Termination labour contracts of redundant employees due to organizational restructure in Vietnamese company
In case foreign invested company in Vietnam (FIC) shall have to consider terminating employment of a number of redundant employees due to organizational restructure. Under Vietnam Labour Law, this shall be considered as labour contract termination for the reasons of restructuring of company business. Thus, due to the complicated nature of the work, labour matters […]
Expense for support to settle policy of redundant employees
On January 18, 2013, the Ministry of Finance issued the Circular No. 10/2013/TT-BTC guiding the mechanism of management and use of fund for support of arrangement of enterprises at the parent company in the economic group, State Corporation, parent company in the parent company–subsidiaries conglomerate. Of which, one of the notable content is regulation on […]