IS IT NECESSARY TO SIGN NEW EMPLOYMENT CONTRACTS AFTER A CORPORATE MERGER?
Question After a company is merged or consolidated with another company, do the existing employment contracts remain valid, or must the successor company sign new employment contracts with its employees? Answer Under the Vietnamese Labor Code 2019, a merger or consolidation of enterprises does not automatically terminate existing employment contracts. The successor employer is responsible […]
DOES APPLYING THE SPECIAL INVESTMENT PROCEDURE AUTOMATICALLY QUALIFY A PROJECT FOR SPECIAL INVESTMENT INCENTIVES?
Question What is the special investment procedure under the Law on Investment 2025? Is a project implemented under this procedure automatically entitled to special investment incentives? Answer The Law on Investment 2025 introduces the special investment procedure under Article 28 to simplify the process of implementing investment projects. However, many investors confuse the special investment […]
IS AN EMPLOYER REQUIRED TO WITHHOLD 10% PERSONAL INCOME TAX WHEN PAYING SALARY AFTER AN EMPLOYEE HAS LEFT THE COMPANY?
Question: Is an employer required to withhold 10% personal income tax (PIT) when paying salary to an employee after the employment contract has been terminated? Answer Under Clause 2, Article 50 of Decree No. 253/2026/ND-CP, where an employer pays salary, wages, or other income to an employee after the employment contract has been terminated, the […]
WHAT PROCEDURES MUST AN EMPLOYER FOLLOW WHEN REDUCING ITS WORKFORCE DUE TO CORPORATE RESTRUCTURING?
Question What procedures must an employer follow when terminating employment contracts due to organizational restructuring, technological changes, or economic reasons? Answer Under Article 42 of the Labor Code 2019, an employer may terminate employment contracts in cases of organizational restructuring, technological changes, or economic reasons. However, such termination is only lawful if the employer fully […]
Is It Necessary to Sign New Employment Contracts After a Corporate Merger?
Question After a company is merged or consolidated with another company, do the existing employment contracts remain valid, or must the successor company sign new employment contracts with its employees? Answer Under the Vietnamese Labor Code 2019, a merger or consolidation of enterprises does not automatically terminate existing employment contracts. The successor employer […]
Does Applying the Special Investment Procedure Automatically Qualify a Project for Special Investment Incentives?
Question What is the special investment procedure under the Law on Investment 2025? Is a project implemented under this procedure automatically entitled to special investment incentives? Answer The Law on Investment 2025 introduces the special investment procedure under Article 28 to simplify the process of implementing investment projects. However, many investors confuse the special […]
Is an Employer Required to Withhold 10% Personal Income Tax When Paying Salary After an Employee Has Left the Company?
Question: Is an employer required to withhold 10% personal income tax (PIT) when paying salary to an employee after the employment contract has been terminated? Answer: Under Clause 2, Article 50 of Decree No. 253/2026/ND-CP, where an employer pays salary, wages, or other income to an employee after the employment contract has been […]
What Procedures Must an Employer Follow When Reducing Its Workforce Due to Corporate Restructuring?
Question: What procedures must an employer follow when terminating employment contracts due to organizational restructuring, technological changes, or economic reasons? Answer: Under Article 42 of the Labor Code 2019, an employer may terminate employment contracts in cases of organizational restructuring, technological changes, or economic reasons. However, such termination is only lawful if the employer […]
Analysis of new regulations on administrative procedures in Commercial Arbitration Sector pursuant to Decision 1241/QD-BTP
Question: I am an enterprise owner who regularly enters into commercial contracts with partners. Our contracts normally prioritize the use of dispute resolution clauses by arbitration. Please advise us on the latest administrative procedures recently amended by the Ministry of Justice, the legal risks if contracts incorrectly refer to arbitration institutions’ information, and the review […]