Current Vietnam law on Social Insurance regulates conditions entitled to labor accidents for workers that compulsorily participate in social insurance in cases: – Accident at work and during working hours, including during breaks, mid-shift meal, preparation time and finish the job. – Accident at work or outside working hours when working as requested by the … Read More
One key point to be noted in the Decision 563/QD-NHNN issued by the State Bank of Vietnam (SBV) is that: The trading of gold will be stopped if before announcing the result, the gold price fluctuates over the price in the approved plan. The exchange office will notify the participating traders to stop trading. Additionally, a number … Read More
From April 29th 2013, the import tax for used passenger car from 9 seats (including the driver) will be increased. Accordingly, for car less than 1,000 cc in heading 8703 of tax category will be applied the new tax rate of USD 4,200. For car from 1,000 cc to 1,500 cc, the tax is of USD … Read More
According to Euromonitor in its 2013 International Countries’ briefing, Vietnam continues to attract foreign investors thanks to its various investment incentives, a growing labour force and a flexible labour market. The total economically active population stood at 45.6 million in 2011, 10.0% higher than in 2006 as a result of steady population growth. Foreign direct investment (FDI) … Read More
When marriages with foreign element are rejected Before a foreigner and Vietnamese decide to get married, they must have known each other for some time. However, due to difference in cultures, and laws in different countries, they might fall under cases which are not allowed by Vietnam State Authority to get married. The marriage registration … Read More
Best Interest Protection Corporates and individuals focus on solving business matters while at the same time they wish to ensure regulatory compliance and risk management on any matters they do. Businesses environment changes quickly so as the law of developing countries. The changes could be changes of corporate laws, investment incentives or tax policy, or labour regulations, or any others. As we work with … Read More
Being aware and being complied are different processes. ANT Lawyers understands corporates and individuals face economic and legal issues and it is realistically not possible to handle both aspects at the same time. The reason is that, businesses environment changes quickly so as the law of developing countries. The changes could be changes of corporate laws, investment incentives or tax … Read More
Enterprises or individuals whether foreign or local should ensure they follow relevant laws, regulations, business rules, as well as ethical codes within profession wherever they operate to protect their best interests and mitigate any risks involved. Businesses environment changes quickly so as the law of developing countries. The changes could be changes of corporate laws, investment incentives or tax policy, or labour regulations or any others. … Read More
Decision 105/QD-UBCK of the State Securities Commission of Vietnam on promulgating the regulations on the establishment and operation of the risk management system for securities company From February 26th 2013, securities companies are required to establish and operate the risk management system in accordance with the business conditions of the company. To legalize the requirements for risk … Read More
Official Letter 640/LDTBXH-TCCB of the Ministry of Labour – Invalids and Social Affairs (MOLISA) on the rate of wage increase before the deadline From April 10th 2013, the rate of officials and employees that are paid increasing ahead of time in a year will be raised to 10%, doubling the previous regulation. To directly implementing the … Read More
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