The Vietnamese government issues 4 new policies to support businesses affected by Covid-19

The Vietnamese government issues 4 new policies to support businesses affected by Covid-19, The Vietnamese government has just issued Resolution 68/NQ-CP Resolution 68/NQ-CP, Reduce the insurance premium for occupational accidents and diseases, Suspension of contributions to retirement and death insurance benefit fund, Support training to maintain employment for employees, Loan to pay wages to stop working, pay wages to restore production

The Vietnamese government has just issued Resolution 68/NQ-CP dated July 1, 2021, on policies to support employees and employers facing difficulties due to the Covid-19 crisis. Accordingly, in addition to supporting workers facing difficulties because of Covid-19, in this Resolution, the Government also promulgated several policies to support employers such as: Reduce the insurance premium…

Vietnam: Which IT products and services are prioritized for investment, lease, and procurement with the state budget?

Which IT products and services are prioritized for investment with the state budget, IT products and services are prioritized for investment, Circular's change on IT products and services, Important notes on the Circular for enterprises

The Vietnamese Ministry of Information and Communications has issued Circular No. 40/2020/TT-BTTTT dated November 30, 2020, stipulating criteria for determining domestically produced information technology (IT) products and services that are prioritized for investment, lease, and procurement. The Circular No. 40 aims to complete the legal framework on the policy of prioritizing investment, hiring, and procurement…

Circular 51/2021/TT-BTC guiding foreign investment activities on the Vietnamese stock market

Which IT products and services are prioritized for investment with the state budget, IT products and services are prioritized for investment, Circular's change on IT products and services, Important notes on the Circular for enterprises

Foreign investors and trading representatives of foreign investors in Vietnam must ensure that investment transactions on the Vietnamese stock market and transactions that are performed by related persons/groups of related foreign investors are not intended to create fake supply and demand, manipulate securities prices, and other prohibited trading acts as prescribed by law. Recently, the…

Legal basis for the exemption of intellectual property rights for the Covid-19 vaccine

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Nowadays, countries around the world are calling for the exemption of intellectual property rights for the Covid-19 vaccine, as well as other related medical devices, methods, etc. to fight the Covid-19 epidemic. However, what is the legal basis for such a request to work in reality? What is the role of the TRIPS agreement in…

Legal issues when an employee requests to cancel an employer’s layoff in Vietnam

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The outbreak of the Covid-19 pandemic caused many employers and employers to close their businesses and lay off employees in Vietnam. Thus, when being asked to quit, can the employees raise a claim to stop the lay-off and if so, in which circumstances? Firstly, the employer allows the employee to stop working for a reasonable…

Vietnam: Issues arise when getting laid-off employees back to work after the Covid-19 pandemic has been contained

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The outbreak of the Covid-19 pandemic in Vietnam caused many employers to close their businesses and lay off employees. As such, do the laid-off employees have the right of first refusal under local law when the Company reopens for business after Covid-19 containment? If so, is that under law or best practice? This question can…

Issues on the relocation of the employee’s workplace in Vietnam

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In the current epidemic, many companies have had to close due to many senior employees have been transferred to other companies in Vietnam of the same owner. At this time, these employees are transferred to a workplace, which is different from the workplace in the employment contract signed between the employee and the employer. Thus,…

Issues with severance payments when laying off employees in Vietnam

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Currently, the outbreak of the Covid-19 pandemic in Vietnam has caused many employers to close their businesses and lay off employees. Thus, when dismissing an employee, does the employer have to pay severance payments, payments in lieu of notice, etc., and/or any other types of payment will be due and payable to employees? Firstly, in…

COVID in Vietnam: Issues on legal procedure, conditions, and impacts of the layoff of employees

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(Vietnam) Currently, because of the outbreak of the disease, many companies are facing a lot of difficulties due to travel bans or employees suspected of being infected or positive for covid (nCOV) causing the company to stop operation. Faced with the above situation, the Vietnamese Ministry of Labor, War Invalids and Social Affairs has issued…

Notes need special attention on the Vietnam Government’s Decree No. 49/2021/ND-CP on the development and management of social housing

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The City People’s Committee has just issued Official Letter No. 3615/UBND-SXD dated June 14, 2021, guiding the implementation of Decree No. 49/2021/ND-CP dated April 1, 2021, of the Vietnam Government amending and supplementing some Article of Decree No. 100/2015/ND-CP dated October 20, 2015, of the Government on the development and management of social housing. Accordingly,…

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