This update discussed Covid-19 cases: 1) Employees being quarantined at Government facilities, and 2) Employees being self-quarantined at residence, pursuan to government order.
Across the world, we have seen an increasing rise in scams associated with COVID-19. In Vietnam, there have been several scams relating to COVID-19 in which the victims unknowingly transferred money to fraudsters’ bank accounts.
Due to the fall in demand for products and services due to the Covid pandemic, adverse effects on business operations and cash-flow over the course of the coming months, employers must brace themselves and be prepared to make hard decisions to keep their business afloat. Our alert provides lawful considerations below for employers who envisage or need to take action on workforce planning to reduce any adverse impacts on their companies.
In February 2020, the Ministry of Natural Resources and Environment (MONRE) issued a long-waited guideline regarding issuance Certificate of Land Use Rights, Ownership of Residential Houses and Assets attached to land (LURCs) for some new real estate products including condotel and resort villas. In particular, the MONRE confirms three important points, discussed in this update.
In February 2020, the Government issued Decree 17/2020 amending some provisions regarding conditions for alcohol business under Decree 105/2017. These amendments reflect the new Law on Prevention and Control of Harmful Effects of Alcoholic Beverages and are discussed in this legal update.
The Ministry of Labour, War Invalids and Social Affairs (MOLISA) has just issued Official Letter No. 1064/LĐTBXH-QHLĐTL to guide salary and other payments during work stoppages due to the Covid-19 pandemic.
A Pledge of property is a transaction in which a party (the pledgor) pledges (handsover) the property owned by the pledgor to the other party (the pledgee) to secure the performance of a obligation(s). This update discusses the law and what action could be considered as “handover” of a property.
In this customs newsbrief, we look at customs valuation rules for imported machinery software. These rules were introduced in Circular 60/2019/TT-BTC of the Ministry of Finance, and took effect on 15 October 2019. We believe this is an interesting topic, especially for companies that import machinery, equipment and software, and hope you find this information useful.
On 27 March, the General Department of Taxes issued Official letter no. 1307/TCT-CS to all local tax departments to update them on contents of the latest draft of the decree to defer the deadline for payments of taxes and land rental fee. The final draft has now been presented to the Government for approval and is expected to be released very soon and will take effect from the signing date.
The Vietnamese government has taken numerous precautionary measures in response to the COVID-19 outbreak. Recently, the Prime Minister has issued Directive 11 dated 4 March setting out measures to help address difficulties faced by businesses.
The COVID-19 outbreak has been declared a public health emergency of international concern by the World Health Organization, causing huge impact on people's lives, families and communities. How can you prepare your organisation and respond?
Important Vietnamese legal terms can be looked up, with the corresponding term in the other language presented (Vietnamese <-> English). Very helpful resource for those professionals working in both languages
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