According to the current laws of Vietnam, employees have a period of 3 months after resigning from their jobs to submit applications for unemployment benefits. However, due to various reasons, many employees are unable to submit the required documents within this timeframe. Recognizing this drawback, several representative groups of employees have proposed to extend the…
On the morning of June 29, 2023, ASL LAW conducted an online seminar in the form of a webinar with the theme: Personal Data Protection Decree in Vietnam and Cross-Border Transactions. The purpose of this online seminar was to introduce and analyze the legal framework related to personal data protection and the difficulties and considerations…
Vietnam’s social insurance has recently issued Decision 948/QD-BHXH to repeal sections a and b, point 2.6, Article 2 of Decision 595/QD-BHXH to align with Decree 38/2022/ND-CP. Accordingly, the provision that trained employees must have a higher social insurance contribution rate of at least 7% compared to untrained employees in Vietnam has been officially abolished. Article…
Vietnamese regulations on foreign contractor tax are primarily governed by the Tax Law and related implementing guidelines. Here are some important points regarding foreign contractor tax in Vietnam. Foreign contractor tax is imposed on individuals or foreign organizations when they earn income from providing services or supplying goods in Vietnam. Foreign contractors are classified as…
In Vietnam, there are two important concepts related to taxation: “taxable income” and “assessable income.” Here are the basic differences between these two concepts: Taxable income: • This is the amount on which an individual or business is required to pay taxes. It serves as the basis for determining assessable income. • Taxable income includes…
Currently, selling products on e-commerce platforms and social media in Vietnam has become popular. Among them, TikTok, originally a social entertainment platform similar to Facebook and Instagram, has recently introduced the TikTok Shop feature, officially functioning as an e-commerce platform. Consequently, individuals that sell products on TikTok must fulfill their tax payment obligation according to…
When a worker works overtime at night, according to the labour law in Vietnam, how much wage do they receive? If the overtime is on a weekend, does the wage change? Work at night Clause 2, Article 98 of the Labor Code 2019 stipulates that workers who work at night must receive an additional payment…
On June 22, 2023, the Ministry of Industry and Trade of Vietnam issued Decision No. 1511/QD-BCT on extending the time limit for the first review of the application of anti-dumping measures on long fiber products made from polyester from India, Indonesia, Malaysia and China. Vietnam started to conduct an investigation into dumping of polyester long…
29 June 2023, 09:00 to 10:00 AM (Vietnam Time GMT + 7) Vietnam Personal Data Protection shall become effective from July 01, 2023. It is assumed that this shall significantly affect the way of collecting, transferring data oversea, storing, and handling personal data in Vietnam. In this webinar, our lawyers will provide an update on…
On June 19, 2023, the Ministry of Industry and Trade of Vietnam issued Decision No. 1466/QD-BCT regarding the second review of the application of anti-dumping measures on sweetener products (monosodium glutamate) from China and Indonesia. On July 22, 2020, the Ministry of Industry and Trade of Vietnam issued Decision No. 1933/QD-BCT, officially applying anti-dumping duties…