Our collection of resources based on what we have learned on the ground

Resources

Q&A

How often is it recommended to conduct HR audits?

How often is it recommended to conduct HR audits?

It is advisable to conduct HR audits on an annual basis. This solution might not seem viable, but in reality, conducting an HR audit on a regular basis reduces the time and effort needed, because the amount of HR documentation needed to be discovered...

Q&A

What is an employee handbook?

What is an employee handbook?

An employee handbook is a document that stipulates all company rules, regulations, and operations, as well as obligations and expectations of employees. It can be an effective method to communicate the company’s organization philosophy to all l...

Q&A

Under Chinese law, what should be included in the employee handbook?

Under Chinese law, what should be included in the employee handbook?

China has no laws that specifically and definitively govern the content of an employee handbook, so it is ultimately the responsibility of the employer to decide what is included. Given the legal and operational importance of the employee handbook, i...

Q&A

What are some of the emerging economic trends that can be seen in recent years i...

What are some of the emerging economic trends that can be seen in recent years i...

A significant economic trend that can be seen in Vietnam is GDP growth. Despite uncertainty in the global economy, it  reached 6.7 percent in 2015, had a forecast of 6.2 percent growth in 2016 and for 2017 is expected to improve slightly with a ...

Q&A

What is the current situation of the Vietnamese job market?

What is the current situation of the Vietnamese job market?

To sustain the transition from a rural  to an urban, manufacturing, and service-based formal economy, skilled workers play a crucial role. The number of skilled workers has increased over the years, thanks to significant investment in education,...

Q&A

What is the main advantage that attracts FDI in Vietnam?

What is the main advantage that attracts FDI in Vietnam?

Vietnam has a favorable business climate, and cost advantages with labor costs being relatively inexpensive compared to other Asian countries, such as China. Recently a number of foreign MNC’s, in industries from services to manufacturing, have...

Q&A

Which contract structures are permitted in Vietnam?

Which contract structures are permitted in Vietnam?

According to Chapter 3, Article 15 of the Vietnamese Labor Code, the contract structures that are permitted and should be used to form the basis for cost and compliance comparisons are seasonal or work-specific contracts, indefinite-term contracts, d...

Q&A

How do employers select optimal contract terms in Vietnam?

How do employers select optimal contract terms in Vietnam?

Seasonal contracts (under one year) are usually reserved for seasonal or task specific employment, however it is important to note that these are not allowed to contain a probationary period. Definite term contracts (12 to 36 months) are used by empl...

Q&A

How long are probationary periods in Vietnam?

How long are probationary periods in Vietnam?

Probationary periods are proportional to the educational level required by the position and range from six to 60 days. Employers can use them only once and they must be converted into standard contracts of one or more years, if both parties wish to c...

Q&A

What are some of the post-employment financial obligations in Vietnam?

What are some of the post-employment financial obligations in Vietnam?

If a labor contract is terminated, employees may be entitled to severance payment; the nature of which depends on the salary of the employee, the amount of time spent in the current position, and the amount of time the employee has been covered under...

Q&A

What government bodies in Vietnam deal with the creation and approval of account...

What government bodies in Vietnam deal with the creation and approval of account...

Vietnam’s Law on Accounting, passed in 2003, delegated a significant portion of the responsibilities pertaining to accounting and bookkeeping regulations to the Ministry of Finance.  Serving under the Ministry of Finance is the Department ...

Q&A

As of 2016, where must companies operating in Vietnam file their annual financia...

As of 2016, where must companies operating in Vietnam file their annual financia...

Enterprises operating in Vietnam are required to file annual financial statements 90 days after the close of the annual accounting period.  As of 2016, it is necessary for annual finalization to be submitted to three Vietnamese government office...

Filter By

Topic

Country

Type of resource

Language

Enquire for more information about our services, and how we can help solve challenges for your organization

Contact Us
The code is case-sensitive