The employee makes serious mistake cause a damage to the company, how much they have to compensate to the company?
The employee makes serious mistake cause a damage to the company, how much they have to compensate to the company?
Company formation and bank account opening in Vietnam
Company formation and bank account opening in Vietnam
Micro Finance Licence in Vietnam
We are exploring the possibilities to operate a Micro Finance in Vietnam and we are engage a local establishment who is familiar with the licensing process for obtaining a Mirco Financing license.
Mr. Nguyen Thanh Ha attended the launching ceremony of INMERGERS - A pioneering platform to connect international investment
On July 1, INMERGERS – the innovative platform for international investment developed by INMERGERS Joint Stock Company, was launched. According to IMAA (International Mergers and Acquisitions Association) statics, there are approximately 5000 annually successful M&A transactions costing 3.800 billion USD in the world before Covid-19 pandemic. Despite the reduction of 52% total cost in 2020, […]
Pay Day Loans Business in Vietnam
Question: I am interested in the opening Pay Day Loan company in Vietnam issuing loans via Internet. As I heard in this case the company should obtain Pawn Shop license and for foreigner investors it's a problem. So usually, foreigners attract local partners. I have the following questions about doing business in Vietnam: On which […]
The new policies will take effect from July 2022
Increasing the region-based statutory minimum wages paid to employees from On June 12, 2022, the Government issued Decree No. 38/2022/ND-CP prescribing statutory minimum wages paid to employees working under labor contracts. According to Decree, monthly minimum wages is stipulated as follows: For enterprises in Region I, minimum wage is 4.680.000 VND per month; For enterprises […]
APPROVAL OF THE PROJECT “RESTRUCTURING THE SYSTEM OF CREDIT INSTITUTIONS ASSOCIATED WITH BAD DEBT SETTLEMENT IN THE PERIOD OF 2021 – 2025”
On June 08, 2022, The Prime Minister issued Decision No. 689/QD-TTg approving the project “Restructuring the system of credit institutions associated with bad debts settlement in the period of 2021 – 2025” in order to reduce the number of credit institutions and handle weak banks. Specifically, the overall objective of the Project is to create […]
TOWARDS ZERO EMISSIONS TARGET BY 2050
TOWARDS ZERO EMISSIONS TARGET BY 2050 On June 7, 2022, the Prime Minister issued Decision 687/QD-TTg approving the project of developing circular economy in Vietnam. According to the Scheme, the circular economy model sets the goal of supporting the building of a green lifestyle, encouraging waste separation and promoting sustainable consumption. The project has set […]
New decree to beef up real estate transfer
Nguyen Thanh Ha - Chairman of SB Law has gave his opinion on the issue of "New decree to beef up real estate transfer" in The Investor magazine: The real estate market in Vietnam has grown more active after a gloomy period due to pandemic fallouts, boosted by supportive state policies. Real estate investment and […]