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 […]

MINING & QUARYING

GDP From Mining in Vietnam increased to 235921 VND Billion in the third quarter of 2016 from 148434 VND Billion in the second quarter of

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MANUFACTURING

With slowing economic growth and rising labor costs encroaching on the profitability of traditional Chinese manufacturing operations, Vietnam has a emerged as a destination of

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INFORMATION & COMMUNICATION

1. Overview Since the “Doi Moi” or Renovation were introduced in 1986, the Information and Communications sector has quickly affirmed its position in the soci-economic

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ELECTRICITY, GAS, STREAM

Vietnam is endowed with abundant natural energy resources, including crude oil, coal, hydropower, goethermics, bio-enery and solar energy, and nuclear energy is planned for the

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CONSTRUCTION & ARCHITECTURE

The need for infrastructure development of an emerging economy has driven up the demand in the construction market over the last two decades, especially in

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OPEN BUSINESS ENVIRONMENT

By adopting Economic and Politic reforms called 'Doi Moi' and 'renovation', from one of the poorest country with per capita income around USD100 in 1986,

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NATURAL RESOURCE

Since it began offshore oil exploration in the 1970s, Vietnam has become a net exporter of crude oil, while gas and petroleum reserves, coal reserves,

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SUPPORTIVE GOVERNMENT POLICY

Attracting foreign direct investment (FDI) has always been a key part of Vietnam’s external economic affairs. Vietnam already has many comparative advantages and a strong

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