The Statutory Evolution of Labor Valuation: Annual Minimum Living Standards Commencing 2028

Executive Summary In a definitive move to formalize labor market economics, Vietnam is set to mandate the annual announcement of the “minimum living standard” for workers, commencing in 2028. For Multinational Corporations (MNCs) and Foreign Direct Investment (FDI) enterprises operating in labor-intensive sectors, this policy trajectory signifies a structural shift in human resources compliance. It […]

Decoding the National Plan for the Revised Technology Transfer Law

Executive Summary The Government has officially rolled out the National Plan to implement the revised Technology Transfer Law. This comprehensive framework serves as the operational roadmap for upgrading Vietnam’s technological baseline and enforcing stricter regulatory oversight on cross-border technological exchanges. For Multinational Corporations (MNCs) and Foreign Direct Investment (FDI) enterprises, this Plan signals a paradigm […]