The latest revised draft of the Law on Social Insurance has a proposal to reduce the conditions for senior citizens in Vietnam to enjoy social pension benefits from 80 years old to 75 years old. Accordingly, if applied, what changes will this regulation create for Vietnam’s social insurance system and social security policy? Currently, senior…
In most manufacturing companies in Vietnam today with thousands or even tens of thousands of employees, they often make the most of employees’ leave days for corporate activities or unexpected incidents like the Covid-19 pandemic, mass power cuts, etc. So, what exactly is this behavior and does it violate the law? For example, a new…
When Vietnamese employees work under labor contracts for full 1 month or more, they will be subject to compulsory social insurance participation according to the provisions of Clauses 1 and 2, Article 2 of the Law on Social Insurance 2014. However, despite paying monthly, most Vietnamese workers are still not completely sure how that contribution…
Compulsory reserve is the amount of money that a credit institution must deposit at the State Bank for each type of deposit with different terms. So, what is Vietnam’s legal regulation on compulsory reserve? Article 10 of the Law on the State Bank of Vietnam 2010 stipulates that compulsory reserve is one of the monetary…
When an employee unilaterally terminates a labor contract in Vietnam by legally resigning, he or she must notify the employer at least 3 to 45 days in advance, or depending on the company’s labor rules or regulations of the Government if they are working in the State sector. Conversely, if the employer dismisses the employee…
According to information from Tiktok’s agents, the need to hire their services to avoid and evade taxes related to online advertising activities on the TikTok platform has increased sharply recently. This alarming situation has been going on for a long time, potentially causing the state budget to lose millions to billions of VND. According to…
Recently, the Vietnam Trade Remedies Administration received a questionnaire from the USITC International Trade Commission in the case of investigating the act of dumping paper shopping bags by Vietnamese enterprises to the US market. On May 31, 2023, the United States Department of Commerce (DOC) announced the receipt of an anti-dumping investigation request for paper shopping bags…
On May 12, 2023, the Trade Remedies Administration of Thailand issued Official Letter No. 0309/1364, following Letter No. 0309/357 on February 2, 2023 on the issuance of final determinations in the end-of-term review on anti-dumping duty investigations on Vietnamese steel products, including the case of aluminum zinc alloys of cold rolled steel and the case…
Recently, the Vietnam Trade Remedies Administration has issued a notice warning that Vietnam is likely to be subject to a trade remedy circumvention investigation for quartz stone products exported to the United States, suspected of using raw materials, official products, or similar products from countries that are subject to anti-dumping and anti-subsidy duties such as…
On June 2, 2023, the US Department of Commerce DOC issued a notice extending the time to issue the final determination of the investigation into the scope inquiry of imported Vietnamese wooden cabinets, vanities and components. On May 24, 2022, the DOC initiated an investigation into the scope of wooden cabinets imported from Vietnam to…