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Recently, the Ministry of Labor, War Invalids and Social Affairs of Vietnam has proposed that the labor contract with a term of one month or more will be subject to unemployment insurance in Vietnam. Currently, the community is having mixed opinions about this proposal. However, according to ASL Law, allowing employees to have short –…
01
Mar
Mar
The prescriptive period for initiating a civil case plays an important role in resolving civil cases. In the following article, ASL LAW will point out the legal provisions on the prescriptive period for initiating a civil case in Vietnam and notable notes to protect the interests of the entity that has the right to initiate…
02
Mar
Mar
In Vietnam, auditing activities are regulated under the Law on Auditing 2015. Basically, people usually understand audit activities as follows: Accountants are in charge of financial records for businesses, while audits are responsible for checking that the accounting reports posted are accurate, transparent, and not fraudulent. This interpretation is relatively correct but not specific. In…
04
Mar
Mar
The act of evasion and late payment of Vietnamese social insurance takes place a lot in Vietnam. However, the sanctioning mechanism still lacks deterrence, leading to a lot of inertia, debt payment, and even evasion of social insurance payment, which severely affects society and employees’ rights in Vietnam. According to Vietnamese law, individuals and organizations…
05
Mar
Mar
From July 1, 2023, Vietnam’s base salary will officially increase from 1.49 million VND/month to 1.8 million VND/month, corresponding to an increase of 20.8%. The base salary regime affects many industries and fields in Vietnam, including health insurance contributions for households. Vietnam’s base salary was increased with the approval of the Resolution on the state…
17
Feb
Feb
On February 13, 2023, the Ministry of Industry and Trade of Vietnam issued Decision No. 235/QD-BCT on the application of official anti-dumping measures to table and chair products from China and Malaysia. On September 30, 2022, the Ministry of Industry and Trade of Vietnam issued Decision No. 1991/QD-BCT on the application of temporary anti-dumping measures…
18
Feb
Feb
A number of articles of Circular No. 107/2020/TT-BTC, which govern the transaction of repurchasing with a term of government bonds from temporarily idle state funds of the State Treasury, have been amended and supplemented by Circular No. 12/2023/TT-BTC, which was recently published by the Ministry of Finance (State Treasury). As a result, in order for…
17
Feb
Feb
In 2022, the Minister of Labor, Invalids and Social Affairs of Vietnam had a proposal on the lump-sum social insurance category in the next revised Law on Social Insurance regarding the careful consideration of the division of lump-sum social insurance allowance according to the contribution rate of Vietnamese employees and employers. Specifically, according to this…
16
Feb
Feb
According to the provisions of the Labor Code 2019 No. 45/2019/QH14 (“Labor Code 2019”), Vietnamese employees with remaining annual leave days will no longer be paid by the enterprise for the excess leave days. Accordingly, a part of Vietnamese employees wonders if they can transfer their annual leave to the following year. Currently, the law…
15
Feb
Feb
At some exporting and manufacturing companies in Vietnam, the employer might make an agreement with the employee not to use up their annual leave. Instead, that number of annual leave days will be used on days when the company has collective events such as team building, year-end meetings, etc., which are collective holidays for all…
