28/02/2023 0 Comments 0

OUTSOURCING

OUTSOURCING Outsourcing 1. Outsourcing is when an employee employed by an enterprise licensed to provide outsourcing services works for another employer and subject to the latter’s management while the labor relation with the outsourcing service provider is still sustained. 2. Outsourcing service is a conditional business and only provided for a certain number of works. Outsourcing service providers 1. Outsourcing service providers must pay a deposit and obtain the license to provide outsourcing services. 2. The maximum outsourcing duration is 12 months. 3. The Government shall [...]

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31/01/2023 0 Comments 0

LABOR CONTRACT INVALIDATION

LABOR CONTRACT INVALIDATION Labor contract invalidation 1. The labor contract is totally invalidated in one of the following cases: a) The entire labor contract contents are illegal; b) The labor contract is concluded by incompetent persons; c) The works in the concluded labor contract is prohibited by law; d) The labor contract restricts or obstructs the right to establish, join and participate in the Union activities of the employee. 2. The labor contract is partially invalidated when part of it violates the law provisions but does [...]

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30/12/2022 0 Comments 0

PROFESSIONAL SKILLS AND COMPETENCE

PROFESSIONAL SKILLS AND COMPETENCE Policy Professional personnel of audit firms must possess professional skills and competence, continuously maintain, update and raise their knowledge so as to accomplish their assigned tasks. Procedures Recruitment: 1. Audit firms must maintain a process of recruiting professional personnel by planning the personnel needs, setting recruitment objectives and requirements on qualification as well as compatibility of persons who perform the recruiting function. a/ Planning the needs of personnel in different posts and determining the recruitment objectives based on the existing number [...]

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30/11/2022 0 Comments 0

FRAUD AND ERROR

FRAUD AND ERROR   GENERAL PROVISIONS 01. The purpose of this Vietnamese Standard on Auditing (VSA) is to establish standards and fundamental principles and provide guidance on the auditor and the audit firm’s responsibility to consider fraud and error in an audit of financial statements. 02. When planning and performing audit procedures and in evaluating and in evaluating and reporting the results thereof, the auditor and the audit firm should consider the risk of material misstatements in the financial statements resulting from fraud [...]

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30/10/2022 0 Comments 0

CONSIDERING THE OBSERVANCE OF LAWS AND REGULATIONS IN THE AUDIT OF FINANCIAL REPORTS

CONSIDERING THE OBSERVANCE OF LAWS AND REGULATIONS IN THE AUDIT OF FINANCIAL REPORTS   GENERAL PROVISIONS 01. This standard aims to prescribe the basic principles and procedures and guide ways of applying the basic principles and procedures related to the auditors and auditing companies when considering the observance of laws and regulations by the audited units in the process of auditing the financial reports. 02. When drawing up plans and carrying out procedures for audit, when evaluating the results and making reports on [...]

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30/09/2022 0 Comments 0

AMENDING, SUPPLEMENTING, TERMINATING LABOR CONTRACT

AMENDING, SUPPLEMENTING, TERMINATING LABOR CONTRACT Amending and supplementing labor contract 1. During the performance of labor contract, the party that demands to amend and supplement the labor contract must notify to the other party in advance at least 3 working days of the contents being amended and supplemented. 2. If the agreement is reached, the amendment and supplement of the labor contract must be carried out by concluding the labor contract annex or concluding the new labor contract. 3. If the agreement on [...]

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30/08/2022 0 Comments 0

LABOR CONTRACT PERFORMANCE

LABOR CONTRACT PERFORMANCE Doing works under the labor contract The work under the labor contract must be done by the employee that concluded the labor contract. The working location must comply with the labor contract or other agreements between both parties. Transferring employees to do other works than in the labor contract 1. Upon sudden difficulties from natural disasters, fire, epidemics, from the implementation of preventive and remedial measures for occupational accidents and occupational illness, from electricity or water supply system malfunctions, or [...]

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15/08/2022 0 Comments 0

HOLIDAY LEAVE, PERSONAL LEAVE AND LEAVE WITHOUT PAY

HOLIDAY LEAVE, PERSONAL LEAVE AND LEAVE WITHOUT PAY Holiday and Tet leave 1. An employee shall be entitled to have days off fully paid on the following public holidays: a) Calendar New Year Holiday: one day (the first day of January of each calendar year); b) Lunar New Year Holidays: Five days c) Victory Day: 01 day (the 30th of April of each calendar year); d) International Labor Day: one day (the first day of May of each calendar year); dd) National Day: 01 day (the [...]

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30/07/2022 0 Comments 0

LABOR CONTRACT CONCLUSION

LABOR CONTRACT CONCLUSION Labor contract A labor contract is an agreement between the employee and the employer on the paid job, the work conditions, the rights and obligations of each party in the labor relation. Form of labor contracts 1. A labor contract must be concluded in writing and made into 02 copies, the employee shall keep 01 copy, the employer shall keep 01 copy, except for the case prescribed in Clause 2 this Article. 2. For temporary jobs with terms under 03 months, [...]

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15/07/2022 0 Comments 0

WORKING HOURS

WORKING HOURS Normal working hours 1. Working hours shall not exceed 08 hours per day or forty eight (48) hours per week. 2. The employer shall have the right to determine the working hours on a daily or a weekly basis; in case of weekly basis, the normal working hours shall not exceed 10 hours/1 day, but not exceed 48 hours/1 week The State encourages the employer to implement the 40-hour working week. 3. The working hours shall not exceed 06 hours in 01 [...]

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