In the period of global economic integration, especially Post-Covid-19 era, Vietnam – a developing country is considered one of the countries with potential markets that foreign investors choose to establish the business here taking advantage of the government policy to promote the economy i.e. “new normal” adaption living with Covid-19, quick opening of border allowing … Read More
Start-up company is a topic that is receiving much attention in Vietnam, especially in the context of the country’s strong integration with the world economy. Starting a business is expected to create economic growth, make a positive contribution to socio-economic development. From start-up ideas gradually appears startup businesses in Vietnam. Every year, Vietnam has hundreds … Read More
In an era marked by global geo-political shifts and economic uncertainties, Vietnam has emerged as a standout destination for international investors making investment and setting up company. This is attributed to its vibrant economic growth, strategic geographical positioning, and progressive government reforms aimed at fostering a conducive business environment. For those contemplating setting up company … Read More
Shareholders are individual or organization that owns at least one share of the joint-stock company and also are owner of the joint-stock company. Along with these roles, their interests are tied to business operations although they may not directly manage the day-to-day company affairs. In order to implement governance, the powers and responsibilities of each … Read More
Decree No. 38/2020/ND-CP detailing the implementation of a number of articles of the law on Vietnamese workers working abroad under contracts has been signed by the Government on April 3, 2020 taking effect from May 20, 2020. This Decree prescribes the areas and jobs workers must not go to work abroad; licenses, conditions and procedures … Read More
In order to expand business to the world market, the company should prepare the legal foundations before entering the foreign market or launching any products or services in another country. Many Vietnam companies aims to enter US market but there are opportunities and challenges. One of our many issues are legal risks in intellectual properties … Read More
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 … Read More
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 … Read More
According the Vietnam Law on Enterprises, there are four common types of companies: Private enterprise is an enterprise owned by an individual who is liable for all of its operations with his/her entire property; Partnership is an enterprise in which (i) there are at least two partners who are co-owners of the company, jointly conduct … 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
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