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Contracts of Employment: A Guide with Tips

Web2 Importance of a Contract of Employment. 2.1 Legal Protection for Employees. 2.2 Clarification of Job Responsibilities. 2.3 Terms and Conditions of …

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Vietnam's Workforce Blueprint: Navigating Employment Law

WebIn the dynamic landscape of Vietnam’s workforce, a comprehensive understanding of employment law is not only beneficial but imperative. This legal insight …

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Understanding Vietnam Labor Law for Foreigners

WebA work permit is a legal document that allows a foreigner to work in Vietnam for a specific employer and position. It is issued by the Vietnamese competent authorities …

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LE & TRAN Law Corporation

WebWe are the Vietnamese law firm that has been highly ranked by Chambers Asia Pacific, Legal500, Benchmark Litigation, Asia Law as one of the top law firms in Ho Chi Minh …

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Overview of Legal Documents System in Vietnam Le & Tran

WebSome Fundamental Legal Documents in Vietnam Constitution. The Constitution is promulgated by the National Assembly and is the basic legal normative document, …

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What is A Labor Contract

WebA labor contract is essential for both employers and employees in Vietnam, as it serves as a key element in defining and regulating their employment relationships. It …

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Understanding Employment Contracts in Vietnam for Foreigners

WebEmployment contracts in Vietnam can be classified into three main categories: Full-time contracts are the most common type of employment contract and …

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Understanding Social Insurance in Vietnam

WebThe Social Insurance Fund embodies Vietnam’s commitment to collective responsibility toward social welfare. It symbolizes a collective effort to ensure a safety net …

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Corporate Governance: Principles, Practices, and Benefits

WebCorporate governance is a fundamental concept in the world of business and management, encompassing the structures, processes, and practices that guide and …

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Exploring Various Employment Types

WebThe 8 Different Types of Employment. 1. Full-Time Employment. Full-time employment is widely recognized as the most traditional form of work arrangement. In …

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What is Conflict of Interest

Web4 Best Practices for Managing Conflicts of Interest. 4.1 Identifying and Clearly Defining the Seeds of Conflict. 4.2 Issuing and Updating Company Policies …

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What is Breach of Contract: Examples, Consequences & Legal …

WebExample 2: Non-payment or late payment. Non-payment or late payment is a common way of breaching a contract. For example, suppose you sell goods to a …

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Understanding Labor Cost and Its Implications for Businesses

WebThe administrative and supporting staff salaries sum up to $20,000 (indirect costs). The total labor cost is $50,000 (direct) + $20,000 (indirect) = $70,000. Example 2: …

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Vietnam Facilitates Work Permit Process for Foreign Workers

WebThe Work Permit Process. Prior to Resolution 105 described above, the government of Vietnam introduced Decree 152, which was implemented on February 15, …

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Getting a Work Permit in Vietnam for Foreigners in 2023

WebTo be eligible for a work permit in Vietnam, foreign applicants must meet specific criteria, including being at least 18 years old, maintaining good health that …

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Vietnam Fiduciary Duty: Negligence Liability in Enterprise

WebAny person, whether holding a managing position or authority or not, that has a direct duty of managing the property and causes damage to said property shall be …

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Vietnam Law on Environmental Protection 2020 – New Highlights

WebThe LEP 2020 consists of 16 Chapters and 171 Articles (compared with the LEP 2014 with 20 Chapters and 170 Articles). First, LEP 2020 prioritizes provisions for …

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Charter Capital and Investment Capital

WebInvestment capital is the capital for implementation of the investment project of the VietCo. This includes the capital contribution by the foreign investor and the loan capital that the …

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