The new law of Vietnam has been promulgated that restrict the investment of state-owned enterprise in its non-core business areas. According to Decree 71/2013/ND-CP dated July 11th, 2013, state-owned enterprises are not allowed to make capital contribution or investment in real estate sector (excluding the business with business line in the real estate sector), in … Read More
A foreign individual is determined to have the tax resident in Vietnam if it meets one of the following conditions: Have been in Vietnam for 183 days or more in one calendar year or within 12 consecutive months, counted from the first day in Vietnam. The number of days stayed in Vietnam is based on the … Read More
The Ministry of Finance of Vietnam recently issued new regulations on the electronic trading in the stock market. The Circular 87/2013/TT-BTC provides a range of content to enhance security requirements for GDCKTT (Online Stock Trading) information, including required authenticaion information using digital certificates and digital signatures. Furthermore, the Circular lists provisions for licenses to provide … Read More
ANT Lawyers – Jul 4th, 2013. The new Vietnam law on managing e-commerce websites has been issued. The Ministry for Industry and Trade Vietnam recently promulgate Circular 12/2013/TT-BCT that prescribes notification procedures, registration and disclosure of information related to e-commerce websites. Accordingly, websites of organizations or individuals that are registered to provide e-commerce services will … Read More
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