INSURANCE POLICIES FOR FOREIGN WORKERS
[10-04-2015] Foreign nationals working in Viet Nam can avail of several insurance schemes, in which the participation of the enterprises they work for has been made mandatory. Mandatory social insurance embodies plans for sickness, maternity, labour accidents, occupational disease, pension and survivorship allowance.
TOUGHER COMPETITION FOR APPAREL SECTOR AHEAD
[12-04-2015] Experts have called on apparel enterprises to improve product quality and prepare to face tougher competition in the next five years. Speaking at the Vietnam Saigon Fabric & Garment Industry Expo (Saigon Tex) 2015 in HCMC on April 9, Hoang Ve Dung, deputy general director of Vietnam National Textile and Garment Group (Vinatex), said Vietnam will sign more bilateral and multilateral free trade agreements, thus offering multiple opportunities but at the same time exposing them to more challenges.
DELOITTE: UPDATE ON NEW CIRCULAR 38
[08-04-2015] The Alert update on Circular No. 38/2015/TT-BTC, dated 25 March 2015 by the Ministry of Finance. This Circular is in effect from 1 April 2015.
FOREIGN INVESTORS SCAMPERING FOR A SHARE IN GARMENT INDUSTRY
[08-04-2015] A series of foreign direct investment projects in the garment sector will be started in the central region of Vietnam over the next months. Some of the more outstanding projects include the Delta Galil fiber-dyeing and garment plant, the Onewoo garment plant and the Tam Thang textile-garment and dyeing plant.
HANOI PROPERTY MARKET HAS STRONG RECOVERY IN Q1
[06-04-2015] The real estate market in Ha Noi has seen a strong recovery, especially the luxury apartment segment, the CBRE Viet Nam announced yesterday in Ha Noi. In Q1 2015, the market continued its recovery with the comeback of high-end apartments. Construction of some 4,879 new units has begun among 18 projects, an 82 per cent against the same period in 2014, said Nguyen Hoai An, senior manager at CBRE Viet Nam's Ha Noi branch.
HOUSING PROJECTS IN VIETNAM ATTRACT MORE FOREIGN INVESTMENTS
[04-04-2015] Foreign investors have recently poured more money into housing projects, instead of tourism estates, in Vietnam and they have had more confidence in the property market as well at a time when the revised real estate law is about to take effect.
DRAFT CIRCULAR RAISING VISA FEES INTO VIETNAM
[04-04-2015] Foreigners wanting to stay in Vietnam for more than three months will face a rise in visa fees. According to the draft circular of the Ministry of Finance (MoF) on the regulations on collection, payment, management and usage of fees for visas and passports into Vietnam, fees for obtaining a multiple-entry visa into the country will be strongly increased:
GOVT AGREES WITH WORKERS ON AMENDMENT TO SOCIAL INSURANCE
[02-04-2015] Workers will receive a one-off social insurance payment after they quit their last jobs if the National Assembly approves an amendment to Article 60 of the 2014 Social Security Law. Minister and Head of Government Office Nguyen Van Nen said at a press conference on Wednesday that the Government agreed with the change proposed by the Ministry of Labour, Invalids and Social Affairs.
