Recent news
Latest items of recent news relevant to Vietnam as reported in our fortnightly newswire ‘Dernières nouvelles’.
Vietnam: Foreign employees subject to increased social insurance rates from January 2022
Although the Social Security Scheme for foreign employees was introduced in 2018, it will only be from 2022 that the full scheme will be operational …
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Vietnam: Resolution 105 eases restrictions relating to issuance of work permits for foreigners
The government has issued Resolution No …
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Vietnam: Government focuses on cybersecurity and data protection
The government is moving towards greater control of internet content and electronic communications, together with tougher controls on the handling of personal data …
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Vietnam: Businesses struggle with labour shortage following the big exodus of migrant workers
The phenomenon of a high unemployment rate coupled with huge labour shortages has hit Vietnam …
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Vietnam: Resolution 105 helps bring foreign experts back to Vietnam
The government issued Resolution 105 on 9th September 2021 …
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Vietnam: Strict zoning system introduced to reduce the spread of COVID-19
A new strict zoning system is being introduced to reduce the spread of COVID-19 in the capital city Hà Nội …
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Vietnam: Switzerland supports Vietnam in training bank executives
The State Bank of Vietnam has signed an agreement with the Swiss federal government to set up a bank executive training programme for Vietnamese staff …
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Vietnam: E-passports for Vietnamese citizens
Citizens seeking a new, or replacement, passport from 14th August 2021 onwards may choose to have it with, or without, an integral electronic chip containing their additional personal details …
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Vietnam: CPI growth in 2021’s first half lowest since 2016
The annual rate of consumer price inflation (CPI) for the first half of 2021, compared with the equivalent period last year, was 1 …
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Vietnam: National Wage Council established
The National Wage Council has just been formed by the government (Decision No 449/QD-TTg) …
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Vietnam: New labour rules for foreigners working in Vietnam
Decree 152 will come into in effect on 15th February 2021 and apply to the employment of foreign nationals working in the country and the management of Vietnamese workers by foreign companies …
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Vietnam: Starting a business now takes less time
A new decree (122/2020) simplifies the steps necessary to establish a business entity in Vietnam …
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Vietnam: More details on the Labour Code
In an earlier issue of our Newswire, we reported a number of features of Vietnam’s Labour Code which come into force on January 1st 2021 …
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Vietnam: Temporary suspension of contributions to pension and death benefit fund continues
The Ministry of Labour has further suspended contributions to the pension and death benefit funds until the end of the year, but only where companies have demonstrated they are in severe economic difficulty …
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Vietnam: Legitimate business expenses
A number of expenses for employees have been declared as legitimate business expenses under both income and corporation tax by the Ho Chi Minh City Department of Taxation …
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