Human Resources & Payroll

Vietnam Set to Increase Minimum Wages from December 31, 2013


The government last week passed a new decree that will increase minimum wages throughout Vietnam as of December 31, 2013, which will be effective for enterprises, co-operatives, household businesses, foreign companies and international organizations operating in the country.

Personal Income Tax in Vietnam: Tax Exemption, Reduction & Payment


HANOI – As major businesses continue to prioritize investment into Vietnam as a strategy to diversify sourcing options and supplier portfolios outside of China, it is increasingly important to understand not only how businesses are taxed in Vietnam, but also individuals. Continuing our coverage of personal income tax (PIT), this article will examine exemptions, reductions […]

ASEAN’s Rising Minimum Wage Levels: Vietnam


By Alex Tangkilisan HANOI – Several ASEAN countries have raised their minimum wage standards recently to adjust their respective salary levels to the rising costs of living and to provide their citizens with higher purchasing power. However, many businesses and investors have complained that the somewhat drastic wage hikes have hurt the market in terms […]

Vietnam Looks to Relax Foreign Property Ownership Laws


HANOI – Vietnam’s Ministry of Construction has recently proposed to relax its real estate laws in order to allow a greater amount of foreigners and foreign organizations to buy property in the country as part of an effort to reduce real estate inventory. Specifically, the Ministry proposed that organizations such as foreign investment funds, banks, […]

Vietnam Issues New Decrees to Guide Labor Code


The Vietnamese government recently issued five new decrees which are to help guide its Labor Code.

Types of Work Visas for Vietnam in 2022


There are different types of work visa for different types of work in Vietnam. Here’s a quick overview.

New Issue of Vietnam Briefing: Human Resources for Foreigners


In this issue of Vietnam Briefing, we take a look at foreign workers in Vietnam: how to hire, the legal obligations a company bears (including withholding and paying personal income tax and social insurance), and finally a common dilemma – the housing situation.

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