Decree 70 Regarding the Use of Foreign Labor in Vietnam: What Changes to Worry Expatriates?
Decree 70/2023/NĐ-CP has introduced several significant adjustments related to the use of foreign labor in Vietnam. The decree aims to optimize the management process of foreign labor while creating more favorable conditions for economic development and businesses in Vietnam. Significance of Decree 70 Regarding the Use of Foreign Labor in Vietnam Decree 70/2023/NĐ-CP was issued with specific reasons and objectives to improve the management of use of foreign labor in Vietnam . Here are some key reasons: Adapting to the Increasingly Complex International Labor Market The use of foreign labor in Vietnam is becoming increasingly complex and diversified. The decree is established to quickly and flexibly respond to new challenges in the international context of expatriates moving jobs between countries. Promoting Economic and Industrial Development Creating more favorable conditions for businesses to use foreign labor in Vietnam can promote the development of the economy and industry, especi...