The Critical Role of Due Diligence for Foreign Investors in Vietnam Investing or doing business in Vietnam presents exciting opportunities, but it also comes with risks. Whether you’re entering a joint venture, acquiring a local company, or signing a business contract, it is crucial to verify your Vietnamese partner’s legitimacy before proceeding. For foreign investors, …
As Vietnam continues to emerge as a global IT outsourcing hub, European and international companies increasingly seek partnerships with Vietnamese service providers. The country’s competitive advantages—cost efficiency, high-quality talent, and a strong digital infrastructure—make it a top destination for IT outsourcing. However, with this growth comes the challenge of ensuring GDPR compliance in Vietnam. With …
The decision by Vietnam to ban e-cigarettes is a turning point in public health policy. As the popularity of e-cigarettes surges among young people and their associated health risks become more apparent, the Vietnamese government’s resolute action is both timely and necessary. This ban encompasses production, trade, importation, advertising, and use of e-cigarettes, aiming to …
For foreign companies and individuals doing business in Vietnam, understanding the legal landscape is important for avoiding disputes and maintaining successful operations. Among the critical areas of legal compliance is corporate civil liability in Vietnam, which is the company’s obligation to compensate for damages caused by wrongful acts, negligence, or breaches of duty, ensuring fairness …
Imagine losing your job unexpectedly, in a foreign country, with little understanding of your rights, scenario that no one wants to face. For foreign employees working in Vietnam, understanding the concept of unfair dismissal compensation in Vietnam is not just important; it’s essential for protecting your financial security and professional integrity. Unlawful terminations can leave …
In the digital age, cryptocurrencies have unlocked a world of opportunity, enabling faster transactions, decentralized systems, and new business models. However, this promising frontier comes with a dark side: fraud, crime, and the tangled web of regulations that leave victims vulnerable and businesses uncertain. Imagine discovering your hard-earned funds siphoned away in a sophisticated scheme …
Vietnam has been becoming a key player in international trade, attracting businesses worldwide. However, understanding import tax into Vietnam can be confusing. With several taxes, tariffs, and regulations, importers must clearly understand how Vietnam’s import tax system works to avoid unnecessary expenses. In the following, we will through the some aspects of import tax into …
Securing a work permit in Vietnam is a crucial process for foreign workers and employers aiming to navigate the complexities of the country’s legal framework. Whether you are a foreign employee seeking opportunities in Vietnam or an employer looking to sponsor a skilled workforce, understanding the intricacies of work permits can save time, effort, and …
As Vietnam’s economy continues to thrive, more high-net-worth individuals (HNWIs) and families are turning to private client services to manage and protect their wealth. For these clients, understanding the legal environment in Vietnam and knowing how to efficiently operate businesses in Vietnam is of utmost important, as compliance and strategic legal planning are essential to …
Living and working in Vietnam as a foreigner is an exciting journey filled with cultural discoveries, economic opportunities, and, occasionally, legal complexities. One of the most critical aspects you’ll need to navigate is taxation in Vietnam. Taxes are more than just numbers on a form, they are reflections of a country’s priorities, its approach to …
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