1. DRAFT LAW ON LAND (AMENDED) The Draft Law on Land (Amended) (the “Draft Law”), drafted by the Ministry of Natural Resources and Environment, was submitted by the Government to the National Assembly for discussion and comments on 01 November 2022, and shall be tentatively ratified at the 6th National Assembly session in October 2023, replacing the

1. RESOLUTION 17/2022/UBTVQH15 Adding circumstances where employees may work overtime for up to 300 hours per year and maximum 60 hours per month Resolution 17/2022/UBTVQH15 (the “Resolution 17”) issued by the Standing Committee of the National Assembly on 23 March 2022 in relation to annual and monthly overtime hours of employees in the context of COVID-19 prevention and control,

I. Law on amendments and supplements to several articles of Law on Public Investment, Law on Investment in the Form of Public-Private Partnership, Law on Investment, Housing Law, Bidding Law, Electricity Law, Law on Enterprises, Law on Excise Tax and the Law on Civil Judgments Enforcement 2022 Law on amendments and supplements to several articles of Law on Public Investment, Law on Investment

In order to motivate the recovery process of Vietnam’s tourism industry, and create favourable conditions for reopening international travel in the near future, the Government has enacted many documents on orientation for reopening of tourism, especially international tourism, in the “new normal” phase. In particular, on 15 March 2022, the Government promulgated Resolution No. 32/NQ-CP

I. DECISION NO. 28/2021/QD-TT Policies on aid for workers and employers affected by covid-19 from Unemployment insurance fund Decision No. 28/2021/QD-TTG (“Decision 28”) dated 01 October 2021 of the Government on policies on aid for workers and employers affected by Covid-19 from Unemployment insurance fund, takes effect as of 01 October 2021.  These are some prominent

I. RESOLUTION NO. 68/NQ-CP The policies on supporting the enterprises facing difficulties due to the Covid-19 pandemic Resolution No. 68/NQ-CP (the “Resolution 68”) dated 01 July 2021 of the Government on detailing the supporting policies for employees and employers facing difficulties due to the Covid-19 pandemic, takes effect as of the issuance date. The following are the notable features of Resolution 68 regarding the supporting policies for enterprises: 1. Policy on reduction of insurance

I. LAW ON RESIDENCE 2020 Major amendments in household and temporary residence registration from 01 July 2021 Law on Residence No. 68/2020/QH14 (the “Law on Residence 2020”) passed by the National Assembly, dated 13 November 2020, takes effect as of 01 January 2021. One of the most prominent features of the Law on Residence 2020 is the regulation on  replacing the manual method of residence management by household registration books, temporary residence books with electronic

I. DECREE NO. 47/2021/ND-CP Definition of contribution of capital, purchase of shares of other enterprises Decree No. 47/2021/ND-CP (“Decree 47”) dated 01 April 2021 providing guidances on several articles of the Law on Enterprises, takes effect as of 04 January 2021. Decree 47 specifies some features of the Law on Enterprises 2020 regarding the issues related to social enterprises, state-owned enterprises, groups of companies, defense and security

Following the latest legal updates on several issues regarding the COVID-19 pandemic, Victory LLC would like to provide some useful information about the procedures for applying for foreign workers’ visas and work permits during the COVID-19 pandemic.

I. DECREE NO. 135/2020/ND-CP Change in retirement age of employees as of 01/01/2021 Decree No. 135/2020/ND-CP (“Decree 135”) dated 18/11/2020 of the Government providing the regulations on retirement age under the Labour Code 2019, takes effect as of 01/01/2021. Under The Labour Code 2019, the retirement age of employees with normal working conditions is adjusted as follows: (i) reaching 62