Month: April 2020

Laws take effect since 2020

VGP – A number of laws will take effect since 2020, which are expected to make progress in the nation’s socio-economic development.  The Law on Public Investment 2019, coming into force since January 1, 2020, has some new amendments in spheres of the public investment resources,promoting decentralization for localities in deciding public investment projects, vigorously reforming method of planning and enhancing openness and transparency […]

Employees who lose their job due to Covid-19 shall be paid redundancy allowance

Official letter No. 198/LDLD dated March 30th, 2020 of the Confederation of Labour of Ha Noi City regarding guidelines on payment of suspension wage for employees during suspension in relation to the Covid-19 pandemic. This Official letter requests grassroots trade unions to closely monitor enterprises’ payment of wage, redundancy allowance to employees who have to […]

Regarding foreign investor’s purchase of shares in 100% Vietnamese educational company

Official letter No. 3228/BGDDT-HTQT dated July 29th, 2019 of the Ministry of Education and Training regarding foreign investor’s purchase of shares in 100% Vietnamese company operating in education in Vietnam According to Clause 2 Article 5 of Decree No. 86/2018/ND-CP, foreign investors are allowed to contribute capital, purchase shares of 100% Vietnamese schools and schools […]