New policies, penalties come into effect this month
A range of new policies will come into effect this month, including fines of up to 100 million VND (4,192 USD) for business owners who fail to pay their employees.
A man is fined 10 million VND (418 USD) for spreading fake news in Thua Thien Hue province (Photo: VNA)
Hanoi (VNS/VNA) - Arange of new policies will come into effect this month, including fines of upto 100 million VND (4,192 USD) for business owners who fail to pay theiremployees.
The highest penalties will bereserved for enterprises owned by organisations, which fail to pay more than300 of their staff.
The new fines are part ofDecree No 28/2020/ND-CP, issued by the Government on March 1, regardingadministrative sanctions for violations in the field of labour and socialinsurance.
The decree is set to come intoeffect on April 15.
For individual business owners,the decree sets out fines of 5-10 million VND (209-418 USD) if failing to pay thesalary for 1-10 workers; 10-20 million VND (418-836 USD) for failing to pay11-50 workers; 20-30 million VND (836-1,250 USD) for failing to pay 51 to 100workers; 30-40 million VND (1,250-1,680 USD) for failing to pay 101 to 300workers; and fines of 40-50 million VND (1,680-2,097 USD) for failing to paythe salary of more than 300 workers.
The fine will be doubled if anorganisation runs an enterprise.
Following the 2014 enterpriselaw, every organisation and individual is entitled to establish and manageenterprises in Vietnam.
Also, from April 15, Decree No15/2020/ND-CP, issued by the Government on February 3, will come into effect.The decree says that a person found spreading fake news on social media siteswill be fined 10-20 million VND (418-836 USD).
The decree willreplace the old decree No 174/2013/ND-CP, issued in 2013 by theGovernment.
Also, this month, Circular No28/2019/TT-NHNN, issued by the State Bank of Vietnam, will take effect as ofApril 1.
The circular states that aperson over 15 years old, who has not lost or limited their civil act capacity,can use a secondary credit card, debit card, prepaid card (supplementary cards)without requiring the written consent of their legal representativeas before./.
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A man is fined 10 million VND (418 USD) for spreading fake news in Thua Thien Hue province (Photo: VNA) 
