26.2 C
Ho Chi Minh City
Friday, April 24, 2026

CATEGORY

News

A sigh of relief

Government Decree 70/2023/ND-CP, which came into effect on September 18, 2023, introduces amendments and additions that simplify the process for businesses to recruit and manage foreign workers in Vietnam. Decree 70 revises and supplements certain provisions of Decree 152/2020/ND-CP, which pertains to the issuance of work permits for foreign workers in Vietnam, and eliminates specific regulations found in Decree 35/2022/ND-CP, which addresses the management of industrial parks and economic zones. Work permits: easing the burden of proving work experience Under the regulations of the Labor Code, foreign workers must meet certain conditions, including possessing the necessary skills and work experience, with a minimum number of years required. Decree 152 stipulates that foreign experts and workers must have three to five years of experience but does not explicitly require foreign workers to provide proof of their skills and experience. In practice, however, government agencies responsible for granting work permits and related documents, often referred to as permits or work permits, have historically demanded that foreign workers prove their work experience abroad. To be accepted, this work experience is typically needed to be certified by foreign organizations. This requirement has created challenges and deterred businesses and foreign workers from applying for work […]
To read more, please click here.

No compromise

“The standards of monetary and credit policies cannot be lowered. Setting the bar low can only solve the issue immediately but would not be...

Uncertainty surrounds growth target

The ambitious goal of achieving the 6.5% GDP growth rate this year is facing considerable uncertainty as the fourth quarter, known for its heightened...

Awaiting a conducive environment

The diversification of global supply chains, coupled with changes to global trade under “new rules”, has given a boost to foreign direct investment (FDI)...

The renewed fear of bad debt

Bad debt is rising again, prompting concerns among banks and authorities, after a long period of strong efforts being taken to control credit quality...

Work resumes on Ben Luc-Long Thanh expy’s longest bridge

HCMC – Work has resumed on the long-delayed Binh Khanh Bridge, the longest cable-stayed bridge along the 57-kilometer Ben Luc-Long Thanh Expressway. The construciton of...

Fresh FDI approvals soar 15% in Jan-Oct

HCMC – Vietnam has seen a 15% increase in new foreign direct investment (FDI) approvals in the first 10 months of this year compared...

Chinese tourist arrivals in Khanh Hoa edge up

HCMC – Tour operators have organized additional chartered flights from China’s major cities to Khanh Hoa Province, bringing more Chinese tourists to the south-central...

VCCI proposes applying VAT cut to all goods and services

HCMC – The Vietnam Chamber of Commerce (VCCI) has proposed reducing value added tax (VAT) from 10% to 8% for all goods and services. The...

Latest news