In the Vietnamese social insurance system, ensuring the issuance of social insurance books to employees is a crucial responsibility often underestimated by businesses. Failure to fulfill this responsibility can lead to legal penalties under social insurance laws, jeopardizing the rights of employees and significantly impacting their livelihoods. According to Article 18(2) and Article 19(3) of…
In Vietnam, when participating in the social insurance system, Vietnamese workers have the right to access unemployment insurance policies as well as the option to withdraw lump-sum social insurance. There is a common misconception among workers in Vietnam that withdrawing lump-sum social insurance benefits exempts them entirely from the social insurance system and other related…
In the context of the increasingly developing economy, labor outsourcing has become an essential part of the business operations of many companies in Vietnam, especially those with foreign investment. Utilizing labor outsourcing services not only helps businesses reduce costs and maximize profits but also contributes to creating employment opportunities and improving the livelihoods of workers….
Decree 70/2023/ND-CP amends and supplements Decree 152/2020/ND-CP, regulating the use of foreign labor in Vietnam. It introduces notable changes affecting the recruitment and employment of foreign workers in Vietnam as follows: Shortening the Reporting Time Limit for Foreign Labor Needs Previously, employers were required to report their need for foreign labor positions at least 30…
Falling ill is an inevitable part of every person’s working life. In some cases, illness can become severe, preventing employees from going to work, necessitating them to submit sick leave requests to their employers. So, does Vietnamese Labor Code allow employees to take sick leave? If they do, is it classified as sick leave, sick…
The employment contract stands as the cornerstone in the labor relationship between employees and employers. It serves as definitive proof that the establishment of a labor relationship creates value and warrants compensation for the efforts exerted. In this article, we will highlight some key points regarding employment contracts in Vietnam. Employment Contract According to Article…
The draft amendment of Vietnam’s Social Insurance Law in 2023 has garnered significant attention from the Vietnamese public, as it is regarded as one of the most substantial macro-level changes related to social welfare goals in decades. While contributing their opinions to the draft amendment, many experts, labor representatives, and labor users have highlighted certain…
Given the challenging economic situation in Vietnam, where major producers of Vietnam’s key goods face declining orders and union fee reductions, the government has proposed that the Vietnam General Confederation of Labor (VGCL) consider reducing union fees by 50%. This would mean a reduction from 2% to 1% of the mandatory fee, with an extended…
The Government has just issued Decree 70/2023/ND-CP amending and supplementing a number of articles of Decree 152/2020/ND-CP regulating foreign workers (employees) working in Vietnam and recruiting employ and managing Vietnamese workers working for foreign organizations and individuals in Vietnam. Amended regulations related to intra-enterprise movement Decree 70/2023/ND-CP has amended and supplemented the concepts of experts,…
(Published on Vietnam Investment Review’s website) In order for foreigners to work in Vietnam, employers and employees must comply with regulations governing the issuance of work permits. Vietnamese law has specific regulations on conditions for such people to work here, conditions for recruitment and employment of foreigners in Vietnam, procedures for issuance of work permits,…
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