As a foreign investor or manager in charge of operations in Vietnam, it is not easy to ensure full legal compliance. When a new management team has taken over or any changes in the shareholding have occurred, it makes sense to arrange a compliance check by independent experts.

Vietnam has adopted significant amendments to its anti-corruption and administrative accountability framework that may indirectly affect EU-invested enterprises operating in the country.

Since 2017, employees in Germany have had the right to request information from their employer about the salaries of colleagues performing the same or equivalent work – at least where the employer employs more than 200 employees in the same operation. Under the new version of the Pay Transparency Act (Entgelttransparenzgesetz – EntgTranspG), this limitation will be removed, and employers will even have to inform their employees about this right – otherwise, a fine may be imposed.

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