Compared to current Vietnam labour code, the draft of Vietnam employment regulations proposed by Ministry of Labour, Social and Invalids has significant amendments. The proposed amendments to the Vietnam employment regulations, particularly concerning the governance of employment loan funds, can be traced back to several key motivations and strategic considerations integral to the country’s socio-economic …
Business Opportunity and Vietnam Functional Food Registration Imagine a future where families across Vietnam can afford products that not only nourish their bodies but actively improve their health. As incomes rise, access to functional foods, dietary supplements, and other nutritious options becomes a reality for millions. These products have the potential to reduce illness, boost …
For foreign investors and businesses expanding into Vietnam, understanding noncompete agreement in Vietnam is essential to protect business interests while complying with local legal standards. Whether you are hiring local employees, partnering with Vietnamese businesses, or acquiring companies in the region, noncompete clauses play a key role in safeguarding trade secrets, market share, and goodwill. …
The Vietnam Law on Export and Import Duties and Law on Foreign Trade Management set forth the regulations on foreign trade management measures including anti-dumping taxes, to regulate and foster a healthy environment for international trade while protecting domestic industries, aimed to ensure that Vietnam’s economic interests are safeguarded, and the country’s trade policies are …
In the vibrant and rapidly growing real estate market of Vietnam, properties stand as some of the most valuable assets for both locals and foreigners. However, the Vietnamese typically refrain from seeking legal assistance until disputes arise. In contrast, foreign investors are more proactive, often engaging solicitors for buying property in Vietnam to mitigate risks …
When a company decides to invest in Vietnam, one of the first steps is to open business bank account in Vietnam to facilitate the receipt of investment funds. To open business bank account in Vietnam is crucial for paying for services and managing the business operations within the country. Vietnam as Attractive Destination For Investment …
Trademark registration in Vietnam is a critical step for businesses aiming to protect their brand and intellectual property in this rapidly growing market. However, navigating the registration process can be fraught with challenges and potential pitfalls. Understanding these common pitfalls and how to avoid them can save businesses significant time, money, and legal hassles. We …
Why Open Company in Vietnam Attractive? Amid the current geopolitical conflicts worldwide, Vietnam continues to emerge as a favorable destination for business ventures. Foreigners increasingly find Vietnam an attractive option to invest and open company in Vietnam due to its relatively low costs and strategic location, making it a viable base for providing services to …
Opening a business in Vietnam has increasingly become a opportunity for foreign investors, thanks to the country’s strong economic growth, strategic location in Southeast Asia, and proactive government reforms aimed at improving the business climate. However, venturing into the Vietnamese market involves navigating through various cultural, legal, and procedural intricacies. The following aims to provide …
After thirteen years of implementation, the Law on Medical Examination and Treatment No. 40/2009/QH12, amended by Law No. 21/2017/QH14, has significantly enhanced Vietnam’s healthcare system. This legislation has created an essential legal framework that has improved state management in healthcare, elevated the quality of medical services, and introduced Vietnam to modern, world-class medical techniques. The …
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