Impact of increasing base salary to 2,530,000 vnd on Enterprises from Jul 01 2026

Question: “ How will the increase of the base salary level to 2,530,000 VND/month from July 01, 2026 under Decree 161/2026/ND-CP impact private enterprises, especially entities having contracts for provision of services to the public sector or having wage scales/tables referenced to the base salary?”   Answer: Although the direct subject of regulation of the […]

SB LAW SIGNS STRATEGIC COOPERATION AGREEMENT WITH CENTER FOR DIGITAL ASSET RIGHTS AND SOLUTIONS: ELEVATING IP PROTECTION IN THE DIGITAL AG

On July 9, 2026, in Hanoi, the Center for Digital Asset Rights and Solutions (RDAS), in collaboration with the VNA Digital Content & Media Center (TTXVN), the Intellectual Property & Creativity Magazine, and TOP Media, successfully organized the Launch Ceremony of L.E.C.O.C.E Digital Infrastructure – an integrated platform for intellectual property rights, data, and asset […]

Legal Consequences of Failing to Conduct Mandatory Periodic Health Check-ups

Question: What administrative penalties will an enterprise face if it fails to organize periodic health check-ups for employees? Answer: When an enterprise fails to fulfill its obligation to organize periodic health check-ups for employees, direct financial risks will arise in the form of administrative monetary fines in accordance with Decree 12/2022/ND-CP. Specifically, the penalty framework […]

Vietnam business set up

To set up an entity in Vietnam, client is advised to comprehensively understand about the formality and function of entity that going to be formed

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