Consultation on Overtime Work

 Question: I would like to ask how overtime wages for employees are calculated. What is the maximum allowable overtime working time for employees? Answer: According to Article 98 of the 2019 Labor Code, it is provided that: “Overtime pay and night work pay 1.Employees working overtime shall be paid based on the unit wage or […]

Retention Period for Labor Records under Vietnamese Law

Question: Under Vietnamese law, how long is an enterprise required to retain labor-related documents (such as labor contracts, payroll records, personnel files, etc.)? Are there different retention periods for different types of documents? Answer: Regarding the retention period for labor documents, after reviewing the current legal regulations, SB Law clarifies the applicable timelines as follows: […]

Consultancy on Employment Contracts for Foreign Employees

Question: From what I understand, in Vietnam, the third fixed-term contract should transition into an open-ended contract. However, I’m not sure if this applies to foreigners as well. Answer:   In accordance with Article 151.2 of the Labor Code 2019, the duration of a labor contract for a foreign employee must not exceed the validity […]

LEGAL CONSEQUENCES OF AGREEING ON A FIXED-TERM LABOR CONTRACT EXCEEDING 36 MONTHS

Question: Our company is currently reviewing personnel records in order to proceed with the termination of certain 2-year fixed-term labor contracts that are approaching their expiry date, as the company no longer has a need to continue employing these workers. However, during the review process, we identified two cases in which employees had signed fixed-term […]

Consultation on the Procedures for handling violations of labor regulations

Question: My company is adjusting the process of handling violations of labor regulations, including applying a number of document templates as follows: 1.Coaching form: For light violations, a verbal warning is required. 2.Warning Letter: For medium level violations, a written warning is applie 3. Performance Improvement Plan: For more serious violations, apply demotion or delay […]

Procedures of investment in Vietnam

Procedures of investment in Vietnam

Procedures of registering Investment in Vietnam applicable to domestic investment projects 1. For domestic investment projects capitalized at under VND 15 billion each and falling outside the list of

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Investment preferences

Investment preferences

Subjects and conditions of investment preferences in Vietnam 1. Investors having investment projects in the domains or geographical areas entitled to investment preferences provided for in Articles 27 and

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Investment domains and geographical areas

Investment domains and geographical areas

Domains entitled to investment preferences in Vietnam 1. Production of new materials or new materials or new energy; manufacture of hi-tech products, bio-technology or information technology; mechanical

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Patent Examination Procedure

Patent Examination Procedure

Applicants should be aware of the examination process a patent going through the National Office of Intellectual Property of Viet Nam (NOIP). This process is begun

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Patent registration through PCT

Patent registration through PCT

1. The agency competent to receive international patent applications in Vietnam is the NOIP. The NOIP shall: a/ Receive international applications originating in Vietnam; b/

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