Russell Bedford KTC ("RBK"), a professional firm, is committed to providing high quality service to our clients. At RBK, we are focusing on providing high value added services which bring to our client practical and cost-effective solutions to their business issues. Quality control is the most important process in our business, which makes us different.

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Our People

Russell Bedford KTC Associates ("RBK") is staffed by a team of qualified professionals including Certified Public Accountants (local and international), Ph.D., Masters in Accounting and Finance and Masters in Business Administration who have extensive experience in working in various industries.

Our people is our assets and critical factor to our success.

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Our Clients

We serve small and medium foreign invested enterprises, representative offices and not-for-profit organisations in Vietnam.

Vietnamese joint stock companies are growing in size and complexity and becoming our important clients.



Salary calculation and payment for corporates in Vietnam in 2022

Salary and wages


Wage is an amount in cash or in kind that is paid to the employee by the employer based on mutually agreement (i.e. labour contract) made by the two parties.

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Establish corporates’ salary range in Vietnam

Necessity of corporates’ salary range establishment


The labour code regulates that corporate needs to establish the salary range and norms. In practice, establishing salary range and norm would help corporates monitoring salary budget and costing. With an up-to-date salary range and norms, business owners would be able to track and analyse the salary movement over period of time and predict the trends for the coming periods.


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New Updates of Law on Enterprises 2020


On 17 June 2020, the National Assembly had issued Law on Enterprises No. 59/2020/QH14 (“EL 20”) replacing Law on Enterprises No. 68/2014/QH13 (“EL 14”). EL 20 is effective from 1 January 2021 with the main points as below:

1. Changing the “state enterprise” definition
2. Adding more entities prohibited from establishing and managing enterprises
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