New minimum salaries from January 2019
The Government has issued Decree 157/2018/ND-CP dated 16 November on new minimum salaries which will be effective from 1 January 2019, replacing the previous Decree 141/2017.
PwC Legal Vietnam
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PwC Legal (Vietnam) Co., Ltd is a law company established in 2000, and licensed in Vietnam by the Ministry of Justice, with its head office in Ho Chi Minh City and a branch office in Hanoi. As part of the PwC global network, we offers our clients comprehensive legal advisory services alongside the assurance, tax and advisory services provided by our associated PwC offices.
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PwC Legal (Vietnam) Co., Ltd's services allow us to provide an unrivalled level of support to our clients:
- Banking and Financial Services
- Employment and Human Resources
- General Corporate and Commercial Services
- Inward Investor Services
- Legal Compliance/Company Secretarial Services
- Legal Health Checks
- Mergers and Acquisitions
- Real Estate
Legal updates
Representative Office Annual Operations Report
According to Decree 07/2016/ND-CP dated 25 January 2016, representative offices (“ROs”) of foreign companies in Vietnam are required to submit an annual operations report on their activities (“Report”). The Report needs to be submitted to the provincial Department of Industry and Trade before the 30th of January of the following year.
New requirements on self-inspection and reporting on labour law compliance
On 17 October, the Ministry of Labour, War Invalids and Social Affairs issued Circular 17/2018/TT-BLDTBXH regulating self-inspection of labour law compliance by enterprises. Circular 17 will take effect on 1 January 2019.
Changes to labour regulations
The Government has just issued Decree 148/2018/ND-CP dated 24 October to amend Decree 05/2015/ND-CP guiding various labour matters, which will take effect on 15 December.
New rules on business registration
On 23 August, the Government issued Decree 108/2018/ND-CP to amend Decree 78/2015/ND-CP on business registration. Decree 108 will take effect on 10 October. There are some welcome changes and easing of administrative procedures.
Non-competition agreements
Non-competition agreements between employers and employees are relatively common in Vietnam. However, the implementation and enforceability of such agreements has been subject to various uncertainties.
New Law on Competition
The new Law on Competition dated 12 June 2018 replaces the Law on Competition 2004.
