2018

Decree 05/2015/ND-CP providing guidelines for the Labor Code has helped enterprises/organizations overcome a great number of difficulties and obstacles in the application of the Labor Code 2012. However, after three years of implementation, the Decree has revealed some shortcomings to be corrected. Aiming to minimize difficulties for both enterprises and organizations in their employment, and also to enhance agreement capacity of both employees and employees in employment contract conclusion, the Government issued Decree 148/2018/ND-CP, which amends and supplements some articles of Decree 05. In this volume, NHQuang&Associates will provide our comments on the remarkable new provisions of this legal document.

Arguing the issues involving social insurance payment for foreigners working in Viet Nam, from 2017, in the annual Vietnam Business Forum, a number of foreign-invested enterprises shared that compulsory payment of social insurance for this employee group would raise employers’ costs, including enterprises in general and recruiters in particular, and reduce Viet Nam’s attractiveness as an investment destination. In 2018, on giving comments for proposed reforms to social insurance policies in the Central Summit 7, several opinions claimed that such reforms are not yet relevant and request further consideration for harmony with the general economic development interests. In this Volume 11/2018, we shall provide you some comments on the new policies and regulations in social insurance for your diversified perspectives of this issue.

On August 23, 2018, the Government issued Decree No. 108/2018/ND-CP on amendments to some articles of the Government’s Decree No. 78/2015/ND-CP on enterprise registration (“Decree 108”).

On July 27, 2018, the Ministry of Finance announced the Draft Law on Tax Administration (“Draft Law/Draft”) with the goal of unified, public, transparent, simple tax administration and easy to understand and easy to implement of tax administration. The Draft Law with new regulations compared to the current Tax Administration Law will have a significant impact on individuals and organizations in ensuring the implementation of tax rights and obligations.

Some comments on Competition Law 2018.