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Business Now December 2015
- December 2015
- Members Access
The December issue of Business Now provides insight into what’s fueling Chinese investor’s home buying bonanza in the US. Keeping with the real estate theme, this month’s reform report looks at how the government’s special economic zones may ...
Q&A
How is the labor arbitration process in China?
- December 2015
- Free Access
The labor arbitration process in China consists of four phases. First, the employer and employee are encouraged to sort out the matter on their own out of court. Should this fail, both parties might seek to mediate through the help of the Labor...
Q&A
What should foreign enterprises in China be cautious about regarding the laws on...
- December 2015
- Members Access
Unlike many western countries whose legal systems have grown to the complexity of today over hundreds of years, China only embarked upon the establishment of rule of law in the Western sense of the word in 1979. Not only might this underdeveloped leg...
Q&A
Can a foreign invested enterprise in China terminate labor contracts unilaterall...
- December 2015
- Free Access
Due to the slowdown of the Chinese economy, more foreign-invested enterprises (FIE) are seeking to shift operations to cheaper locations in order to control expenses. When employees are unwilling to relocate, the employer can terminate the labo...
Q&A
How can a company reduce the number of staff in China?
- December 2015
- Free Access
Chinese employees are entitled to two consecutive fixed-term contracts and then an open-term contract if requested by the employees. At the end of the first term, the company can simply choose not to renew the labor contract with that employee in ord...
Q&A
What common labor related issues can arise during company divestiture in China?
- December 2015
- Members Access
If a company sells part of its assets and this part involves certain employees , the original labor contracts of these employees become no longer valid and the purchasing company has the choice as to whether to employ the current staff. T...
Q&A
What are some of the steps required to settle labor issues when a company wishes...
- December 2015
- Free Access
When a company de-registers and closes its operations, current labor contracts will be automatically terminated and affected employees will be entitled to the severance payment. In order for foreign companies to legally de-register, they need to...
Q&A
How has Vietnam become an alternative to China when choosing a destination for i...
- December 2015
- Free Access
China’s business environment has changed rapidly in recent years due to rising labor costs. As a result, more and more foreign investors have started to search for alternative markets. Vietnam stands out as the country most often offered as an ...
Q&A
What industries are of particular interest when considering whether to invest in...
- December 2015
- Free Access
Exports of electronics have provided huge momentum for economic growth in Vietnam. The Vietnamese government offers special incentives to lure large foreign electronics investors such as LG, Microsoft, and Panasonic. That in return has propelled elec...
Q&A
What advantages in tariffs does Vietnam have when trading with China?
- December 2015
- Free Access
Vietnam’s inclusion in the ASEAN-China Free Trade Agreement (ACFTA) amplifies its advantage of geographic proximity to China. As of January 1st, 2012, most Chinese Tariffs levied on Vietnamese imports including on key industries such as copper ...
Q&A
What are Non-Wholly Originating Goods and why are they potentially a concern for...
- December 2015
- Members Access
Non-Wholly Originating Goods refer to exports produced using inputs from outside of a given Free Trade Agreement(FTA). When companies seek to adopt a China plus one production model and integrate Vietnam into existing supply chains, they might consid...
Q&A
What advantages does Vietnam’s Dinh Vu Industrial Zone(DUIZ) have?
- December 2015
- Free Access
Advantages of the DUIZ lie in its proximity to various outlets for exported goods, its well-established facilities and regulatory assistance, as well as easily accessible high skilled labor pools for companies to jump start their manufacturing operat...
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