If an error or violation of the agreement occurs during the performance of the labor contract, the employee may be required to compensate the company. The following are four instances in which employees may be held accountable for damages. Breach of confidentiality and technology agreements in Vietnam When entering into a labor contract, the employer…
The Vietnam Confederation of Commerce and Industry (VCCI) proposed that the addition of regulations related to digital transformation content includes a number of procedures that need to be done online. including provisions on digital transformation in the draft amendments to the Law on Intellectual Property in Vietnam Commenting on the Draft Law amending and supplementing…
A severance package is a monetary payment made by a company to an employee following the termination of a labor contract. Is it possible for foreign workers to obtain this form of severance package when they leave their jobs in Vietnam? When foreign workers leave their jobs, can they have a severance package? Article 46…
The Government assigned the Ministry of Finance to study and develop policies and laws to encourage venture investment in Vietnam. The Ministry of Planning and Investment shall assume the prime responsibility for studying and reporting on the possibility of developing a Law on Venture Investment and submitting it to the Prime Minister for the period…
First and foremost, ASL Law would like to send our best wishes and sincere gratitude to you (hereafter referred to as “Client”) for contacting our legal services. We understand that you are looking for legal guidance about opening a game company in Vietnam and game license in Vietnam. As a result, we are pleased to…
(Vietnam) Over the past year at least, enterprises have faced serious issues in business development and production, especially those in the seafood, footwear, or textile industries. Realising these problems, the Vietnamese government has proposed to increase overtime hours for employees, which could contribute to stabilising production and business, as well as creating momentum for development….
The Law on Personal Income Tax during the implementation process has revealed many shortcomings, such as the reduction of family circumstances which is too low compared to spending levels, many tax levels and high taxes compared to income. Therefore, experts have made many proposals, including raising the deduction for family circumstances to 20 million dong….
It can be seen that in the Vietnam real estate market in recent years, many individuals and businesses when dealing in real estate, most of them try to declare a lower price than the notarized contract for the purpose of tax evasion. Besides the people’s low sense of self-discipline to fulfill their tax obligations, more…
Covid-19 has created many heavy impacts on society. If an employee is forced to take time off work for the treatment of an illness, they must first take sick leave. If the maximum number of sick leave days is exhausted, they need to use the remaining full paid leave days, normally 12 days per year….