Vietnam Briefing News

Vietnam Approves Labor Code for 2021

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Vietnam’s National Assembly amended and approved its labor code for 2021. Vietnam Briefing highlights key provisions and the impact on employers in Vietnam.

Vietnam’s National Assembly Approves 2012 Salary Increases

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Nov. 15 – On November 10, the Vietnamese National Assembly approved VND59.3 trillion (US$2.83 billion) in salary increases starting from May 1, 2012. Under the recent resolution, minimum salaries for state employees will be increased to VND1.05 million (US$51) per month. The current minimum wage for state employees is VND830,000 (US$40), established by Decree No. […]

Corporate Income Tax Delayed One Year For Labor-Intensive Enterprises

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Decision 54/2011/QD-TT inked by the Prime Minister agrees to extend corporate income tax payments in 2011 for labor-intensive companies as well as select co-operatives.

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