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Full compliance with regulations in host countries can reduce bureaucratic processes and penalties, demonstrate a commitment to development, and help establish a positive workplace for employees. One notable point of ongoing compliance when doing business in Vietnam is contributing Social Insurance (SHUI) on monthly basis once the employment is officially engaged via employment contract. Compulsory […]
Strictly controlled by State Bank of Vietnam (SBV), engaging foreign loan require Vietnam party to comply with statutory reporting. Of which, monthly loan report is submitted online via SBV portal. Due date is 5th date of current month for the previous month. HOW TO REGISTER ACCOUNT FOR LOAN REPORTING Step #1 Register account online via […]
Entering the Vietnamese market through company formation or other investment vehicles is a key step for foreign investors. As Vietnam’s economy grows, businesses increasingly require capital, with foreign loans being a common source for operational funding. The State Bank of Vietnam strictly regulates loan disbursement and repayment, including mandatory loan registration for: Medium and long-term […]
Labor contract means an agreement between an employee and an employer on paid work, on wages [salary, remuneration], on working conditions, and on the rights and obligations of each party to the labor relationship. A legal labour contract generally includes four primary components: Employment Salary, wage, or remuneration Management and supervision Employment cost Employment term […]
Full compliance with regulations in host countries can reduce bureaucratic processes and penalties, demonstrate a commitment to development, and help establish a positive workplace for employees. One notable point of ongoing compliance when doing business in Vietnam is contributing Social Insurance (SHUI) on monthly basis once the employment is officially engaged via employment contract. Compulsory […]
Input the presence in Vietnam market by either establishing a company or other investment vehicles is an important step for many foreign investors, and hopefully the beginning of a successful business undertaking. Considering the context of Vietnam’s economic development, the ever-increasing growth of enterprises continues to demand capital to serve their business. Funding through foreign […]