Is an employee who resigns without prior notice required to pay compensation?

Question: I signed a 02-year definite-term labor contract, but I currently want to resign immediately without giving prior notice to the company. Am I required to pay compensation?.  Answer: Pursuant to Article 35 of the 2019 Labor Code, an employee has the right to unilaterally terminate a labor contract, provided that the statutory notice period […]

LEGAL REGULATIONS ON THE LICENSING PROCEDURE FOR FOREIGN INVESTORS

Question: I have read several articles stating that under the Law on Investment 2025, foreign investors are now allowed to apply for an Enterprise Registration Certificate first without necessarily obtaining an Investment Registration Certificate. Is that correct?   Answer According to the Law on Investment 2025, foreign investors are permitted to establish an economic organization […]

Procedures For Changing The Legal Representative

Our company is a multiple-member limited liability company and is now planning to carry out the procedures to change its legal representative. Please advise what documents need to be prepared, the steps to be taken, the order of procedures, and the statutory processing time under current regulations. Answer: At the request of the Client, we […]

Identification Of Beneficial Owner For A Single-Member Limited Liability Company

I intend to establish a Single-Member Limited Liability Company, in which I will be the sole owner holding 100% of the charter capital and directly managing the company’s operations. Under the new regulations on enterprise registration, enterprises are required to record information on their beneficial owner(s). In my case, how will the beneficial owner be […]

The Vietnam Tendering Law 2005

This Vietnam Tendering Law 2005 regulates tendering activities in order to select contractors for provision of consultancy services, for procurement of goods, and for construction

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The Vietnam Accounting Law 2003

This Vietnam Accounting Law 2003 governs the principles, objects and definitions of accounting, conduct, organizational structure, profession and the State control of accounting. This Vietnam

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The Vietnam Investment Law 2005

This Vietnam Investment Law 2005 regulates investment activities for business purposes; the rights and obligations of investors; the guarantee of lawful rights and interests of

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The Vietnam Enterprise Law 2005

This The Vietnamese Enterprise Law 2005 sets forth provisions on the establishment, organizational management and operation of limited liability company, share-holding company, partnership and sole

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