Regulations on entering into many labor contracts at the same time in Vietnam

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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…

Important notes employees need to know to reserve the time of not receiving unemployment benefits when having a new job in Vietnam

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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…

Regulations on unpaid leaves of employees in Vietnam

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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…

In the context of a sharp increase in prices, personal income tax in Vietnam needs to be changed

In the context of a sharp increase in prices personal income tax in Vietnam needs to be changed, personal income tax in Vietnam needs to be changed, personal income tax in Vietnam, personal income tax,

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…

Experts worry about the increase in house and land prices since the Ministry of Finance has proposed a tax on houses and land in Vietnam

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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…

Franchise matters when famous brands announce withdrawal from Russia

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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…

The decision to continue extending the time limit for investigating the application of anti-circumvention measures against trade remedies for cane sugar products in Vietnam

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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…

Notes on personal income tax in Vietnam

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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…

6 cases of doing real estate business without establishing a company in Vietnam

6 cases of doing real estate business without establishing a company in Vietnam

When doing real estate business, in addition to the fact that real estate must meet certain conditions, the business owner must establish a business and post-project information. However, there are still cases where the real estate business is not required to establish a company (enterprise). When is the real estate business not required to establish…

Vietnam continues to attract FDI enterprises

Vietnam continues to attract FDI enterprises

Despite adverse effects from the COVID-19 pandemic, foreign investors still put their faith in Vietnam’s economy and investment environment. Nearly 5 billion USD of direct investment capital from FDI enterprises was attracted into Vietnam in the first 2 months of 2022 is a positive signal. Timely decisions of the Government such as Resolution 105/NQ-CP, Resolution…

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