Library

Proportional to Vietnam’s rapid development in various areas of its economy, the telecommunication industry has undergone through rapid development and has become a key economic sector for the country. Legal regulations on telecommunications have also been evolving to support the business practice in Vietnam. Various regulations on the telecommunication business, for instance the Ordinance of … Read More

The Vietnam Penal Code No. 15/1999/QH10 has been promulgated on Dec 21st, 1999 with effective date from Jul 1st, 2000 (Penal Code 1999). This Penal Code has been revised by the Vietnam Penal Code No. 37/2009/QH12 on Jun 19th, 2009 with effective date from Jan 1st, 2000 (Penal Code 2009). PENAL CODE (No. 15/1999/QH10) FOREWORD … Read More

Foreigners working in business set-up in Vietnam are expatriates which are normally required work permit in Vietnam. As the Vietnam law’s restrictions to encourage employment of local employee over foreign employee, normally, the employment of an expatriate is limited to a managerial position or to a position which Vietnamese employee are not yet qualified. There are exemption of work permit … Read More

Foreign investors whom set up company in Vietnam always face challenges to understand the tax system in Vietnam. The below briefly explains type of taxes in Vietnam for regular enterprises. In special cases, foreign enterprises are suggested to consult with tax lawyers in Vietnam before establishment and during the operation to ensure compliance Major taxes which enterprises including both … Read More

Under the provisions of the Vietnam Criminal Code 1999 (as amended and supplemented in 2009), high technology crime offenders are mainly governed under Article 224, 225, 226, 226a of in the field of information technology and telecommunications as follows: Article 224: Crime to spread viruses, computer programs featuring detrimental to the operation of computer networks, telecommunication … Read More

Enterprises employing foreign workers in Vietnam should be aware of issues on visa, work permit, liability of enterprise related to Personal Income Tax (PIT) of the foreign employee as declaration, payment and finalization to ensure legal compliance. Visa Foreigners eligible working in Vietnam are foreign investors whom contribute capital to set-up company in Vietnam, chief representative … Read More

The Vietnam Family and Marriage Act 2014 has officially been passed and will take effect from Jan 1st, 2015.  The Vietnam law on Marriage and Family in 2014 has the following notable update: Same-sex marriage is not banned but not yet officially recognized The Law on Marriage and Family in 2014 abolishes the regulations that “prohibit marriage … Read More