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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 […]
As society moves towards a cashless environment, demand for bank accounts is rising. Account opening requirements and documents differ for individuals and organizations. Recent regulations enhance greater responsibility for financial institutions and clarify application procedures for opening transactional accounts for both individuals and organizations. CHECKLIST OF REQUIRED DOCUMENTS TO OPEN NEW BANK ACCOUNTS Type of […]
Obtaining Work Permit (WP) is an essential step for the enterprise which have foreign labor recruitment. Based on the particular requirement of each position, the enterprise is liable to choose appropriate position/ role and register it with Vietnam authority prior employment. By having Work Permit, the expatriate is allowed to work officially for Vietnam-based enterprise. […]