Laws in Vietnam

  After assessment and approval of the first vaccine protecting against Covid-19 to be delivered in Vietnam, the Ministry of Health issues the Decision No. 1210/QD-BYT , approving the Plan to receive, preserve, allocate and use COVID-19 vaccines secured through the COVAX Facility for the 2021-2022 period. In this Plan, the recommended vaccine delivery schedule in 2021 is informed. This schedule is shown in the Appendix I to the Decision No. 1210 as follows: 1. 1 st Quarter/2021: - Quantity:  Approximately 1.2 million of doses for about 600,000 persons. - Beneficiaries: No. Prioritized population Estimated number of persons Vaccination rate Number of recipients 1 Health workers 500,000 0.95 475,000 2 Staff engaged in disease prevention and control activities 116,000 0.95 110,200 Total 616,000 ...

  Currently, the State has licensed Covid-19 vaccines for use within the territory of Vietnam. Because of wishing to urgently vaccinate their employees, many enterprises have imported Covid-19 vaccines at their discretion for their own use. However, is this allowed?   The Resolution No. 21/NQ-CP , issued on February 26, 2021, regulates the purchase and use of COVID-19 vaccines.   As per regulations laid down in clause 7 of Article 4 in this Resolution, the State encourages competent entities to organize voluntary vaccination if they have demands and can pay for vaccination at their own expense.   Organizations, units and enterprises are allowed to use funds within the recurrent expenditure estimates covered by the law on state budget or operating funding sources as prescribed by laws or operating expenditures prescribed by laws or recorded as deductible expenses for determination of taxable income according to the corporate income tax law, in order to vaccinate...

    When 2020’s final months are drawing on, it's high time for company’s accountants to be informed on time of new regulations on the schedule of submission of tax returns in the next year to update them on this schedule, ensuring that their tasks are completed and helping enterprises duly discharge and fulfill their obligations to file tax returns.      Below is the schedule of submission of tax returns in 2021. Month Deadline Types Legal bases Jan. 20/01 - Forms of declaration of VAT arising in Dec., 2020 - Forms of declaration of VAT arising in Dec., 2020 (if any) Point a of clause 1 of Article 44 of 2019 Law on Tax Administration - Reports on use of invoices arising in Dec., 2020 Article 27 in Circular No. 39/2014/TT-BTC 30/1 ...

  Most people still feel confused about these two definitions. After reading this article, readers may find significant differences between wage/salary and income of a person.   Both wage/salary and income are earned by the provision of labor. So, let's see regulations of the 2012 Labor Code currently in force regarding the compensation package that a worker or employee can receive by providing his/her labor:       “Article 90. Wage/salary        1. Wage/salary refers to a sum of money that an employer pays a worker or employee for an agreed-upon work.        Wage/salary includes the work or title-based pay rate, allowances and other supplemental benefit package.        …”   Therefore, whenever a labor relationship between 2 persons, including 1 employers and 1 employee arises, wage/salary will be deemed as a sum of money “swapped” for an employee’s labor and paid by an employer...

On June 17, 2020, in the XIV th National Assembly’s 9 th meeting, the 2020 Law on Enterprises was passed and is about to take effect on January 1, 2021 as a substitute for the 2012 Law on Enterprises. Below are several significant innovations in the new Law that you should take into consideration. Firstly, notification of sample corporate stamps: The existing regulation prescribes that, before use of corporate stamps, enterprises are obligated to inform business registries of sample corporate stamps so that they are publicly posted on the National Corporate Registration Portal. The newly-adopted Law eliminates this regulation when not requiring enterprises to inform business registries of this. Secondly, business households: The regulation on transformation of household businesses into enterprises will be no longer valid. Concurrently, in order to ensure continuity till a new and separate Law on household business comes into existence, the Government may be authorize...

Below are detailed instructions about procedures for extension of temporary residence for foreigners who wish to continue to stay in Vietnam after end of their permitted temporary residence duration. There are a lot of reasons why foreigners wish to extend their temporary stay in Vietnam, including reasons related to their work, families, unexpected events, or even keeping themselves away from Covid-19 disease. *The following chart delineates procedures for extension of temporary residence for foreigners: Discussion matters Application procedures for decision on extension of temporary residence for foreigners Cases subject to regulations laid down in Article 35 of the 2014 Law on Entry and Exit Cases subject to Article 5 of the Circular No. 04/2016/TT-BNG 1 Requirements for grant of permission for extension of temporary residence -  Any foreigner who is temporarily residing in Vietn...

In the context of the increasing number of infected and suspected cases, Vietnam has reported thousands of employees are quarantined due to suspected infection with corona virus. With a view to protecting them, what are benefits that they are granted if they are quarantined? 1. They are allowed to take paid leave due to quarantine This is an issue that has recently attracted a lot of attention. If you are quarantined due to this infectious disease, don't worry that you will receive wages or salaries as usual. According to provisions laid down in clause 1 of Article 98 in the 2012 Labor Code , in case where objective causes such as natural disasters, conflagration, fatal diseases or hostility (through no fault of an employee) are defined, such employee will be paid wages or salaries when on leave. Rate of wage and salary paid to an employee on leave will be agreed upon between that employee and the payer provided that such rate is not less than the region-specifi...