Nowadays, Vietnam has become a rising star in the South East Asia region. Accordingly, this country has become a favorable destination for foreign workers in other countries across the world. However, when these foreign workers come to Vietnam to work, they are surprised and confused about the complicated regulations that are required in order to…
A work permit is a legal document that allows a foreigner to work legally in Vietnam. Foreign workers and Vietnam as well as business owners, employers of foreign workers, etc. all consider this issue seriously to a high standard. This article will address the standard information of work permits for foreign workers in Vietnam and answer some of the most common questions regarding this issue, such as: Who is eligible to be granted work permits in Vietnam? What are the conditions to be granted a work permit in Vietnam? Where does one apply for a work permit? How much does it cost to get a work permit? In what cases can the work permit be re-issued? What are the documents and procedures for the re-issuance of work permits for foreign workers in Vietnam?
The Vietnam Ministry of Construction is organizing consultations with organizations, individuals, and experts on the draft Decree on the Vietnam Law on Real Estate Business. The notable point is that the draft regulations are stricter than the conditions for real estate business when it is proposed that organizations and individuals must establish enterprises or cooperatives…
The Covid-19 epidemic has activated the “force majeure” clause in contracts, especially for the purchase and sale of houses formed in the future. So is this considered a force majeure event, and can investors delay or extend the payment schedule? Is the Covid-19 epidemic considered a force majeure event for homebuyers? In order to consider…
Recently, the General Department of Taxation has explained why there is no proposal to reduce personal income tax for employees. Vietnam’s economic situation in the first half of 2021 In the first 6 months of this year, the national PIT collected by the tax sector was estimated at VND 73,027 billion, equaling 67.7% of the…
Due to the heavy impacts from the Covid-19, the Vietnamese Government is doing its best to give out support for businesses suffering from this pandemic. Specifically, the Ministry of Finance is shortening the procedure for approving a tax and fee support package of about 20,000 billion VND. Furthermore, the banks also committed to reducing interest…
(Vietnam) Most of the workforce in every society is made of workers. The workers are manual laborers and they contribute to the founding of every stone and road in our society. Nonetheless, most of them still experience troubles with salary every month. So what is the right salary to be paid to the workers each…
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Legal500: Interview with Pham Duy Khuong, Founder and Managing Director of ASL LAW
Founder and Managing Director Pham Duy Khuong explains how leading Vietnamese firm ASL LAW is adapting to clients’ changing needs.
The new support package that the Vietnam Ministry of Finance is developing is expected to reduce 50% of the payable tax amount arising from production and business activities in the third and fourth quarters of 2021 for all business households and business individuals in Vietnam. The recent complicated developments of the Covid-19 epidemic, especially in…
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…