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 …
On May 15, 2024, the Vietnamese Government issued Decree No. 52/2024/ND-CP on cashless payments, effective from July 1, 2024. This decree replaces Decree No. 101/2012/ND-CP (as amended and supplemented). It represents a significant legal milestone in the field of Vietnam cashless payments, impacting various sectors, organizations, and individuals involved. The new decree establishes a fundamental …
Introduction For innovators and businesses seeking to secure patent protection in Vietnam, understanding the PCT National Phase Entry in Vietnam is critical. As part of the Patent Cooperation Treaty (PCT), Vietnam allows applicants to file a single international application and later enter the national phase to obtain local patent rights. However, one key aspect often …
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 …
Imagine the situation you’re running a successful business in Vietnam, and everything seems to be going well. Suddenly, you discover that your intellectual property is being exploited, your business reputation is under attack, or your contract terms are blatantly ignored. The frustration, the anger, and the sense of betrayal can be overwhelming. As a foreigner …
Letting go of an employee should be a clean break. But in Vietnam, one wrong move can cost your business more than just money. It can cost your reputation, your operating license, and even your ability to hire again. Some foreign companies believe they can handle things the same way they do at their home …
Introduction: Assumptions create delays, not solutions Cross-border divorce is rarely simple, especially when handled without local legal knowledge. Foreigners involved in divorce proceedings in Vietnam often underestimate the legal requirements, jurisdiction rules, and necessary paperwork. While self representation may seem practical at first, it often leads to legal missteps, delays, or outcomes that are difficult …
It begins softly. A friendly request comes, framed as a favor, filled with urgency. You listen and agree. Money moves. Then the silence grows longer. The borrower turns avoid contacts, and a truth emerges: you may have walked into a loan scam in Vietnam. The private lending is part of daily life here, yet scammers …
You’re leaving Vietnam. But your property wants to stay! That is the tension. It’s not just an apartment or a house. It’s paperwork. Taxes. Buyers. Banks. Selling property in Vietnam may seem straightforward on paper. But for foreigners, it’s often a maze of legal hurdles, transaction risks, and money transfer headaches. Here’s the issue. When …
Imagine the thrill of seeing your cryptocurrency investments skyrocket, only to face the panic of a sudden market crash or unclear rules. For anyone with an interest in cryptocurrency in Vietnam, understanding crypto asset regulations is not just advisable it is essential. It’s not merely about staying informed; it’s about staying ahead in a dynamic, …
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