Vietnam: Industries and businesses that are permitted for foreign investment

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When you decide to invest as a foreign investor in Vietnam, you must first research the feasibility of the sector you want to participate in. One of them is that you should make sure that the business sector in which you intend to invest and operate is permitted by Vietnamese law or is restricted by…

Vietnam: A need to remove obstacles for lending activities under Circular 39

A need to remove obstacles for lending activities under Circular 39, Remove obstacles for lending activities under Circular 39, lending activities of credit institutions, Research in detail about lending activities, A need to change the regulation to adapt to the real situation in the society

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…

Cut staff to lessen the Covid-19 impacts in Vietnam

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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…

Force majeure events in Vietnam: Payment obligations

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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…

What do employers need to pay attention to when detecting employees positive with covid-19 in Vietnam?

What do employers need to pay attention to when detecting employees positive with covid-19 in Vietnam?

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…

The problem of illegal termination of the contract in Vietnam

contract termination in Vietnam in COVID

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…

Vietnam labor code: Procedural issues for the termination and dismissal of the employer in Vietnam

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There are quite a number of complicated procedures involved in the termination of employment by the employer in Vietnam. Therefore, the following article will clarify the procedures that need to be followed to ensure that the termination of employment is not challenged in court, as well as the obligation of the employer to state the…

Legal issues when an employee requests to cancel an employer’s layoff in Vietnam

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The outbreak of the Covid-19 pandemic caused many employers and employers to close their businesses and lay off employees in Vietnam. Thus, when being asked to quit, can the employees raise a claim to stop the lay-off and if so, in which circumstances? Firstly, the employer allows the employee to stop working for a reasonable…

Vietnam: Issues arise when getting laid-off employees back to work after the Covid-19 pandemic has been contained

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The outbreak of the Covid-19 pandemic in Vietnam caused many employers to close their businesses and lay off employees. As such, do the laid-off employees have the right of first refusal under local law when the Company reopens for business after Covid-19 containment? If so, is that under law or best practice? This question can…

Issues on the relocation of the employee’s workplace in Vietnam

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In the current epidemic, many companies have had to close due to many senior employees have been transferred to other companies in Vietnam of the same owner. At this time, these employees are transferred to a workplace, which is different from the workplace in the employment contract signed between the employee and the employer. Thus,…

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