Nestlé strengthens collaboration with partners to advance regenerative agriculture in Viet Nam
21/06/2023 19:41VGP - Nestlé Viet Nam has signed an agreement with the Vietnamese Ministry of Agriculture and Rural Development (MARD) to support the country's transition to regenerative and low-emission agriculture.
Deadline for payment of VAT, CIT, PIT, and land rent extended
VGP - The Government issued Decree 52/2021/ND-CP (“Decree 52/2021”) on extending the deadline for payment of value added tax (VAT), corporate income tax (CIT), personal income tax (PIT) and land rent in 2021 in a bid to provide assistance to businesses, organizations, business households and individuals affected by Covid-19 epidemic.
Competence to approve investment policies
Questions and Answers 27/01/2021 21:38VGP – The amended Law on Investment project (the "LOI 2020") dated June 17, 2020 comprises seven chapters, 77 articles and four attached appendices. The law took effect on January 1, 2021 and stipulates competence to approve investment policies.
Requirements for suspension of pension fund and death benefit fund
Questions and Answers 26/01/2021 22:36VGP – The Ministry of Labor, Invalids and Social Affairs (MOLISA) released Official Letter 1511/LDTBXH-BHXH, dated May 4, 2020 to specify conditions for enterprises to suspend contributions to the pension fund and death benefit fund.
Contributing capital, buying shares, buying capital portions of foreign investors
Questions and Answers 30/12/2020 21:53VGP – The National Assembly on June 17 voted to approve the amended Law on Investment project (the "LOI 2020") with 7 chapters, 77 articles and 4 attached appendices.
Foreign workers exempted from health insurance requirement
Questions and Answers 24/12/2020 20:34VGP – Decree 11/2016/ND-CP (Decree 11) on detailed regulations on implementing a number of articles of the labor code regarding foreign workers in Viet Nam stipulates types of foreign workers in Viet Nam.
Business lines subject to conditional business investment
Questions and Answers 15/12/2020 07:30VGP - The National Assembly on June 17 voted to approve the amended Law on Investment project (the "LOI 2020") with 7 chapters, 77 articles and 4 attached appendices.
How do foreign enterprises open bank accounts in VN?
Questions and Answers 21/10/2020 09:04VGP – Banks and foreign bank branches are responsible for instructing their customers on the sequence and procedures for receiving and handling application files for opening payment accounts and place of signing the contract of opening and use of payment account in correspondence with their specific conditions and supply capacity.
Foreign experts with short-term Viet Nam stay exempted from centralized quarantine
Questions and Answers 30/09/2020 17:19VGP – Viet Nam has lifted the 14-day quarantine for foreign experts, investors, managers, and diplomats entering the country for less than 14 days.
Land-use rights for overseas Vietnamese citizens
Questions and Answers 08/07/2020 10:42VGP – Rights and obligations involving land use of overseas Vietnamese who are eligible to own houses in Viet Nam; foreign individuals or overseas Vietnamese who are ineligible to buy houses associated with land use rights in Viet Nam.
Conditions for foreigners to study in universities in VN
Questions and Answers 23/06/2020 10:40VGP – In the past few years, Viet Nam has been chosen as an ideal budget destination by international students over Malaysia, Singapore or Thailand for numerous reasons such as international-standard education, cheap living cost and more incentive policies for foreigners.
Regulations on foreign employees transferring within enterprises
Questions and Answers 17/06/2020 14:06VGP – Foreign employees have been hired for at least 12 months prior to such transfer by the foreign enterprise are allowed to transfer within an enterprise.
14 units eligible for granting foreign language certificates
Questions and Answers 09/06/2020 18:51VGP – Announcement No. 619/TB-QLCL, dated May 8, 2020 of the General Department of Quality Management under the Ministry of Education and Training stipulates the organization of foreign language exams.
Time limit for paying tax and land lease extended
Questions and Answers 03/06/2020 15:53VGP – Decree 41/2020/ND-CP (Decree 41), dated April 8, 2020 extends the deadline for paying tax and land lease.
Regulations on real estate trading for foreign-invested companies
Questions and Answers 27/05/2020 14:49VGP – Foreign invested companies are allowed to buy or rent office building for office purposes not for sale or sublease.
Temporary suspension of labor contracts due to Covid-19 outbreak
Questions and Answers 14/05/2020 13:46VGP – The time of labor suspension is not included in the time of labor contract implementation and will be added to term of labor contract.
Requirements for imports of second hand machines
Questions and Answers 06/05/2020 10:38VGP – Generally, used machinery and equipment can be imported if it is no more than 10 years old.
Working overtime
Questions and Answers 10/04/2020 06:44VGP - The Labor Code 2019 increases the number of overtime working hours for employees which does not exceed 40 hours/month instead of 30 hours/month as stipulated by the Labor Code 2012.
Age of retirement
Questions and Answers 07/04/2020 06:42VGP - The age of retirement for employees in normal working conditions is adjusted according to the roadmap until they reach 62 years of age for the male employees by 2028 and 60 years for the female employees by 2035.
Infographic: COVID-19 prevention tips
Questions and Answers 25/03/2020 10:02VGP - The Ministry of Health has recently issued tips for people to protect themselves from COVID-19 pandemic.
