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From January 1, 2021, employees in Vietnam have more benefits under the provisions of the Vietnam Labor Code 2019 than before. In particular, employees now have the right of being notified of a detailed list for each salary receipt. Specifically, according to the provisions of Article 95 of the Labor Code 2019, the employer pays…
27
Jul
Jul
The Vietnam Government has submitted Report No. 224/TTr-CP to the National Assembly Standing Committee, proposing to include the Land Law (amended) Project into the 2022 Law and Ordinance Development Program, adding 11 groups of policies with clearly defined treatment plans, practical summaries, and thorough impact assessments to address urgent practical requirements. In recent years, petitions…
15
Jul
Jul
On July 9, the General Department of Taxation announced that the budget revenue in the first 6 months of the year still increased by 14.3% compared to the same period last year. Specifically, the budget revenue in the first 6 months of 2021 reaches VND 656 trillion, equivalent to 58.8% of the estimated number. This…
15
Jul
Jul
Early removal of obstacles for lending activities is the mutual goal of the participants in the Online Seminar “Practical implementation of Circular 39/2016/TT-NHNN regulating lending activities of credit institutions, foreign bank branches for customers” organized by the Vietnam Banks Association (VNBA) on 7/7/2021. Speaking at the opening of the seminar, Mr. Nguyen Quoc Hung, General…
Legal advices to dispute abroad, Legal advices to Hospitality, Hotel and Real Estate, Legal advices to Employee, Legal advices to Enterprises/Employers, COVID 19 (NCOV) IN VIETNAM, Employment & Labor, Business, News
The Vietnamese government issues 4 new policies to support businesses affected by Covid-19
15
Jul
Jul
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…
09
Jul
Jul
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…
09
Jul
Jul
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…
18
Jul
Jul
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…
03
Jul
Jul
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…
19
Jul
Jul
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…
