ASL LAW Firm team of lawyers participated in GC Summit Vietnam 2023 event organized by Legal500 at Pullman Saigon Center. GC Summit Vietnam GC Summit Vietnam is a conference organized to discuss and analyze Vietnam’s position in the international market and how companies as well as senior in-house lawyers deal with legal and business challenges…
Pursuant to the Law on Promulgation of Legal Documents in 2015, which was amended and supplemented in 2020, the Ministry of Industry and Trade of Vietnam has presided over and coordinated with relevant ministries and branches to develop a draft Decree regulating offshore investment in petroleum activities replacing Decree No. 124/2017/ND-CP dated November 15, 2017…
Vietnam’s real estate market is currently facing many difficulties, ‘bottlenecks’ need to be opened early such as planning problems, high land prices, slow disbursement of investment capital, … The real estate market in Vietnam and proposals of solutions for this situation have been mentioned at the Conference to solve and promote the Vietnamese real estate…
With the promulgation of Decree 38/2022/ND-CP changing the minimum wage of Vietnamese employees from July 2022, there are still many businesses and trained employees wondering whether this major change in the minimum wage affect the required 7% increase in the minimum wage for trained employees? Article 3 of Decree 38/2022/ND-CP stipulating monthly and hourly minimum…
Recently, the Ministry of Labor, War Invalids and Social Affairs of Vietnam has proposed that the labor contract with a term of one month or more will be subject to unemployment insurance in Vietnam. Currently, the community is having mixed opinions about this proposal. However, according to ASL Law, allowing employees to have short –…
The prescriptive period for initiating a civil case plays an important role in resolving civil cases. In the following article, ASL LAW will point out the legal provisions on the prescriptive period for initiating a civil case in Vietnam and notable notes to protect the interests of the entity that has the right to initiate…
In Vietnam, auditing activities are regulated under the Law on Auditing 2015. Basically, people usually understand audit activities as follows: Accountants are in charge of financial records for businesses, while audits are responsible for checking that the accounting reports posted are accurate, transparent, and not fraudulent. This interpretation is relatively correct but not specific. In…
The act of evasion and late payment of Vietnamese social insurance takes place a lot in Vietnam. However, the sanctioning mechanism still lacks deterrence, leading to a lot of inertia, debt payment, and even evasion of social insurance payment, which severely affects society and employees’ rights in Vietnam. According to Vietnamese law, individuals and organizations…
From July 1, 2023, Vietnam’s base salary will officially increase from 1.49 million VND/month to 1.8 million VND/month, corresponding to an increase of 20.8%. The base salary regime affects many industries and fields in Vietnam, including health insurance contributions for households. Vietnam’s base salary was increased with the approval of the Resolution on the state…
On February 13, 2023, the Ministry of Industry and Trade of Vietnam issued Decision No. 235/QD-BCT on the application of official anti-dumping measures to table and chair products from China and Malaysia. On September 30, 2022, the Ministry of Industry and Trade of Vietnam issued Decision No. 1991/QD-BCT on the application of temporary anti-dumping measures…