SET UP AND INVEST
Starting a business in Vietnam
Plan the entity, licenses, funding and practical steps needed before launch.
Read the guide
What Makes Application for Work Permit in Vietnam Challenging After Covid?
Given international integration and the needs of the Vietnamese labor market, the number of foreigners working in our country is increasing. In order to ensure the stability of the labor market and the management of competent authorities, the Labor Code requires foreigners to have a work permit, except in some special cases. After the Covid …
How Payment by Documentary Credit in International Commerce Works?
In the realm of international trade and finance, the use of letters of credit (LC) is common practice. A letter of credit provides a secure payment method for parties involved in cross-border transactions, ensuring that both the buyer and seller are protected. Given the intricate nature of LC transactions and the potential risks involved, the …
Guide to Applying for a Temporary Residence Card in Vietnam
If a foreigner have been sponsored work permit in Vietnam to work or he/she decides to set up a company in Vietnam, he/she could be granted temporary residence card in Vietnam to live in Vietnam instead of applying and re-newing business or travel visas every three months. Procedures to prepare for temporary residence card in Vietnam Subjects to …
What Are New Points of the Law on Intellectual Property 2022
What Are New Points of the Law Amending and Supplementing The Intellectual Property Law in Vietnam? The 2005 Law on Intellectual Property (IP) was amended and supplemented twice, in 2009 and 2019, to make it more practical and to address new concerns in the area of intellectual property as they arise. However, given the rapid …
What Are Some New Points In The Draft Amending Land Law?
After nearly 10 years of enforcement and implementation, the 2013 Land Law has brought about remarkable achievements in land management, exploitation and use. However, with a significant increase in land use demand, especially in the city center areas, many issues have arisen that are beyond the law’s control. The requirement to amend and supplement this …
Medical Device Import Registration in Vietnam: 3 Questions to Answer?
Medical device includes device related to human health, therefore, the business of medical device in the conditional business line in accordance with the law of Vietnam. Hence the medical device import registration in Vietnam has to follow certain procedures. Why medical device import registration in Vietnam is important? Medical device is defined as kinds of …
What Are Legal Framework for Fintech in Vietnam?
Why Legal Framework for Fintech is Needed? The 4.0 industrial revolution along with the explosion of the Internet has created the basis for the forward leap in all fields of life. The financial sector is not an exception and is directly affected by science and technology. In addition to traditional finance, a new type of finance …
Land and Housing Deals in Vietnam: When to Get Legal Advice
Laws on land is complicated in Vietnam Due to changes in law attracting foreigners to come to live, and invest in Vietnam, foreigners have growing interest in investment and acquiring real estate. However, as real estate is valuable assets, the law on real estate ownership and real estate transactions are complicated, especially for foreigners. It …
Extension of the Period for Final Review of the Application of Anti-dumping Measures to H-shaped Steel Products from China
On July 12, 2022, the Ministry of Industry and Trade issued Decision No. 1377/QD-BCT for extension of the period for final review of the application of anti-dumping measures to some H-shaped steel products originating from the People’s Republic of China (case ER01, AD03). According to the current Law on Foreign Trade Management, the time limit …
10 Crucial Facts Foreign Employers Must Know About Disciplining Employees in Vietnam
The Hidden Risks of Missteps in Disciplining Employees in Vietnam For foreign employers managing teams in Vietnam, one of the most daunting tasks is disciplining employees in Vietnam. The fear of doing it wrong lingers at the back of every employer’s mind, what if I miss a step? What if my decision is overturned because …