Consultation on Terminating an Indefinite-term Labor Contract by Mutual Agreement

Question: My company has an employee working under an indefinite-term labor contract. This employee has submitted a resignation and, according to the law, must provide at least 45 days' prior notice. However, both the company and the employee wish to terminate the contract immediately without waiting for the full notice period. Is this legally permissible? […]

Tax Filing Consultation

Question: My company made an incorrect tax declaration but immediately submitted an amended declaration and paid the tax afterward. Do we have to bear any liability or be subject to any penalty? Answer: Clause 3, Article 9 of Decree No. 125/2020/ND-CP, as amended by Clause 7, Article 1 of Decree No. 310/2025/ND-CP, provides for cases […]

Consultation on Value-Added Tax (VAT) Refund

Question: What conditions must my company meet in order to obtain a value-added tax (VAT) refund? Answer: According to Article 37 of Decree No. 181/2025/NĐ-CP, the conditions for VAT refund applicable from 1 July 2025 are as follows: The enterprise must declare VAT under the credit (deduction) method, and maintain accounting books and documents in […]

Is Fining Employees for Late Arrival Lawful under Vietnamese Labor Law?

Question: I am working for a company that imposes a penalty of 500,000 VND each time an employee arrives late. Is this regulation lawful, or does it violate labor laws? I hope to receive clarification from a lawyer. Answer: Pursuant to Article 128 of the Labor Code: “Article 128. Prohibited acts when handling labor discipline […]

Unlawful Unilateral Termination of a Fixed-Term Labor Contract: Employee Rights and Remedies

Currently, I am an employee working at Company X under a fixed-term labor contract with a duration of 02 years. However, yesterday, the Company suddenly notified me of the termination of my employment contract without providing any specific reason and without giving prior notice as required by law. This has caused me great confusion and […]

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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ECONOMIC STRENGTH

Vietnam remains one of the fastest-growing Asian economies with high GDP growth in recent years, based on the power of FDI & the private sector.

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TAXATION & CUSTOMS

D.1 Corporate Income Tax (CIT) CIT rates One uniform income tax regime is applied to both foreign-owned and domestic companies.  Taxpayers are subject to tax

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