AMENDING AND SUPPLEMENTING A NUMBER OF ARTICLES OF THE LAW ON INTELLECTUAL PROPERTY
THE NATIONAL ASSEMBLY __________ No. 36/2009/QH12 SOCIALIST REPUBLIC OF VIET NAM Independence – Freedom – Happiness __________________ …
How to Transfer Investment Capital into Bank Account Vietnam?
Foreign investors must transfer money in and out through the Direct Investment Capital Account (DICA) for investment capital contribution. FDI enterprises, foreign investors participating in business cooperation contracts, foreign investors implementing investment activities in Vietnam in the direct foreign investment forms in accordance with current provisions of law on investment should comply with the provisions of the investment …
Forms of Investment in Vietnam
Foreign investors when setting up business in Vietnam need to be advised by a law firm in Vietnam on forms of investment. According to the Vietnam Law on Investment (2005), foreign investors in Vietnam through direct investment and indirect investment. The direct investment is when the investor invests its invested capital and participates in the …
Vietnam Restructures Electricity Sector with Vision into 2025
Vietnam has been increasingly needing energy for industry development and consumption and therefore investment in building plants are encouraged by governments in all forms, especially with sources from Public Private Partnership. The nuclear energy has not been approved by Vietnam National Assembly in 2016. Vietnam has now more depending on up-coming thermal coal power plant construction …
Cosmetic Product Information Dossier
Vietnam Law provides that every cosmetic product must get a Product Information File (PIF) when delivered to the market in accordance with ASEAN’s instruction which is saved at the address of organizations or individuals who are responsible for putting the product on the market. The Product Information File involves of the following 04 parts: administrative …
Aviation and Aviation Support Service in Vietnam
Foreign investors could promote and participate in aviation and aviation related services in Vietnam through setting up representative office, setting up company, engaged in business cooperation contract or joint venture. Civil aviation industry in Vietnam has really developed in the last 20 years. Until now, many Vietnam domestic airlines provide aviation services such as Vietnam Airline, Vietjet …
Conditions of Setting up Import and Export Company in Vietnam
Before Vietnam joined World Trading Organization (WTO), distribution and import, export activities conducted by foreign owned entities are strictly regulated by Vietnam government. As such, foreigners could only conduct the import of goods through the Vietnam agents. Since 2007, Vietnam has become an official member of WTO and it had to commit a route to open local market …
Vietnam Loosen Laws on Casino and Gaming Allowing Vietnamese to Try Luck
On 16 Jan 2017, Vietnam Prime Minister issued Decree 03/2017/ND-CP on casino including investment conditions and procedures of foreign investment in service, tourism, and entertainment with casino, including investment registration of foreign investors, business operation license eligibility, and notable three-year pilot plan that allow the Vietnamese playing in the casino. Vietnam has allowed investment in …
Forms of Disputes and Approaches to Settlement in Vietnam
Dispute in Vietnam could be between parties in business transaction, foreign investors and Vietnam government, or between countries in implementing international treaties. The formation of market economy in Vietnam took place in the context of the development in the width and depth of the economic ties at a significant fast pace that make Vietnam an …
What Lawyers Should Not Promise in Vietnam?
Lawyers in Vietnam have to follow the law in order to provide good legal services to clients. In Vietnam, the law has continuously played an important role in the life and contribute to protect and maintain the stability and development of society. In the trend of integration of the world economy, the role of the …