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The amendment of the Bidding Law aims to update regulations in line with the free trade agreements (FTAs) that Vietnam is a member of, create a favorable business environment, and promote innovation. Urgent requirement for comprehensive revision The promulgation and implementation of the Law on Bidding together with relevant laws have created an important legal…
12
Apr
Apr
As an employer, there will be many cases when you want to fire an employee. This might be due to their poor performance in their position, or the business is coming across a huge change in its corporate structure or forced to cut some unimportant positions to relieve the burden due to the Covid-19 pandemic,…
11
Apr
Apr
As the Covid-19 pandemic is getting worse, the employees are trying their best to provide for their families. Accordingly, some employees have taken on the night shift or worked overtime. Some, on the other hand, try to find a new job to work simultaneously with their current job. So, what are the regulations on entering…
16
Apr
Apr
When the employee meets a transitional period in their career, they will have 2 circumstances, either working for another company immediately or in the position of jobless, out of job. However, these statuses can vary because the employee might be out of a job for a while, applying for the unemployment benefits but then he/she…
17
Apr
Apr
The Covid-19 has created many heavy impacts on society. If the employees are forced to quit to treat their disease, first they would have to use their sickness regime. If the maximum days on the sickness regime are over, they would have to use the remaining paid leaves, normally 12 days a year. However, if…
20
Apr
Apr
In order to reduce personal income tax (PIT), salaried employees have brought many suggestions to increase the deduction and lower the tax rate this year. Gasoline prices have increased six times during the past two months, pushing up prices of vegetables, eggs, and meat. Moreover, the outbreak of the COVID-19 pandemic made the income and…
21
Apr
Apr
The Ministry of Finance’s proposed tax on houses and land has raised many citizens’ concerns. Experts said that it is necessary to avoid affecting the opportunity to access housing for middle- and low-income people in urban areas. If housing taxation is not be calculated conscientiously, many experts believe that this can create opposite effects, causing…
24
Mar
Mar
A series of American and Western brands such as Subway Russia, McDonald’s, KFC, Taco Bell, Pizza Hut have announced their withdrawal from Russia. Is this said to be even possible? Answering this question sheds light on other aspects of franchise and global expansion through this transcendent business model. 1. A Series Of World Famous Brands…
11
Apr
Apr
On March 18, 2022, the Ministry of Industry and Trade issued Decision No. 348/QD-BCT extending the time limit for investigating the application of anti-circumvention measures against trade remedies for some cane sugar products by 02 more months. Specifically, the deadline for investigating the case of applying anti-circumvention measures to some cane sugar products (AC02.AD13-AS01) is…
20
Mar
Mar
Personal income tax is a very special type of tax in Vietnam. This tax is mostly ignored by the entire population of Vietnam as they are not subject to it. Rather, it is only the rich class in society that has a headache over it. So, what are the notes on personal income tax in…
