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Understanding Labor Contracts and Compliance in Vietnam

 Navigating Labor Contracts and Compliance in Vietnam: A Legal Guide for Businesses Vietnam's dynamic economic growth and increasing appeal to foreign investors necessitate a thorough understanding of its labor laws. For businesses, particularly foreign enterprises, deep diving into labor contracts and stringent compliance is crucial for stable operations and risk mitigation. ➡️ Understand key legal frameworks like Labor Code 2019. ➡️ Differentiate between various labor contract types. ➡️ Learn essential compliance obligations for businesses. ➡️ Uphold crucial employee rights as per Vietnamese law.  The Legal Framework: The Backbone of Labor Relations in Vietnam The Labor Code 2019 , which took effect on January 1, 2021, serves as the principal legislation governing employment relationships in Vietnam. It meticulously outlines the rights, obligations, and responsibilities of both employers a...

Establishing a Wholly Foreign-Owned Enterprise in Vietnam

Navigating Business Scope and Conditional Sectors for FDI

Understanding Registered Capital Requirements for FDI