Vietnam: new policies will strongly affect the real estate market

new policies affecting the real estate industry in Vietnam, new policies affecting the real estate market in Vietnam, real estate market in Vietnam

This is the revelation of the Ministry of Construction at Real Estate Forum 2021: New driving force for the real estate market, organized by the Vietnam Chamber of Commerce and Industry and the Vietnam Business Forum on the afternoon of July 16. There will be many new policies affecting the real estate industry Construction real…

Vietnam: Violating tax laws, businesses will have to face many consequences

Violating tax laws, businesses will have to face many consequences

When the management agencies continuously improve the provisions of the Law on Tax Administration, the fact that businesses still have violations of the tax law will have to face many consequences… Statistics of the General Department of Taxation show that, after 10 years (2010 – 2020), the number of inspections at taxpayers’ offices has doubled;…

Vietnam: How does the Enterprise Law 2020 affect foreign businesses?

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Currently, the Enterprise Law 2020 effective from January 1, 2021, is having a lot of influence on foreign enterprises operating in Vietnam. The Enterprise Law 2020 has a lot of new regulations, supplements, and amendments. Although there are no provisions that directly affect foreign enterprises, there are many new points that affect the operation and…

Vietnam: Industries and businesses that are permitted for foreign investment

Industries and businesses that are permitted for foreign investment in Vietnam, Industries permitted for foreign investment, businesses permitted for foreign investment, investment in Vietnam, foreign investors in Vietnam

When you decide to invest as a foreign investor in Vietnam, you must first research the feasibility of the sector you want to participate in. One of them is that you should make sure that the business sector in which you intend to invest and operate is permitted by Vietnamese law or is restricted by…

Force majeure events in Vietnam: Payment obligations

Payment obligations for force majeure events, payment obligations be suspended as a result of the Force Majeure event, Force Majeure event only excuse the inability to perform obligations, the obligation to pay, Payment obligations and force majeure events in Vietnam, Payment obligations in force majeure events in Vietnam, Covid: Payment obligations in Vietnam, payment obligation in COVID in Vietnam

COVID Question: Can payment obligations be suspended as a result of the Force Majeure event in Vietnam, or will the Force Majeure event only excuse the inability to perform obligations other than monetary obligations? The following article will provide the answers to the above questions, typically under COVID impact. This is a frequent occurrence, where…

What do employers need to pay attention to when detecting employees positive with covid-19 in Vietnam?

What do employers need to pay attention to when detecting employees positive with covid-19 in Vietnam?

Covid Question: Regarding responsibility of employers in preventing epidemics and handling situation when detecting that the employees are sick or are subject to isolation, according to Clause 4, Article 23 of the Vietnam Law on Prevention and Control of Infectious Diseases, employers, when detecting the disease or signs of infectious diseases, shall have to notify…

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

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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…

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…

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