Under Vietnam law, a cosmetic product made in Vietnam or imported into Vietnam must go through procedure of proclamation before being sold on the market. Organizations or individuals distributing the cosmetic product on the market are only permitted when being granted the number of cosmetic product proclamation from the authority agencies. Such organizations or individuals are also responsible …
Law on Enterprise is one of the most important acts passed last year by Vietnam National Assembly which will take effect in 2015. In the newly released Law on Enterprises, several significant changes include: the company is required to inform changes in manager identity to the licensing authority if there is any changes in name, …
NATIONAL ASSEMBLY No.22/2000/QH10 SOCIALIST REPUBLIC OF VIỆT NAM Independence – Freedom – Happiness Hà Nội, June 9, 2000 THE MARRIAGE AND FAMILY LAW PREAMBLE Families constitute cells of the society, cradles where men are brought up, and an important environment for personality formation and education, contributing to the construction and defense of the …
THE NATIONAL ASSEMBLY Law No. 67-2014-QH13 SOCIALIST REPUBLIC OF VIETNAM Independence – Freedom – Happiness …
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 …
The Vietnam Intellectual Property Law No. 50/2005/QH11 stipulates copyright, copyright-related rights; industrial property rights; rights in plant varieties and for the protection of these rights. This law applies to Vietnamese organizations and individuals, foreign organizations and individuals that satisfy the requirements stipulated in this Law and international treaties to which the Socialist Republic of Vietnam is …
Proportional to Vietnam’s rapid development in various areas of its economy, the telecommunication industry has undergone through rapid development and has become a key economic sector for the country. Legal regulations on telecommunications have also been evolving to support the business practice in Vietnam. Various regulations on the telecommunication business, for instance the Ordinance of …
The Vietnam Penal Code No. 15/1999/QH10 has been promulgated on Dec 21st, 1999 with effective date from Jul 1st, 2000 (Penal Code 1999). This Penal Code has been revised by the Vietnam Penal Code No. 37/2009/QH12 on Jun 19th, 2009 with effective date from Jan 1st, 2000 (Penal Code 2009). PENAL CODE (No. 15/1999/QH10) FOREWORD …
Foreigners working in business set-up in Vietnam are expatriates which are normally required work permit in Vietnam. As the Vietnam law’s restrictions to encourage employment of local employee over foreign employee, normally, the employment of an expatriate is limited to a managerial position or to a position which Vietnamese employee are not yet qualified. There are exemption of work permit …
Foreign investors whom set up company in Vietnam always face challenges to understand the tax system in Vietnam. The below briefly explains type of taxes in Vietnam for regular enterprises. In special cases, foreign enterprises are suggested to consult with tax lawyers in Vietnam before establishment and during the operation to ensure compliance Major taxes which enterprises including both …
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