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1812, 2017

Guarantee of houses to be formed in the future

On September 29th, 2017, the State Bank of Vietnam issued Circular no. 13/2017/TT-NHHH on amending and supplementing some articles of Circular 07/2015/TT-NHNH stipulating the bank guarantee (“Circular 13”). Circular 13 took effect on 15/11/2017. One of the noteworthy amendments to Circular 13 is the content relating

1611, 2017

Elderly employees

As prescribed in Article 166 and Article 187 of the Labor Code, an Elderly Employee is a person who continues to work after 55 years of age for females and 60 years of age for male.

509, 2017

New regulations guiding management of public companies

On 06th June 2017, the Government issued Decree No. 71/2017/ND-CP ("Decree 71") replacing Circular No.121/2012/TT-BTC on public company management ("Circular 121"), which contains some noticeable regulations for public companies as hereunder.

908, 2017

Updates of labour issues

This Letter would aim to keep you updated with some new laws/regulations in relation to employment and social insurance, in addition to new issues of the on-working draft of revisions of Labor Code 2012 as briefed hereinafter.

206, 2017

New Regulations on Tax and Social Insurance

Recently, on 14th April 2017, the Government promulgated Decree No. 44/2017/ND-CP (“Decree 44”) replaced provisions on Decree No. 37/2016/ND-CP (“Decree 37”) regarding the rate of contribution to the Occupational Accident And Well-being Assurance, and on 18th April 2017