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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…
09
Jul
Jul
The Vietnamese Ministry of Information and Communications has issued Circular No. 40/2020/TT-BTTTT dated November 30, 2020, stipulating criteria for determining domestically produced information technology (IT) products and services that are prioritized for investment, lease, and procurement. The Circular No. 40 aims to complete the legal framework on the policy of prioritizing investment, hiring, and procurement…
09
Jul
Jul
Foreign investors and trading representatives of foreign investors in Vietnam must ensure that investment transactions on the Vietnamese stock market and transactions that are performed by related persons/groups of related foreign investors are not intended to create fake supply and demand, manipulate securities prices, and other prohibited trading acts as prescribed by law. Recently, the…
18
Jul
Jul
Nowadays, countries around the world are calling for the exemption of intellectual property rights for the Covid-19 vaccine, as well as other related medical devices, methods, etc. to fight the Covid-19 epidemic. However, what is the legal basis for such a request to work in reality? What is the role of the TRIPS agreement in…
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…
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…
06
Jul
Jul
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…
03
Jul
Jul
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…
