Author Archives: Danh Nguyen

Since January 1st 2022, foreign employees can participate in the full compulsory social insurance regimes like Vietnamese employees

Based on Decree 143/2018/ND-CP, Resolution 68/NQ-CP, Resolution 126/NQ-CP amending Resolution 68/NQ-CP, the social insurance policies have significantly changed. Especially, there are two important changes that enterprises need to notice: Firstly, enterprises start to pay more 14% of the salary funds on which social insurance premiums into the retirement and survivorship fund for foreign employees working […]

Chế độ BHXH đối với người lao đông nước ngoài từ ngày 1/1/2021

Căn cứ vào Nghị định 143/2018/NĐ-CP, Nghị quyết 68/NQ-CP được sửa đổi, bổ sung bởi Nghị quyết 126/NQ-CP, chính sách bảo hiểm xã hội bắt buộc sẽ có nhiều sự thay đổi. Cụ thể, có hai sự thay đổi nổi bật mà Quý doanh nghiệp cần lưu ý: Thứ nhất, doanh nghiệp sẽ bắt đầu […]

The Labor Code No. 45/2019/QH14, will take effect on 1st January, 2021

The Labor Code No. 45/2019/QH14 (“the Labor Code 2019”) is ratified by the 14th National Assembly of Socialist Republic of Vietnam during its 8th session on November 20th, 2019. It shall enter into force as of 1st of January 2021. The promulgation of this Labor Code is necessary and appropriate because the practice still has […]

Law on Investment will take effect on January, 2021

On 17 June 2020, the new Law on Investment (“New Investment Law”) was passed by the National Assembly of Vietnam. This will take effect on 1 January 2021. Market access conditions for foreign investors The most notable change in the New Investment Law is the introduction of the “negative list” approach, according to which foreign […]

Overview of new and significant regulations in 2020 Law on Enterprises

On June 17, 2020, the National Assembly issued Enterprise Law No. 59/2020/QH14 (“Law on Enterprises 2020”), replacing the Law on Enterprises 2014, effective from January 1, 2021. Some notable points in the new Law are as follows: Adding more entities prohibited from establishing and managing enterprises In detail, the 2020 Law on Enterprises is supplemented […]