REGULATIONS ON SALARY, BONUSES, ALLOWANCES, AND COLLECTIVE LABOR AGREEMENTS: IS IT MANDATORY FOR BUSINESSES TO ISSUE THEM?
Question: Our company is wondering whether it is mandatory to issue regulations on salary, bonus, allowances, and the Collective Labor Agreement (CLA). If we do not implement these regulations, what legal risks might we face? Answer: Collective Labor Agreement (CLA) – Is It a Mandatory Document? According to Clause 1, Article 75 of the 2019 […]
WHAT SHOULD BE DONE TO RECEIVE UNEMPLOYMENT BENEFITS WHEN EMPLOYMENT IS SUSPENDED?
Question: If my unemployment allowance has been suspended, what must I do to resume receiving that allowance? Answer: Pursuant to Article 18 of Decree No. 374/2025/ND-CP, the continuation of unemployment allowance is regulated as follows: “An employee whose receipt of unemployment allowance has been suspended shall, provided that the remaining entitlement period still exists and […]
IS AN EMPLOYER REQUIRED TO INCREASE EMPLOYEES' SALARIES ANNUALLY?
Question: Do I have to increase salaries for employees every year? Answer: Based on Clause 6, Article 3 of Circular 10/2020/TT-BLĐTBXH, it stipulates that: “Main contents of the labor contract ... Regime for promotion and salary increase: according to the agreement of both parties on conditions, time, salary level after promotion, salary increase or implementation […]
IS OVERTIME PAY SUBJECT TO PERSONAL INCOME TAX?
Question: I plan to work overtime during the Tet Nguyen Dan 2026 holiday, will the salary for those days be subject to personal income tax? Answer: Based on the provisions in Clause 8, Article 4 of the Personal Income Tax Law 2025, there are specific regulations on income exempt from personal income tax as follows: […]
CAN THE INTEREST RATE BE NEGOTIATED WHEN BORROWING FROM A BANK?
Question: I want to borrow money from the bank, can I negotiate the interest rate? Answer: Based on Article 13 of Circular 39/2016/TT-NHNN, amended and supplemented by Clause 4 of Article 1 of Circular 06/2023/TT-NHNN, it stipulates: “Lending Interest Rates Credit institutions and customers shall agree on lending interest rates based on market capital supply […]
CONDITIONS, DOSSIER, AND PROCEDURES FOR BORROWING SUPPORT LOANS FOR JOB CREATION APPLICABLE TO YOUNG PERSONS WHO HAVE COMPLETED MILITARY SERVICE
Question: "I am a young person who has just completed military service and I wish to borrow funds from the Vietnam Bank for Social Policies to create self-employment or open a small business establishment. To receive a support loan, what conditions must I satisfy, what is the maximum loan amount and loan term, how is […]
LEGAL REGULATIONS ON THE OBLIGATION AND PENALTIES FOR VIOLATIONS REGARDING TEMPORARY RESIDENCE REGISTRATION
Question: Recently, the police have frequently conducted sudden inspections of temporary residence at rental areas. I am currently renting a room for living and working, having stayed for about 3 months but the landlord has not carried out the temporary residence registration for me. May I ask, in this case, is the temporary residence registration […]
CONDITIONS, DOSSIER, AND PROCEDURES FOR THE GRANT, AMENDMENT, AND REVOCATION OF THE LICENSE FOR PROVIDING SERVICES OF ORGANIZING A MARKET FOR TRADING CRYPTO ASSETS
Question: "I am considering participating in the pilot program for the crypto asset market in Vietnam by establishing or contributing capital to an enterprise providing services of organizing a market for trading crypto assets. I would like to know which administrative procedures the Ministry of Finance has currently published and from what time enterprises may […]
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