1. What is workforce reduction? Under current Vietnamese law, there is no specific legal definition of “workforce reduction.” However, this term is commonly understood as a situation where an enterprise terminates employment contracts ahead of their expiry date with multiple employees (from two or more individuals) at the same time in order to reduce the […]

📍 Introduction In Vietnam, the legal system—especially in labor, social insurance, and accounting—is constantly evolving. Japanese companies often fail to keep up, leading to unintended violations, penalties, or loss of credibility with staff and business partners. 1. Laws change frequently, with unclear implementation guidance ・Frequent updates in labor law, insurance, personal income tax, invoicing, etc. […]