Investment in the form of Public-Private Partnership is an investment form that is carried out on the basis of a project contract between a competent state agency and an investor or project enterprise for the construction or renovation, operation, infrastructure management and public service delivery. This is a form of investment that can mobilize both … Read More
Investment projects in Vietnam could be evaluated and approved for business setting up at top level of the government, at ministerial levels or at the provincial levels. The licensing authorities for business setting up in Vietnam has been divided to distribute workloads at different state agencies with aim to speed up the process and attract more quality investment projects in Vietnam. In … Read More
Legal Based: Law on Accounting 2015; Circular 297/2016/TT-BTC on granting, management and usage of certificates of eligible for providing accounting services. 1. Form of business a. An accounting firm may be established in the form as follows: A multi-member limited liability company; A partnership; A private enterprise. The accounting firm must not contribute capital to … Read More
Vietnam is planning to adopt a new law, which forms the basis for the establishment of venture capital funds in the country and calling for more money to invest in startup activities, which is being strongly encouraged. According to Deal Street Asia, Vietnam will target growth rate of 7% per year until 2020. The draft … Read More
Vietnam Investment Law 2014 taking effect from July 1st, 2015, replaces the Investment Law 2005 with notable improvements, especially the provisions on business registration in investment projects which foreign investors making investment in Vietnam or setting up business in Vietnam are welcome. The new Vietnam Investment Law in 2014 has brought up the concept of “business investments” to … Read More
On Jul 31st, 2015 the Trans-Pacific Partnership (TPP) negotiation ended without a resolution although a great progress has been made. The sad thing is that “they finished the part of the agreement that would raise environmental standards in Vietnam, Malaysia and the other countries in the bloc” according to The Wall Street Journal. It is … Read More
On November 26th, 2014, the new version of Law on Enterprises has been adopted by Vietnam’s National Assembly. The act will come into effect on July 1st, 2015 and replace Law on Enterprises 2005. It comprises 10 chapters and 213 articles, which seek to improve Vietnamese business environment. Key points of the amendment include. Company … Read More
THE NATIONAL ASSEMBLY Law No. 67-2014-QH13 SOCIALIST REPUBLIC OF VIETNAM Independence – Freedom – Happiness … Read More
Although investment is encouraged in Vietnam, there are sectors banned to invest in Vietnam which foreign investors need to be advised and considered when setting up business in Vietnam. The list of investment sectors banned in Vietnam has been issued with Decree 108/2006/ND-CP dated September 22nd 2006 of the Government on guiding the implementation of some Articles in … Read More
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