(Vietnam) Due diligence (DD) is an extensive process of M&A deal undertaken by an acquiring firm in order to thoroughly and completely assess the target company’s business, assets, capabilities, and financial performance. One of the most important and complex types of due diligence process is Legal Due Diligence (Hereinafter referred as “LDD”). 1. What is…
(Published on Vietnam Investment Review). Fines for foreign-invested enterprises (FIE) for failing to pay social insurance premiums have been specified in Decree No.28/2020/ND-CP released in March 2020 on providing penalties for admin violations in the fields of labor, social insurance, and overseas manpower supply under contract. Decree 28 details that in the case of failing…
Currently, due to the extremely complicated epidemic situation, airlines in Vietnam may face many difficulties in terms of financial situation which leads to the termination of labour contract in aviation field. Under this circumstance, high-qualified aviation persons, such as First Officers and Captains, have not received a salary on the contract but received the salary…
Recently, A Vietnam Labor Law Conference 2021 just took place in Ho Chi Minh City. The conference has attracted the attention of many renowned individuals such as HR directors, internal lawyers, and lawyers of a law consulting firm specializing in Labor Law. Following the topic of the event “Labor law in the industrial era 4.0”,…
Before officially establishing an employment relationship through an employment contract, the employer and the employee will usually agree on a trial job. But the question is that is the probationary agreement required to be made into a written contract? Is probation required a signed contract? Clause 1, Article 24 of the Labor Code 2019 regarding…
The amended Investment Law and the Enterprise Law: impacting on improving the quality and efficiency of attracting domestic and foreign investment resources in Vietnam. With the increasingly dynamic economic integration in Vietnam, in particular, the two significant FTAs are passed currently, which are CPTPP and EVFTA, have brought many more opportunities to domestic businesses and…
Converging reputable lawyers and legal experts working in different fields of law in Vietnam and internationally, ASL LAW not only provides a variety of legal services but is also considered a sheet anchor by Vietnamese businesses with trade relations in 22 countries around the world. Vietnam International Law Firm With a team of prestigious lawyers…
During the past time, due to the impact of Covid – 19 epidemic production and business of many enterprises have encountered difficulties. The question is how to pay salary to employees during the Covid 19 (NCOV)? Recently, Ministry Of Labour, War Invalids And Social Affairs has issued guidance on this with the following highlights. Workers have to…
During the past time, due to the impact of Covid – 19 epidemic production and business of many enterprises have encountered difficulties. The question is how to pay salary to employees during the Covid 19 (NCOV)? Recently, Ministry Of Labour, War Invalids And Social Affairs has issued guidance on this with the following highlights. Workers have to…
CLIENT’S INQUIRY Dear ASL LAW, I have known reputation of your firm in terms of Vietnam Labor Law and I am seeking some legal assistance and advice regarding a labour dispute with my company in Hanoi. I have a full-time definite contract with my company, as well as having a valid work permit. They decided…