INCREASE THE PENALTIES FOR MANY ADMINISTRATIVE VIOLATIONS ON LABOR AND INSURANCE
This is a notable content in Decree 12/2022/ND-CP stipulating penalties for administrative violations in the field of labor, social insurance, and Vietnamese employees working abroad under contracts. . Accordingly, compared with Decree 28/2020/ND-CP, the fine has increased with many administrative violations on labor such as: (i) A fine of between 20 and 40 million dong […]
ENTERPRISES SENDING VIETNAMESE WORKERS ABROAD MUST MAKE A DEPOSIT OF VND 2 BILLION
On December 10, 2021, the Government issues Decree No. 112/2021/ND-CP detailing a number of articles and measures to implement the Law on Vietnamese Guest Workers. Accordingly, an enterprise providing the service of sending Vietnamese workers aboard as guest workers shall deposit VND 2,000,000,000 (two billion Vietnam dong) at a bank, a foreign bank branch legally […]
THE TOTAL NUMBER OF EXTRA WORKING HOURS OF AN EMPLOYEE MUST NOT EXCEED 300 HOURS/YEAR
This highlighted content is prescribed by the Ministry of Labor, Invalids and Social Affairs in Circular No. 18/2021/TT-BLDTBXH dated December 15, 2021, prescribing working time and rest time for employees doing seasonal production jobs or processing goods under orders. Specifically, the maximum daily standard working hours and extra working hours as follows: The total number […]
04 NEW PRECEDENTS OF CIVIL DISPUTE RESOLUTIONS THAT APPLICABLE FROM 01/02/2022
The Council of Judges of the Supreme People’s Court approved 09 new precedents, of which there were 04 civil cases, including: (i) Precedent no. 44/2021/AL on determining the statute of limitations for initiating a lawsuit for counterclaims; specifically, “The counterclaim is also a petition to initiate a lawsuit, so it must comply with the regulations […]
NO ISOLATION IS REQUIRED FOR PEOPLE ENTERING VIETNAM FOR SHORT-TERM WORK
On December 24, 2021, the Ministry of Health issued Official Letter No. 10943/CV-BYT on medical guidelines for preventing and controlling COVID-19 for people who are allowed to enter Vietnam for short-term work (under 14 days). Accordingly, people enter for diplomacy and public service, investors, experts, highly-skilled workers, business managers and their relatives are subject to […]
URGENTLY RESTORE INTERNATIONAL COMMERCIAL FLIGHTS
On December 22, 2021, the Government Office issued Official Letter No. 9370/VPCP-CN on urgently performing the task to restore international commercial flights. Accordingly, Standing Deputy Prime Minister Pham Binh Minh requested the Ministries: Public Security; Transport; Health; Foreign Affairs; Information and Communications to perform the assigned tasks in the Notice No. 334/TB-VPCP urgently to ensure […]
VACCINE PASSPORT
On December 20, 2021, the Ministry of Health issued Decision No. 5772/QD-BYT on promulgating the Form and the process of issuing the “Vaccine Passport.” Specifically, the vaccine passport form includes the following information: Full name, date of birth, nationality, disease, number of injections, date of injection, doses of injection, vaccine, product and manufacturer of the […]
LABEL OF GOODS WITH UNIDENTIFIED ORIGIN
On December 09, 2021, the Government issues Decree No. 111/2021/ND-CP amending and supplementing a number of articles of the Government’s Decree No. 43/2017/ND-CP dated April 14, 2017, on goods labeling. Accordingly, manufacturers, importers, or exporters shall themselves identify and show the origin of their goods and ensure truthfulness, accuracy, and compliance with the law on […]
CREDIT INFORMATION COMPANY MUST HAVE A MINIMUM CHARTER CAPITAL OF VND 30 BILLION
The Decree No. 58/2021/ND-CP promulgating regulations on the provision of credit information services is issued on June 10, 2021, by the Government. Specifically, a credit information company shall be granted a certificate of eligibility for providing credit information services if satisfying the following conditions: Having a minimum charter capital of VND 30 billion; Having a […]
AMENDING THE REGULATIONS ON PRIVATE OFFERING OF SHARES AND BONDS
As prescribed in the 2014 Law on Enterprises, a shareholder or a group of shareholders must own 10% or more of total common ordinary shares for at least 6 consecutive months, or own a smaller percentage thereof as stipulated in the company’s charter to hold the rights prescribed in Clause 2 of Article 114 in […]