In March 2023, the government issued a draft of the Revised Law on Social Insurance for public comments. The Draft Law will be available for public comments until 30 April 2023. The Draft Law presents a number of notable changes to the currently applicable regulations that may bring about a significant impact if they are eventually approved in the final version of the Draft Law.
In brief 2022 was undoubtedly an active period for Vietnam’s regulatory landscape and the year has drawn to a close with a long progression of new regulations and important legal updates. As demonstrated by recent announcements and upcoming regulatory enactments, this pace of notable legal developments shows no sign of…
The new year, 2022, has officially started with the launch and coming into force of novel legal policies that may impact the operations in general and workforce in particular of enterprises in Vietnam, especially those with foreign employees. This post highlights these developments.
On 14 December 2020, the Vietnamese government issued Decree No. 145/2020/ND-CP detailing and guiding the implementation of the Labor Code on working conditions and labor relations.
On 20 November 2019, the National Assembly of Vietnam adopted the Labor Code No. 45/2019/QH14 (“New Labor Code”) after an amendment process lasting nearly four years. The New Labor Code will take effect from 1 January 2021. The New Labor Code revises and supplements several provisions across all chapters of…