Legal Advice on Vocational Training: Is an Annual General Meeting of the General Meeting of Shareholders Required After an Extraordinary General Meeting of Shareholders Has Been Held?
Question: Our company has held an Extraordinary General Meeting of Shareholders to approve amendments to the Enterprise Registration Certificate and an increase in charter capital. Can this meeting be considered the Annual General Meeting of Shareholders? If not, is the company required to hold an additional Annual General Meeting of Shareholders? Answer: Under […]
Is a Joint Stock Company Required to Have a Board of Supervisors?
Question 3: Is a Joint Stock Company Required to Have a Board of Supervisors? Question I am planning to establish a joint stock company. Under the current regulations, is a joint stock company required to establish a Board of Supervisors? If the company does not establish a Board of Supervisors, will this constitute a […]
What Procedures Must an Enterprise Follow When Reducing Its Workforce Due to Restructuring?
Question What procedures must an enterprise follow when terminating employment contracts with employees due to changes in organizational structure, technology, or economic reasons? Answer Pursuant to Article 42 of the Labor Code 2019, an enterprise may terminate employment contracts with employees in cases of changes in organizational structure, technology, or for economic reasons. However, […]
How is Overtime Pay Calculated and What Is the Maximum Permissible Overtime Working Time?
Our company frequently has a need for employees to work overtime. I would like to know how overtime pay is calculated? Can an employer require employees to work overtime, and what is the maximum permissible overtime working time? Answer: Pursuant to Article 98 of the 2019 Labor Code, employees working overtime are entitled […]
How Long May an Employer Require an Employee to Serve a Probationary Period? Are There Any Penalties for Exceeding the Statutory Probation Period?
Question Our company currently applies a two-month probationary period to all positions, including administrative staff, security guards, and janitorial personnel. Is this practice compliant with Vietnamese labor law? If the probationary period exceeds the statutory limit, can the company be subject to administrative penalties? Answer Under Article 25 of the 2019 Labor Code, the probationary […]
Collaboration with universities to support student entrepreneurship: intellectual property rights and benefit-sharing
Question: Our company is a technology enterprise currently intending to provide funding and assign experts as mentors for student startup projects at several universities. We are highly concerned about protecting intellectual property (IP) rights for the technological products created, as well as the mechanism for sharing commercial benefits in the future. Are there any specific […]
Can Enterprises organize Legal dissemination for Employees via Online methods?
Question: “My company has multiple branches in different provinces and cities, so organizing concentrated legal dissemination sessions faces many difficulties, consumes time, and incurs high costs. Currently, the company wants to switch to organizing training and legal dissemination through online platforms or internal training systems. May I ask whether implementation via this method complies with […]
Can the company unilaterally terminate the employment contract with an employee who consistently fails to meet performance targets and receives negative customer feedback?
Question: “My company recruited an employee for a sales position, however during the work process, this employee often failed to complete targets and received negative feedback from customers. In this case, does the company have the right to unilaterally terminate the employment contract with this employee?” Answer: According to Point a, Clause 1, Article […]
Impact of increasing base salary to 2,530,000 vnd on Enterprises from Jul 01 2026
Question: “ How will the increase of the base salary level to 2,530,000 VND/month from July 01, 2026 under Decree 161/2026/ND-CP impact private enterprises, especially entities having contracts for provision of services to the public sector or having wage scales/tables referenced to the base salary?” Answer: Although the direct subject of regulation of the […]