Recently, the Vietnamese Ministry of Finance has officially expressed its opinion, proposing to reconsider the proposal to increase pensions and allowances by the Ministry of Labor, Invalids and Social Affairs, citing that the projected funding would exceed 17 trillion Vietnamese dong, surpassing the budget’s balancing capability. The Ministry of Finance has issued a letter in…
Working hours are not only an important aspect of daily life but also a determinant of the quality of life and the socio-economic development of individuals and society as a whole. Built on the principles of fairness and sustainable development, the Vietnamese Labor Law of 2019 has set forth several significant points regarding working hours,…
Based on the principles of fairness and sustainable development, the application and compliance with regulations regarding salaries are fundamental aspects that cannot be overlooked in Vietnam’s labor law system in 2024. In a society undergoing development and active integration into the global economy, protecting the rights and ensuring the living standards of employees through salary…
On the occasion of Lunar New Year, which is also known as Tet Holiday, the issue of Tet bonuses and the 13th-month salary is often discussed in society. Currently, there is no specific regulation or rule that obliges businesses to give Tet bonuses to employees. Whether or not to give Tet bonuses depends on the…
In the increasingly complex landscape of the labor market and economic fluctuations, the supplementation of regulations to accurately determine the duration of unemployment benefits in the Gregorian calendar month in Vietnam has become an important and noteworthy issue. With the aim of optimizing the social security system, enhancing labor rights, and ensuring transparency and fairness…
On December 29, 2023, the Minister of the Ministry of Labor, Invalids and Social Affairs issued Circular 15/2023/TT-BLĐTBXH amending and supplementing certain provisions of Circular 28/2015/TT-BLĐTBXH guiding the implementation of Article 52 of the 2013 Labor Code and some provisions of Decree 28/2015/NĐ-CP detailing the implementation of certain provisions of the 2013 Labor Code regarding…
Prior to the recent improvement in regulations in the labor law in Vietnam concerning the retention period for unemployment benefits, there were instances where many workers, after completing more than 12 years of unemployment insurance contributions, were informed by insurance specialists that they could only receive a maximum of 12 months of unemployment benefits, and…
Scheduled to take effect from July 2024, the new regional minimum wage salary increase is expected to support the lives of Vietnamese citizens who are at or near the current mininum wage. The Vietnam Investment Review (VIR) has written an article covering this subject with high-valued opinion from ASL LAW’s lawyer. Specifically: “Burden balancing ahead…
Unemployment insurance plays a crucial role in helping workers stabilize their lives when facing job loss. In this context, the regulations on the duration of unemployment insurance in Vietnam become a decisive factor for the financial security of workers during the period of seeking new employment. This article will delve into this timeframe, with a…
With a continuous commitment to providing cross-border legal services for Vietnamese businesses in various countries, the IBA event provides an excellent opportunity for ASL LAW’s lawyers to meet, exchange, and learn from experiences in their specialized legal areas such as anti-dumping and trade remedy, mergers and acquisitions, business, energy and oil, construction, intellectual property, arbitration,…