Tiếng Việt
This Legal Update is prepared solely for clients of ENT Law LLC and to provide some basic information regarding changes of the Labor Code (version of 2019 compared to version of 2012). Information contained in this LegalUpdate shall only for reference and is not considered a professional legal advice of ENT Law LLC. In order to seek legal advice on any issues mentioned in this LegalUpdate, clients should contact us…
Dear Valued Clients, The prolonged Covid-19 epidemic along with the large-scale application of government’s preventation and control measures has been causing various difficulties in production and business to enterprises, which lead to the re-arangement of employees to enterprises. As understanding the concerns of enterprises, the following article will provide solutions related to the use and re-arrangement of employees during the Covid-19 pandemic for enterprises to choose the most appropriate plan…
Along with the compicated developments of the COVID-19 situation in Ho Chi Minh City, most businesses in Ho Chi Minh City are facing a series of difficulties, even are in danger of bankruptcy. Understanding this situation, on the basis of the recommendations of the Ho Chi Minh City’s Business Association, the People’s Committee has just issued a Plan for supporting enterprises affected by the COVID-19 epidemic in the city to…
Dear Valued Clients, Transfer capital to foreign investors is currently one of the popular business activities. In particular, Vietnam’s opening market policies have attracted many foreign investors to invest in Vietnam. The following article will provide the procedures to receive transferred capital for foreign investors in accordance with current regulations. I. RELEVANT LEGISLATION The following legal documents are referenced in this article: 1. Law on Investment No.61/2020/QH14 dated June 17,…
Dear Valued Clients, Vietnam law allows enterprises, agencies, organizations and individuals to recruit foreign employees to work in managerial, executive, expert and technical positions. ENT Law LLC would like to send to customers the summary of legal information you need to know related to the procedure for granting work permits of foreigners working in Vietnam. I. RELEVANT LEGISLATION The following legal documents are referenced in this article: 1. Labor Code…
Dear Valued Clients, Bond offering is one of the capital mobilization channels of enterprises besides offering shares, raising equity or borrowing from banks. Within the scope of this article, we would analyze the procedures for the private placement of bonds of a joint stock company as well as comment on this form of capital raising. Relevant legislation The following legal documents are referenced in this article: 1. Law on…
Dear Valued Clients, Overseas borrowing is one of the popular activities of enterprises during their business activities. Looking for foreign loans can come from many reasons such as repaying debts, expanding production models, etc. Therefore, enterprises need to firmly grasp the foreign loan procedures so as not to miss any development opportunities. The following article will provide the most basic content related to foreign loan procedures for enterprises. RELEVANT LEGISLATION…
INTRODUCTION Dear Clients, The use of shares or contributed capital in an enterprise as collateral is a topic of great interest from shareholders, members of the company as well as related parties. The following article will only focus on providing information about the use of shares of unlisted joint-stock companies as collateral in a charge contract. RELEVANT LEGISLATIONThe following legal documents are referenced in this article: 1. Civil Code No.91/2015/QH13…
Dear Valued Clients, An internal labor regulation is considered as a legal framework governing the behaviors and activities within an enterprise, and is an important tool in human resource management. As from January 1st, 2021, since the Labor Code 2019 has officially taken effect, the promulgation of internal labor regulations is currently considered as a mandatory obligation of enterprises. In addition, drafting and updating internal labor regulations also experience remarkable changes compared…
Dear Valued Clients, As the demand for employment is increasing day by day, signing electronic labor contracts attracts a great deal of attention from both enterprises and employees, especially after the Covid-19 outbreak. In Vietnam, although regulations concerning electronic contract have first appeared in the 2005 Law on Electronic Transactions, those rules have been specifically stipulated in the Labor Code till 2019. Accordingly, since 1 January 2021, the date on…