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On March 24, 2021, the Prime Minister of Vietnam issued Decision No. 12/2021/QD-TTg issuing regulations on oil spill response (Decision 12). Decision 12 will take effect on May 10, 2021,...

Vietnam's banking system is a multifaceted structure including banks, non-bank credit institutions, micro financial institutions, ...

Eliminate the provision that trained employees must have a higher social insurance contribution rate than untrained employees in Vietnam...

Amongst other changes, Decree 73 imposes restrictions, in certain circumstances, on the amount of risk and premium that can be transferred by insurers operating in Vietnam to their reinsurers...

In light of difficulties caused by the 4th wave of COVID-19 the government issued Resolution 116 with financial support packages for employees and employers.

From 1 July 2017, Vietnam's common based minimum salary will increase from VND 1,210,000 to VND 1,300,000 per month, write TMF Group experts.

Recently, the Ministry of Labor, War Invalids and Social Affairs of Vietnam has proposed that the labor contract with a term of one month or more will be subject to unemployment insurance in Vietnam.