Phuoc & Partners Vietnam International Law Firm

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Phuoc & Partners Attorneys At Law

Legal Update Newsletter May 2010

Our Part I of this Legal Newsletter is a legal article recently published in the Thoi Bao Kinh Te Sai Gon named “Right of lockout” written by our Mr. Tran Thanh Tung. By this article, we give more comments on legal aspect of the employer’s right of lockout during the skike.

In Part II, we would like to provide you with some notable regulations as follows:

  1. It is possible to be fined up to 30 million VND if failing to report to the Provincial Department of Labour, Invalids and Social Affairs regarding the recruitment and administration of foreigners
  2. Adjustment of investment incentives, corporate income tax preferences for administrative units newly established as a result of the change in administrative boundary by the Government
  3. To issue invoice only for payment valued at 200,000 VND or more
  4. New guidance on tax offset, tax refund in accordance with the tax finalization of income payer

Apart from the above, as usual, the selected list of news regulations is available for your further reference.

We hope that this Newsletter is of use to you. Should you have any questions, please feel free to contact us.

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