The problem of illegal termination of the contract in Vietnam

contract termination in Vietnam in COVID

COVID Question: For the case of contract termination in Vietnam when the employer unilaterally terminates the contract because of the epidemic, he has to reduce production and business according to Point c, Clause 1, Article 36, Vietnam Labor Code. In this case, according to Article 41 of the Vietnam Labor Code, when the employer unilaterally…

Vietnam Labor Law: issue of salary cuts

Vietnam Labor Law: issue of salary cuts, Vietnam Labor Law, issue of salary cuts in Vietnam

(COVID 19 Question) In fact, Vietnam law does not have specific provisions for the application of salary cuts to company employees. However, according to the provisions of the Vietnam labor law, the employer can only reduce the salary for the company in two cases: transferring the employee to a job other than the labor contract,…

Vietnam labor code: Procedural issues for the termination and dismissal of the employer in Vietnam

Procedural issues for the termination and dismissal of the employer, standards of proof must be met by the employer, the obligation of the employer to state the reason for the termination, Vietnam labor code: Procedural issues for the termination and dismissal of the employer in Vietnam, Vietnam Labour Law, Vietnam Labor Code,

There are quite a number of complicated procedures involved in the termination of employment by the employer in Vietnam. Therefore, the following article will clarify the procedures that need to be followed to ensure that the termination of employment is not challenged in court, as well as the obligation of the employer to state the…

Everything about legal due diligence in Vietnam

Everything about legal due diligence in Vietnam, due diligence in Vietnam, Vietnam due diligence, due diligence, due diligence law firm, due diligence law firm in Vietnam, Vietnam due diligence law firm, due diligence in Vietnam, DD in Vietnam, LDD in Vietnam, DD law firm in Vietnam, Vietnam DD law firm

(Vietnam) Due diligence (DD) is an extensive process of M&A deal undertaken by an acquiring firm in order to thoroughly and completely assess the target company’s business, assets, capabilities, and financial performance. One of the most important and complex types of due diligence process is Legal Due Diligence (Hereinafter referred as “LDD”). 1. What is…

Ministry of Construction: Supply and demand for commercial housing are disparate

commercial-housing-projects-the-supply-demand-gap

The Ministry of Construction acknowledged that there is a mismatch between supply and demand because real estate businesses are most interested in investing in commercial housing projects at market prices. Voters of Ho Chi Minh City have just proposed that the Government soon issue a Resolution on the “Project for developing low-cost commercial housing” with…

Highlighted features of Vietnam’s investment law under a new Government decree

Highlighted features of Vietnam’s investment law under a new Government decree, Vietnam’s investment law under a new Government decree, Vietnam's investment law, new Government decree on Vietnam's investment law

(Published on Vietnam Law Magazine). As one of the countries successful in the control of the Covid-19 pandemic, Vietnam is considered one of the safe environments for foreigners to consider their investment. Taking advantage of that opportunity, Vietnam has changed and improved its policies to attract more foreign direct investment (FDI) into the country, typically…

The Draft Decree on industrial parks and economic zones management in Vietnam

Draft-Decree-on-industrial-parks-and-economic-zones-management

The Ministry of Planning and Investment is collecting comments from the people on a draft Decree to replace Decree No. 82/2018/ND-CP of the Government regulating the management of industrial parks and economic zones. By the end of April 2021, there are 575 industrial parks nationwide in the master plan on development of industrial parks in…

The Ministry of Finance responds to the proposal to adjust taxes on real estate in Vietnam

taxes-on-real-estate

The field of real estate has a great impact, many technical contents require the participation of many ministries and local branches. Therefore, the tax policy for real estate needs to be studied and evaluated carefully before submitting to the competent authorities for promulgation at an appropriate time to ensure feasibility, high consensus, and contribute to…

Many EU businesses have their intellectual property rights violated when investing in Southeast Asia

EU-businesses-IP-rights-violated

Protecting intellectual property rights is a very important key when operating abroad. OECD research shows that SMEs with intellectual property rights generate 68% more revenue per employee than SMEs that do not own any intellectual property. Southeast Asia is a promising destination for the European Union’s (EU) small and medium-sized enterprises (SMEs), thanks to open-door…

Restrictions on Foreign Real Estate Investors in Vietnam

Foreign-Real-Estate-Investors-restrict

Real estate in Vietnam is one of the fields that many foreign investors are interested in. However, this activity is being restricted by many current laws. There are two business activities that foreign investors are not allowed to do while domestic investors are still able to do so. First, foreign investors are not allowed to…

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