What Are Contents of Labor Contracts in Vietnam?

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A labor contract is an important legal basis that governs the relationship between employers and employees in Vietnam. It not only ensures the rights and obligations of both parties but also complies with current labor laws. Creating a clear and detailed labor contract helps minimize disputes and protect the legal rights of both the employee…

Regulations on Collective Bargaining and Dialogue in Vietnam’s Labor Environment

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Collective bargaining and dialogue are essential tools for maintaining peaceful and fair labor relations between employees and employers. As the economy develops, labor relations have become more diverse and complex. Therefore, Vietnamese law has established specific regulations on collective bargaining and dialogue to address labor disputes and ensure the rights of both employees and employers….

Regulations on Collective Labor Agreements in Vietnam

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Collective labor agreements are an essential legal tool that governs the rights and duties of employees and employers in the workplace. In Vietnam, these agreements not only serve as a mutual understanding between the parties but also act as a mechanism to protect the legal rights of employees while promoting fairness and transparency in labor…

Regulations on Wages Paid to Employees in Vietnam

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Wages are a critical factor in the labor relationship, reflecting the value of the employee’s work and serving as a basis to ensure their rights throughout the employment process. In Vietnam, labor law clearly defines the payment of wages to employees, from minimum wages to allowances and bonuses, in order to protect employees’ legitimate rights….

U.S. Extends Deadline for Anti-Dumping and Countervailing Duty Investigations

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On December 9, 2024, the U.S. Department of Commerce (DOC) issued a notice extending the deadline for administrative processing in anti-dumping and countervailing duty investigations. In fiscal year 2024 (from October 1, 2023, to September 30, 2024), the DOC received 117 new complaints from domestic industries requesting the initiation of anti-dumping and/or countervailing duty investigations,…

Wide M&A prospects for ASEAN players

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(Published on Vietnam Investment Review) Supported by an influx of capital from developed economies, Southeast Asia now stands as a strategic hub for international investors exploring growth opportunities. Despite this appeal, the market presents specific challenges that necessitate careful navigation. Nonetheless, the momentum in the Southeast Asian merger and acquisition (M&A) sector reflects a resilient…

Vietnam Issues Decree No. 132/2024/ND-CP on Offshore Investment in Oil and Gas Activities

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On October 15, 2024, the Vietnamese Government issued Decree No. 132/2024/ND-CP, prescribing regulations for offshore investments in oil and gas activities. This comprehensive decree provides a legal framework for investors seeking to engage in overseas oil and gas exploration, production, and related operations, ensuring alignment with both Vietnamese laws and the laws of host countries….

Vietnam Introduces Decree No. 147/2024: Transforming Internet Service Regulation

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On November 9, 2024, Vietnam’s government unveiled Decree No. 147/2024/ND-CP, marking a significant shift in the regulation of internet services. This groundbreaking regulation, set to take effect on December 25, 2024, replaces the decade-old Decree No. 72/2013/ND-CP and its subsequent amendments. With over 200 pages of provisions and an extensive appendix containing 62 forms, Decree…

Strengthening E-commerce Management in Vietnam

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Vietnam’s e-commerce sector has witnessed remarkable growth, becoming a cornerstone of modern business practices. Acknowledging the significant opportunities and challenges posed by this rapidly expanding industry, Prime Minister Pham Minh Chinh has directed relevant ministries and local authorities to tighten state management of e-commerce through official telegram 119/CD-TTg dated November 25. E-commerce: A Booming Sector…

Vietnam Extends 2% VAT Reduction Until June 2025

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The National Assembly of Vietnam recently approved an extension of the 2% reduction in value-added tax (VAT) to the end of June 2025. This measure, aimed at supporting economic recovery and development, ensures that goods and services subject to the standard 10% VAT rate will continue to enjoy a reduced rate of 2% during the…

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