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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
Why this handbook? Recently, the Covid-19 pandemic has had a heavy impact on the economy of the world in general and of Vietnam in particular. These impacts are reflected in the difficulties and heavy losses of businesses, forcing business owners to reduce production, reduce jobs, force workers to stop working, to be laid off and…
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…
08
Jul
Jul
Because of the Covid-19 epidemic impacts in Vietnam, many corporations find it hard to maintain a balance of finance, facilities, …. Therefore, although it still wants to keep its employees, the company still needs to cut as much as possible to maintain operations. At this time, the company was forced to cut staff. One of…
15
Jul
Jul
The Covid-19 impacts has caused many losses to companies. This made many companies opted for cutting personnel to lessen the finance burden. However, should this situation keeps on, it is expected that there will be 200 million unemployed people all over the globe because of Covid-19, according to the statistic from ILO. These are other…
05
Jul
Jul
COVID Question: Can payment obligations be suspended as a result of the Force Majeure event in Vietnam, or will the Force Majeure event only excuse the inability to perform obligations other than monetary obligations? The following article will provide the answers to the above questions, typically under COVID impact. This is a frequent occurrence, where…
04
Jul
Jul
Covid Question: Regarding responsibility of employers in preventing epidemics and handling situation when detecting that the employees are sick or are subject to isolation, according to Clause 4, Article 23 of the Vietnam Law on Prevention and Control of Infectious Diseases, employers, when detecting the disease or signs of infectious diseases, shall have to notify…
05
Jul
Jul
COVID Question: For the case of contract termination in Vietnam when the employer unilaterally terminates the contract because of the epidemic, he has to reduce production and business according to Point c, Clause 1, Article 36, Vietnam Labor Code. In this case, according to Article 41 of the Vietnam Labor Code, when the employer unilaterally…
05
Jul
Jul
(COVID 19 Question) In fact, Vietnam law does not have specific provisions for the application of salary cuts to company employees. However, according to the provisions of the Vietnam labor law, the employer can only reduce the salary for the company in two cases: transferring the employee to a job other than the labor contract,…
