New regulation on the rate of contribution to the occupational accident and disease insurance fund.
On 27 May 2020, the Government issued the Decree No. 58/2020/ND-CP on the rate of contribution to the occupational accident and disease insurance fund. Accordingly, enterprises shall be entitled to rate of contribution lower than normal rate of contribution to the occupational accident and disease insurance fund (0.5% salary for accounting compulsory social insurance instead […]
Proposal to reduce the compulsory social insurance premium for enterprises
On 27 May 2020, the Government issued the Decree No. 58/2020/ND-CP on the rate of contribution to the occupational accident and disease insurance fund. Accordingly, enterprises shall be entitled to rate of contribution lower than normal rate of contribution to the occupational accident and disease insurance fund (0.5% salary for accounting compulsory social insurance instead […]
Company Incorporation and License Application for fintech in Vietnam
Question: We are looking to set up a Fintech for personal loan in Vietnam. We would like to incorporate a company as well as licensing application to start a Fintech business with the help of your esteemed company. Please kindly advise how do we proceed as well as your charges for all required legal works. Looking […]
Enquiry for labor consultation in Vietnam
Question: Hi! I am an independent adviser on employment and labour laws in India. Since I’m getting queries regarding employment laws in Vietnam, I want to connect with a lawyer/ consultant in Vietnam for cost effective answers to questions on Employment/ Labour laws in your country/state. If interested, please provide me your quote for answering questions/consultation on […]
Decree 52/2020/ND-CP on investment in construction and business of golf courses
On 27 April, 2020, the Government issued Decree 52/2020/ND-CP regulating on investment in construction and business of golf courses. Accordingly, the Decree specifies the principles and conditions for golf course construction and business along with the prohibited behaviors in this activity. Particularly, there are noticeable conditions and regulations for organizations and individuals who are intending […]
Decision No 13/2020/QD-TTg on mechanism for encouragement of development of solar power in Vietnam
On 06th April, 2020, The Prime Minister issued Decision No 13/2020/QD-TTg on mechanism for encouragement of development of solar power in Vietnam. The decision specifically regulated two projects: Grid-connected solar power and rooftop solar power system. Accordingly, use of power purchase agreement for grid-connected solar power energy projects shall be compulsory in electricity trading between […]
Investment in construction and business of golf courses in Vietnam
On 27 April, 2020, the Government issued Decree 52/2020/ND-CP regulating on investment in construction and business of golf courses. Accordingly, the Decree specifies the principles and conditions for golf course construction and business along with the prohibited behaviors in this activity. Particularly, there are noticeable conditions and regulations for organizations and individuals who are intending […]
Nominee services in Vietnam
Question: I am writing to you regarding a nominee service in Vietnam. We are looking to appoint nominee shareholder and a second legal representative. Kindly advise if you provide such services and advise regarding the fees. Answer: I am Lawyer of SB Law. I was entrusted to provide you information about our nominee second legal representative and […]
Regulation on coordination in resolution of International investment disputes in Vietnam
On April 08, 2020, The Prime Minister has signed Decision No 14/2020/QD-TTg on Promulgation of Regulation on coordination in Resolution of international investment disputes. Accordingly, international investment disputes are disputes arising from foreign investors' lawsuits against the Government, the State of Vietnam or State agencies or organizations authorized by State agencies to perform their functions […]