Employment Background Check in Vietnam

Vietnam is one of the fastest-growing countries in Southeast Asia, known for its large skilled and educated workforce. With 56 million working individuals, the labor participation rate in Vietnam ranked 76.6% in 2019. Besides the workforce in Vietnam, the country is also known for its ease of doing business, developing infrastructure, government policies that help businesses to flourish, and […]

Benefits and Compensation in Vietnam

Vietnam is an economy known to have many skilled and educated employees who provide services in several industries. Attracting the most suitable employees comes with providing a compensation package in Vietnam that is all-inclusive of mandatory, fringe, and monetary benefits.  Although monetary compensation is crucial for employees in Vietnam, employers commonly provide employee benefits that […]

Sole Proprietorship in Vietnam

Vietnam is a country that had a major economic reform that enabled businesses across the globe to establish and grow their operations in the economy. The economic reforms made by the Vietnamese policymakers have made the economy an attractive country for several businesses to expand.  This is due to the reasons that include —  The […]

Employment Act and Labor Laws in Vietnam

When looking at hiring and employing in Vietnam, businesses must comply with several employment-related rules and regulations. Vietnam’s principal employment law is the Employment Act. With a few exceptions, it establishes the fundamental terms and conditions of employment for all categories of employees.  The primary law regulating employment relationships in Vietnam is the Labor Code […]

Starting a Business in Vietnam

Vietnam is an economy known for being a business-friendly country, has a high-quality workforce, an appealing tax regime, efficient and well-maintained transit infrastructure, public safety, and a well-functioning justice system. Vietnam shifted to a market-oriented economy with the Doi Moi policy in the late 1980s, making it one of the fastest-growing economies in Asia. The […]

Decree 152

What is Decree 152? Vietnam’s new Labor Code (the Labor Law 2019) came into effect on January 1, 2021. They introduced several what appeared to be more subtle changes to previous labor laws as applicable to foreign employees.  To implement the new Labor Law, the authorities in Vietnam released two Decrees – Decree 145 (145/2020/ND-CP) […]

Hire & Employ Talent Compliantly In Vietnam

Doing Business with a Vietnam PEO/EOR Vietnam is a developing country and is one of the fastest-growing economies of the 21st century. As per reports from the General Statistics Office of Vietnam (GSO), the Vietnamese economic growth remained strong even after a global recession of 2008, holding at 6.8% in 2010, making Vietnam Asia’s fastest-growing […]

Subsidiaries in Vietnam

Vietnam has one of the fastest-growing economies globally as it is a strategic place for many foreign entrepreneurs to invest and expand their businesses. The economy is known for its relatively cheap but highly-qualified population and an appealing tax regime, attracting business people worldwide to set up a company.  Therefore setting up a subsidiary in […]

Work Permit in Vietnam

Why is Work Permit Needed? A work visa is an ethical and secure way of relocating for employment. Work visas are a form of protection for the employee, employer, and the nation; they guarantee and prove the legitimacy of staying in the country. Vietnam is famous for its strict laws concerning foreign workers. Therefore, to […]