Tiếng Việt
Dear Valued Clients, It has come to our attention during operation that the matter concerning the supervision of foreign investment activity carried out by Vietnamese competent state authorities is always one among others that draws attention of foreign-invested economic organizations. On the occasion of the adoption of Circular No. 02/2022/TT-BKHDT on the guidance on supervision and assessment of investment for foreign investment activities in Vietnam (“Circular 02”), we would like…
Dear Valued Clients, In order to promptly recover and develop the economy, since January 11, 2022, the National Assembly has adopted a Resolution No. 43/2022/QH 15 (“Resolution 43”) on fiscal and monetary policies for supporting socio-economic recovery and development program containing various notable contents for enterprises. Resolution 43 becomes effective from 11/01/2022 to 01/01/2024. In this Legal Update, the significant updates of such Resolution shall be specified. Value-added tax (VAT)…
Dear Valued Clients, Under the 2019 Labor Code (“LC”), enterprises or employers have the right to terminate employment contracts (“ECs”) with their employees in some certain cases. ENT would like to send Valued Clients this article collecting cases of lawful unilateral termination of employers and their obligations in the event of unilateral termination of ECs. Cases of unilateral termination of an EC of employers Under Article 36.1 of the 2019…
Dear Valued Clients, Pursuant to the 2012 Law on Trade Union, the establishment of a grassroots trade union (“GTU”) totally depends on the voluntariness of the employees and is not a mandatory procedure for the employer. However, since the law encourages the establishment of a GTU in an enterprise, ENT would like to provide some specific guidance on the procedures for setting up a GTU as you will see below…
Dear Valued Clients, Recently, the Government has announced the second draft of the Decree on personal data protection (the “Draft Decree”) as a guidance document of the current Cyber Security Law. In this Legal Update, we would emphasize several highlights which could affect business activities in Vietnam since this Draft Decree is adopted. Definition of personal data Recently, personal data (“PD”) is absent from or is stipulated scatteredly in the…
Dear Valued Clients, Facing nagative impacts of Covid-19 epidemic across the country, most enterprises and business households and individuals face a series of financial difficulties. Having this understood thoroughly, the National Assembly Standing Committee has recently passed a resolution on a package of exemption and reduction of corporate income tax and value added tax for these subjects. The following article will update the basic provisions of Resolution No. 406/NQ-UBTVQH15 dated…
This Legal Update is prepared solely for clients of ENT Law LLC and to provide some basic information regarding changes of the Law on Enterprises (version of 2020 compared to version of 2014). Information contained in this Legal Update 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 Legal Update,…
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…