OUR ACTIVITIES
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PROMOTE INTERNATIONAL COOPERATION – SHANGHAI 2018
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Ownership ratio of foreign investor
Vietnam has participated in several world economic organizations with the commitment to open up to foreign investors in Vietnam. Accordingly, enterprises, organizations, foreign individuals viewed Vietnam as a potential investment markets. However, the legal system overlap and inconsistency in many texts also led businesses, foreign individuals encounter when intending to invest in Vietnam. Through this article Kim Huc take out the legal provisions about the ratio of capital ownership in businesses investors when investing in Vietnam. Under the provisions of Article 22 of the Investment Law 2014: Foreign investors may own unlimitedcharter capital in economic organizations, except for the following cases: Ownership of foreign investors at listed companies, public companies, securities trading organizations and securities investment funds in accordance with the law on ... -
The list of investment conditions for foreign investors
1. Publication the list of investment conditions for foreign investors - The provisions of Clause 1, Article 13 of the Government's Decree No. 118/2015 / ND-CP of November 12, 2015 guiding the Investment Law. The Ministry of Planning and Investment has announced the list of investment conditions for foreign investors on the National Information Portal on foreign investment. Website: https://dautunuocngoai.gov.vn - This list is a combination of conditional business lines for foreign investors in accordance with Vietnam's Schedule of Commitments in the World Trade Organization and other laws and ordinances. , decrees, international treaties on investment of Vietnam. - Accordingly, foreign investors are required to meet all investment conditions if they wish to implement investment projects on the list of investment ... -
The insurance premiums for foreign workers in Vietnam in 2018
In 2018 foreign workers in Vietnam will be participating in social insurance. So how are their insurance premiums? What is the maximum limit for participation in health insurance, social insurance of foreign workers? The first, on social insurance: Pursuant to Clause 2, Article 4 of Decision No. 595/QD-BHXH April 14, 2017: "Article 4.- Subjects defined in Article 2 of the Law on Social Insurance and documents guiding the implementation thereof, specifically as follows: 2. Employees being foreign citizens working in Vietnam having work permits or practicing certificates or practicing licenses granted by competent Vietnamese agencies (from January 1, 2018 as regulated by the Government)." Pursuant to Article 5 of Decision No. 595 / QD-BHXH of April 14, 2017 stipulating the social insurance ... -
Legal News – 11 major changes in the Labor Code 2019
It is expected that the new Labor Code which will replace the Labor Code 2012 will be submitted to the National Assembly for approval and come into effect in 2019. The Labor Code has a great impact on every employee, so any change in it will more or less affect their rights and obligations. Here are 11 major changes in the latest Labor Code. 1. Provisions on the authorization to enter into a labor contracts for enterprises with multiple owners This is a group of policies that will help to improve the feasibility in applying provisions on labor contracts, labor discipline - material responsibility, foreign workers in Vietnam, working time – rest time; settlement of labor disputes and other working ... -
What kind of insurance does a foreign worker have to join?
When joining the labor force in Vietnam, there will be the following insurance: + Firstly, on social insurance: Pursuant to the provisions of Clause 2, Article 2 of the Law on Social Insurance 2014, the subjects subject to social insurance shall be prescribed as follows: " 2. Employees being foreign citizens who work in Vietnam and who have work permits or practicing certificates or practicing certificates granted by competent Vietnamese agencies may participate in social insurance. Compulsory in accordance with the regulations of the Government. " Accordingly, the new Social Insurance Law 2014 stipulates that foreign employees are obliged to participate in compulsory social insurance. However, pursuant to Article 124 of the Law on Social Insurance, 2014, on implementation effect: " 1. This Law ...
