4 articles found for Contract in Vietnam

Foreigners legally working in Vietnam have the same fundamental labor protections as local citizens under the Vietnam Labor Code. Employers must follow strict statutory procedures and notice periods before they...

Notice Periods: Employees can resign without cause by giving 30 to 45 days' notice. Employers cannot unilaterally dismiss you without legal grounds. Visa and TRC Cancellation: Your Temporary Residence Card...

Penalty Caps: Under the Commercial Law 2005, monetary penalties for breaches are capped at 8% of the value of the breached obligation portion, unless otherwise specified in specialized laws. Arbitration...

Renewing a contract in Vietnam requires a formal written amendment or a new agreement to satisfy the Civil Code 2015 and Commercial Law 2005 requirements for validity. Price adjustment clauses...