10 Essential Insights on Employee Severance in Vietnam During M&A

Employee severance in Vietnam is a critical issue for both employers and employees, particularly in the context of mergers and acquisitions (M&A). The following explores the intricacies of severance pay, focusing on what happens when employees continue to work for a new employer who acquires their original company. By understanding the legal framework and practical implications, both expatriate and local employees can better navigate these transitions. Understanding Employee Severance in Vietnam The concept of employee severance in Viet…