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AMENDMENTS TO DECREE 152 ON REQUIREMENTS TO HIRE FOREIGN EMPLOYEES

Obtaining a work permit or a work permit exemption certification in Vietnam is often a concern for foreigners. Decree 152 caused some issues, especially with regard to the requirement to have a degree matching the job. This is no longer required. There is a new requirement to post the vacancy before starting the recruitment.

27 Sep 2023

EVALUATION CRITERIA FOR SAFE BUSINESS OPERATIONS IN HO CHI MINH CITY
The authorities of HCMC have decided on criteria that will apply to businesses and people when the city will open up on 1 October. Companies are required to keep their staff safe. Offices and businesses need to meet certain requirements to be able to operate again.

29 Sep 2021

GOVERNMENT'S RESOLUTION 116 TO SUPPORT EMPLOYERS AND EMPLOYEES
In light of difficulties caused by the 4th wave of COVID-19 the government issued Resolution 116 with financial support packages for employees and employers. Certain conditions need to be met in order to qualify for this support.

29 Sep 2021

HANOI’S NEW PREVENTION MEASURES TO RESUME BUSINESS OPERATION
Hanoi has issued a plan to reopen businesses while keeping its citizens safe. Specific activities will be allowed under certain conditions. Gatherings of groups larger than 10 or 20 are prohibited depending on where they meet. Business can allow 50% of the staff to work in the office and the rest needs to work from home. It applies as of 21 September.

21 Sep 2021

PLAN TO RESUME BUSINESS OPERATIONS IN LONG AN PROVINE
Long An Province issued a plan to resume business operations. It contains information on the requirements for companies and employees for companies to resume operations. The authorities intend to have a 2 phase reopening, but the plan only contains details for the first phase from 16/9 to 15/10, not yet for 15/10 onwards.

19 Sep 2021

PLAN TO RESUME BUSINESS OPERATIONS IN INDUSTRIAL ZONES IN BINH DUONG
Binh Duong has issued a plan to resume business operations in the industrial zones. It sets out the obligations for companies and employees. The plan is split in 2 phases and distinguishes between companies that have stopped operations and those that have continued.

19 Sep 2021

DRAFT DECREE IMPLEMENTING THE LAW ON ENVIRONMENTAL PROTECTION
The draft decree provides details on the environmental permits, it sets out environmental criteria for investment project classification and requires organisations or individuals to obtain a liability insurance in specific sectors and industries. Finally, incentives and supporting policies in environmental protection are included.

20 Sep 2021

HCMC’S COVID-19 PANDEMIC’S PREVENTION MEASURES FROM 16-30 SEPTEMBER 2021
The current COVID-19 situation in HCMC makes that the authorities remain cautious. Only in areas where the pandemic is under control a more relaxing regime will apply. Citizens can go out to shop for groceries once a week and more business activities are allowed. Other services such as inter-district deliveries, food delivery and postal services will be possible again too in the whole city.

18 Sep 2021

PROPOSED PLAN TO RESUME BUSINESS OPERATIONS IN HO CHI MINH CITY
The HCMC authorities have prepared a plan to reopen the economy in the city. It consists of 3 phases which will be rolled out depending on the developments. It includes support for businesses and criteria under which companies and citizens can resume a more normal life.

16 Sep 2021

DRAFT DECREE TO AMEND SOCIAL MEDIA MANAGEMENT DECREE 72
The draft decree on social media management aims to protect children better. It provides a legal framework for live streaming and revenue-generating services provided on foreign and domestic social networks. Sometimes providers need to obtain a licence or confirmation.

13 Sep 2021

DIRECT POWER PURCHASE AGREEMENT PILOT PROGRAM IN VIETNAM
The Electricity Regulatory Authority under MOIT is currently finalising the Draft Circular, which is expected to be officially issued by the end of 2021. Due to its high relevance for the economics of renewable energy investments in Vietnam, the DPPA pilot program has attracted widespread interest from consumers and power developers. This legal update examines the most important takeaways from the draft circular.

08 Sep 2021

NEW REGULATIONS ON CROSS-BORDER ADVERTISING SERVICES
Many organisations and individuals in Vietnam use cross-border advertising services provided by various foreign providers such as Facebook, Google, Tik Tok. Decree 70 stipulates that entities engaging in those services must comply with cybersecurity and IP regulations, regulations on management, provision, and use of internet services, and pay tax.

30 Aug 2021

THE CORPORATE BONDS MARKET IN VIETNAM – RELEVANT LEGAL ISSUES
Corporate bonds have long been a valuable source of financing for businesses and a traditional investment asset for investors worldwide, mainly used real estate, securities, banking, and infrastructure development. In this update you can read about the type of bonds available in Vietnam, how bonds are offered and who can offer them.

30 Aug 2021

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