Upcoming changes to Vietnam's labour law include such significant steps as more flexibility in the renewal and termination of labour contracts; and for the first time, the right of employees to establish and join independent labour unions. Although the Labour Code 2019 will not take effect until 1 January 2021, employers should start looking ahead and consider how the upcoming changes will impact their businesses and management of their workforce. ...

In response to the rapid growth of the e-payment market in Vietnam, the State Bank of Vietnam (the SBV) has reviewed the legal framework regulating the sector and proposed some important changes. In this Insight, we set out the key amendments the SBV has already issued – as well as those in the pipeline – and their potential impact on the intermediary payment services market. ...

This Cross-Border Guide considers questions that commonly arise on joint venture deals and how they can be resolved in 26 jurisdictions While no two joint venture deals are the same we hope this is a useful guide to some of the main features of doing cross-border deals ...

A new Circular issued by the State Bank of Vietnam will allow non-resident foreign investors to use foreign currency for deposits or escrow deposits when participating in an auction for the purchase of shares or capital contribution in connection with the equitisation or divestment of state owned ...

Social insurance contributions from foreign employees working in Vietnam and their employers were required from 1 January 2018 but lack of guidance has meant a hold on the practice until now The Government has finally issued a long-awaited decree that implements the compulsory social insurance ...

Dismissing employees whether for under-performance or misconduct has always been a difficult task in Vietnam given the strongly pro-employee labour legislation However the Government has recently issued new legislation in an attempt to level the playing field and create a clearer avenue for ...

A new Law on Enterprises aimed at making it easier to do business in Vietnam implements key changes to the regulation of all companies operating in Vietnam and will allow companies greater freedom in the activities they may conduct Partners Linh Bui and Robert Fish Senior Associate Chi Ha and ...

Vietnams new Law on Bankruptcy will take effect from 1 January 2015 bringing in a number of changes including a new definition of bankruptcy Partner Robert Fish and Junior Associates Giang Quang Nguyen and Linh Nguyen look at the most significant features of the new law and note what will differ ...

The long-anticipated changes to the rules on foreign investment in Vietnamese credit institutions allowing greater levels of foreign investment particularly in the case of weak banks will soon come into effect Partner Robert Fish and Senior Associate Linh Bui report ...

Our global alliance partner Linklaters has compiled a guide for foreign investors who are looking to start a business in selected jurisdictions ...