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Difference between Statutory Pay Rate (“SPR”) and Statutory Minimum Wage (“SMW”) in Vietnam

July 12, 2023 | Legal Updates
Difference between Statutory Pay Rate (“SPR”) and Statutory Minimum Wage (“SMW”) in Vietnam

Many people misunderstand between the basic salary (Statutory Pay Rate) and the mandatory minimum wage (Statutory Minimum Wage) in Vietnam, this article helps readers better understand these concepts.

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Statutory Minimum Wages In Vietnam

July 12, 2023 | Legal Updates
Statutory minimum wage

List Of Subregions To Which Statutory Minimum Wages In Vietnam are applied from July 01, 2022 (Enclosed with the Government’s Decree No. 38/2022/ND-CP dated June 12, 2022)

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List Of Appellate Judgments On Intellectual Property Disputes In Viet Nam

June 30, 2023 | Legal Updates
List Of Appellate Judgments On Intellectual Property Disputes In Viet Nam

List Of Appellate Judgments On Intellectual Property Disputes In Viet Nam (Updated To June 2023)

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How to Suspend or Dissolve a FDI Enterprise in Vietnam

How to Suspend or Dissolve a FDI Enterprise in Vietnam

Business ventures do not always go as planned. Whether due to changing circumstances, external factors, or strategic decisions, there may come a time when you need to suspend or permanently close your company in Vietnam. Let’s explore the steps involved.

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How To Set Up a Factory in Vietnam

June 24, 2023 | Guidelines
How To Set Up a Factory in Vietnam

Vietnam is coming to be a desirable location for foreign investors who are seeking the new location to set up a Factory in Asia. The reasons are that Vietnam has a stable political climate, a wealth of natural resources, and cheap and skilled labor

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How To Set Up Retail Stores In Vietnam

June 6, 2023 | Guidelines
Retail store in Vietnam, how to set up?

According to the Law of Vietnam, retail stores means the place where retailing is conducted, such as convenience stores, mini supermarkets, and shopping malls. The foreign-invested companies need to obtain a business license and the retail outlet license before retailing goods in Viet Nam

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How To Start A Restaurant In Vietnam

May 15, 2023 | Guidelines
How to open a restaurant in Vietnam

After being affected by the covid pandemic and global inflation, Vietnam's economy has begun to recover, especially in the food and beverage sector. With the strength of being a domestic and foreign tourist destination, the food service industry is an attractive industry code for foreign investment in the Vietnamese market....

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Decree 24/2023/ND-CP

May 12, 2023 | Legal Updates
Decree 24/2023/ND-CP

Prescribing Statutory Pay Rate For Officials, Public Employees And Armed Forces

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List Of Restricted Sectors In Which Foreign Investment In Vietnam

Restricted business sectors in Vietnam

According to the Law on Investment (“LOI”), the list of restricted sectors details: 25 sectors where market access is not allowed; and 59 sectors where market access is conditional

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Forms Of Investment in Vietnam

Forms Of Investment in Vietnam

Viet Nam is an attractive and safe investment destination in Asia. According to the Law on Investment (“LOI”), foreigners can invest in Vietnam under several forms of investment. The choice of investment vehicle depends on the elements such as the aim of investment in Viet Nam, the number of investors,...

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