SET UP AND INVEST
Starting a business in Vietnam
Plan the entity, licenses, funding and practical steps needed before launch.
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The 66th Asian Business conference in Danang
On July 4th, 2019 the People’s Committee of Da Nang organized the 66th Asian Business Conference about business cooperation between Vietnam and Japan. Representatives of 60 Vietnamese enterprises and 130 enterprises from Japan attended showing intersts in economic cooperation. The representatives of Japanese companies provided many useful information about business investment cooperation opportunities in the fields …
Officially Issuing the Schedule of Tariff Concessions for Import and Export to Implement CPTPP Agreement
On June 26th, 2019, the Government issued Decree No. 57/2019/ND-CP on Preferential tariff for export, Special preferential tariff for import to implement CPTPP Agreement from 2019 to 2022. CPTPP has come into force as of January 14th, 2019, however, the Decree 57 is the official legislation incorporating CPTPP’s commitment into national laws. Tariff concessions applying …
Danang Attracts Investment in Tourism-related Services
Danang City always fulfills its goal of developing into a tourist city, so tourism support activities are always prioritized for development. With the above advantages, Danang is the destination of many domestic and foreign investors to develop hospitality real estate, tourist services and tourism-related services i.e. retail of food and beverage… In 2018, Da Nang …
Possible Anti-dumping Investigation on Biaxial Oriented Polypropylene (BOPP) Film Products
According to Trade Remedies Authority of Vietnam (Ministry of Industry and Trade), they received the dossier on the request of investigation of applying the use anti-dumping measures on BOPP made in China, Thailand and Malaysia from 2 companies are Hung Nghiep Formosa Co.,Ltd and Youl Chon Vina plastic Joint stock company. On June 12th, 2019, …
EU-VIETNAM Free Trade Agreement (EVFTA) and Investment Protect Agreement (IPA)
On June 30, 2019 the European Council (EC) and Vietnam signed the EVFTA and IPA. This is the largest free trade Agreement which Vietnam signed which reaches 28 economies European countries. EVFTA is separated into two agreements, including Trade agreement and Investment agreement. In August, 2018, EU announced the official document of the Free Trade …
The Valid Transfer Date of Member or Shareholder Rights of Buyer Arising from M&A
The specific time for transferring ownership right of asset is very important in all contracts. This time affects the lawful rights and obligations of not only seller, purchaser but also of the third party. The most-important principal of civil law is the recognition and respect of agreement between the related parties. It means that the …
The Note of New Provisions of Law on Planning Decree No.37/2019/ND-CP
The Law on Planning 2017 has been effective from January 01st, 2019. On May 07th, 2019, the Decree no. 37/2019/ND-CP details some articles of Law on planning is effective. This Decree details some articles of Law on Planning including the Article 15,17,19,24,25,26,27,30,40,41 and 49 of Law on Planning. This Decree applies to organizations and individuals …
P2P Lending – The new Form of Credit Extension in Financial Technology Era
Peer to Peer Lending (P2P) has becoming more popular in many countries. This form first appeared in the UK since 2005, then succeeded in the US and China markets. By 2017, P2P lending businesses start to appear in Vietnam in different forms. Three subject matters in P2P lending relation include: investor (or lender), intermediary company …
ANT Lawyers Participating in ASEAN Rail Infrastructure & Expansion 2019
Date: Thursday, 30 May 2019 – Friday, 31 May 2019 Time: 8:00am – 6:00pm Venue: Melia Hanoi, 44 Lý Thường Kiệt, Trần Hưng Đạo, Hoàn Kiếm, Hà Nội In the year 2017, ANT Lawyers, a law firm in Hanoi has been participating in the event of GRS Rail Extension Summit and Thomas Giglione presented about …
Handling Labour Matters in Post M&A Transaction
While undertaking M&A transaction, the buyer may face legal risks regarding license, assets, compliance, including labor matters. One of the challenges of the buyer post M&A is the integration of the labour force into the new structure while ensuring rights and interests of their existing employee complying with the laws. When negotiating a deal, the …