SET UP AND INVEST
Starting a business in Vietnam
Plan the entity, licenses, funding and practical steps needed before launch.
Read the guide
10 Crucial Insights About Corporate Criminal Liability in Vietnam You Can’t Afford to Ignore
For foreign companies and individuals doing business in Vietnam, understanding corporate criminal liability is essential for operating ethically and successfully. As Vietnam’s economy continues to grow and integrate globally, the government has prioritized accountability in the corporate sector. Corporate criminal liability ensures enterprises are held responsible for misconduct conducted on their behalf, emphasizing the importance …
5 Powerful Benefits of a Well-Implemented Fintech Regulatory Sandbox in Vietnam for Innovation in Finance
The Need for a Fintech Regulatory Sandbox in Vietnam The banking and financial sectors are undergoing a significant transformation as financial technology, or Fintech, reshapes traditional practices. In response, governments and regulatory bodies worldwide are exploring controlled environments to test new financial technologies. Vietnam does not want to be the outsider hence it is planning …
9 Important Steps for Successfully Setting Up an Import Export Business in Vietnam
Starting an import-export business in a foreign country can be challenging, because the difference of cultures, business practice, lack of trusted partners, difficulties to hire. However, setting up an import export business in Vietnam offers exciting opportunities due to the country’s growing economy, strategic location, and booming trade sector. The following outlines nine powerful steps …
10 Facts About Regulations on Cryptocurrency Exchange in Vietnam
Cryptocurrency has becoming a global phenomenon, but regulations on cryptocurrency exchange in Vietnam are still evolving. Unlike traditional currencies, issued by the State Bank of Vietnam (SBV), cryptocurrencies operate in a decentralized digital framework. However, the Vietnamese government has taken a strict stance on cryptocurrency in Vietnam, particularly regarding their exchange and use. In the …
10 Crucial Insights for Cybersecurity Compliance in Vietnam in 2024
Vietnam is rapidly advancing in the digital age, and with this growth comes the necessity to strengthen cybersecurity measures. The Draft Decree on Administrative Sanctions in the field of Cybersecurity for 2024 provides a robust framework for ensuring cybersecurity compliance in Vietnam. The following explores the key aspects of the decree, essential for businesses and …
6 Honest Truths About Prestige Law Companies in Vietnam That Every Client Should Know
The Illusion of Prestige Prestige. It sounds like quality. Experience. Trust. In the world of legal services, it promises more than just technical skill. It suggests that the lawyers you hire know what they are doing and will guide you confidently through uncertainty. But in reality, not everything labeled “prestigious” deserves your trust. In a …
Vietnam and UK’s Accession to CPTPP at the 7th Session
On the afternoon of May 15, during the 33rd session of the Standing Committee of the Vietnam National Assembly, discussions were held on the approval of the United Kingdom’s (UK) accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). This article highlights the procedures from Vietnam and UK’s accession to CPTPP. The Accession …
7 Powerful Reasons Fintech Lawyers in Vietnam Help You Navigate Risks
The rules are changing. Fast. Think of a situation that you have built some softwares: applications or platforms innovative. The users like it. Investors are watching. But now comes the hard part, staying legal in Vietnam. This might be too new hence things could get complicated. Partners ask for licenses. Customers want guarantees. And right …
Quick Tips for Foreigners to Set up Company in Vietnam and Comply?
Feel Challenging to Set up Company in Vietnam? For a foreigner to a country like Vietnam which opportunities avail for business, it is attempting to create a business to operate and snatch the chance. But after the first eagerness feeling of potential business to generate, after settling in, the entrepreneur might wonder, how difficult it …
7 Crucial Facts About Foreign Currency Salary Payment in Vietnam You Must Know
In the dynamic business environment of Vietnam, compliance with labor and foreign exchange regulations is essential for both local and international companies. One of the most frequently asked questions by employers and employees is, “Can a salary be paid in a foreign currency?” In Vietnam, the law is clear: salaries must generally be paid in …