

In other hand, compensasion level is at least equal to 1.5 months' salary for employees whose working capacity is reduced from 5% to 10%; if having a working capacity decrease from 11% to 80%, for every 1% increase, 0.4 month's salary will be added.