SET UP AND INVEST
Starting a business in Vietnam
Plan the entity, licenses, funding and practical steps needed before launch.
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Actively Review and Cut-off Unnecessary Business Conditions
Vietnam Prime Minister Nguyen Xuan Phuc asked the Ministries to research, actively self-review to amend or proposed modifications, cutting business conditions which are not reasonable and unnecessary. On August 22nd 2017 , under the chairmanship of Prime Minister Nguyen Xuan Phuc, the Government held a legislative session to give comments on the draft law on …
Labour Matters and How Labour Compliance Law Firm in Vietnam Can Help?
The labour management is one of the most important matters in the operation of enterprises. For the employee, he or she has to fulfill the job requirements as per labour contract, follow internal labour regulations, and work under the supervision of the employer. For employer, complying with regulations include paying salary, ensuring benefits, and other …
Issuance of Work Permit for Foreigner Online
From October 2nd 2017, the issuance of work permits to foreign employees working in Vietnam via Internet will be applied in accordance with the guidance of Circular No. 23/2017/TT-BLDTBXH issued by the Ministry of Labor – Invalids and Social Affairs on August 15th 2017. Accordingly, the issuance and re-issuance of work permits for foreigners will …
Propose to Remove Nearly 2,000 Business Conditions
The Ministry of Planning and Investment has proposed to remove nearly 2,000 business conditions from ministries and sectors that are thought to cause difficulties and obstacles for businesses. According to the report of the Ministry of Planning and Investment submitted to the Government, this agency proposed to remove 1,930 requirements and conditions on business that …
Procedures to Apply for Temporary Residence Card in Vietnam
For foreigners wishing to reside in Vietnam, they must belong to the subjects to be granted temporary residence card. For most of the case, the temporary residence card holder are investors whom invest to establish company in Vietnam, or employee being employed and sponsored by an organization in Vietnam. The following shall details the procedures …
Construction Contract in Vietnam
In Vietnam, like other countries companies seeking to build an office building or industrial facility work with the contractor through a construction contract. There are several types of construction contract used in the construction industry depending on the level of control from parties involved in terms of investment, responsibilities and duration. Fixed price is a type …
What are Forms of Arbitration Agreement under Vietnam Laws?
Under Article 16 of Vietnam Law on Commercial Arbitration, forms of arbitration agreement resolving disputes are in written form. In particular: An arbitration agreement may be made in the form of an arbitral clause in a contract or in the form of a separate agreement. An arbitration agreement must be in writing. The following forms …
Conditions of Foreigner on Adoption in Vietnam
Nowadays, foreigners from other countries wish to child adoption in Vietnam and bring them up to his/her country for custody. Vietnam in the meantime encourages the adoption for the better conditions on life environment, education system which would bring to the children when living with the new family. However, the adoption conditions are still regulated …
When Arbitration Could Settle a Dispute in Vietnam?
Under the Law on Commercial Arbitration effective Jan 1st, 2011, and other guidance, in principle, arbitration could only be used in disputes among parties which arise from commercial activities, disputes among parties at least one of whom conducts commercial activities, and other disputes among parties which are stipulated by law to be settled by arbitration …
What a Law Firm Could Assist in an M&A Deal?
M&A, abbreviated by Mergers and Acquisitions is expanding in both quantity and volume in Vietnam in many sectors. Successful M&A deals depend on various factors and legal due diligence, and drafting agreements are important processes in Vietnam. For investors whom are interested in M&A deal in Vietnam as buyer or seller,it is important to hire …