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The Ministry of Finance is gathering feedback on proposed changes to the Personal Income Tax Law. Experts have suggested raising the taxable income to VND 15-20 million, lowering the highest tax rate to 25-30 percent, simplifying the tax schedule from 7 to 3 or 4 levels, adjusting the tax rate paid by year, and so…
11
Apr
Apr
The seafood industry has faced many trade remedies lawsuits abroad in recent years, although seafood industry is one of the main export groups of our country. As exports grow continuously thanks to the Free Trade Agreements (FTA) that Vietnam participates in, it is expected that this risk will be even greater in the coming time….
13
Apr
Apr
The Law on Personal Income Tax during the implementation process has revealed many shortcomings, such as the reduction of family circumstances which is too low compared to spending levels, many tax levels and high taxes compared to income. Therefore, experts have made many proposals, including raising the deduction for family circumstances to 20 million dong….
01
Apr
Apr
Covid-19 has created many heavy impacts on society. If an employee is forced to take time off work for the treatment of an illness, they must first take sick leave. If the maximum number of sick leave days is exhausted, they need to use the remaining full paid leave days, normally 12 days per year….
11
Apr
Apr
According to information from the Department of Trade Remedies (Ministry of Industry and Trade), Thailand’s Ministry of Foreign Trade (DFT) has recently announced that it will review at the end of the period the anti-dumping duty (CBPG) order on two products: coated aluminum alloy steel and color coated steel imported from Vietnam. Thailand is considering…
15
Apr
Apr
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…
