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
NATIONAL ASSEMBLY No. 60-2005-QH11 SOCIALIST REPUBLIC OF VIỆT NAM Independence – Freedom – Happiness Hà Nội, November 29, 2005 LAW ON ENTERPRISESS Pursuant to the 1992 Constitution of the Socialist Republic of Việt Nam as amended and supplemented by Resolution 51-2001-QH10 dated 25 December 2001 of Legislature X of the National Assembly at its 10th session. This … Read More
In the dynamic and increasingly complex business environment of Vietnam, the role of legal counsels of company entering Vietnam market has evolved significantly. Moving beyond merely managing legal risks, they are now pivotal in partnering with businesses to navigate the multifaceted legal landscape, ensuring compliance, and driving strategic decisions. This evolution underscores the importance of … Read More
Navigating the complex world of commerce in Vietnam requires a deep understanding of the foundational principles as outlined by the Commercial Law. This law establishes six core principles which are vital for anyone engaged in commercial activities. These principles form the bedrock upon which trade is conducted, ensuring fairness, transparency, and legal certainty. 6 Principles … Read More
Vietnam, with its burgeoning economy and vibrant culture, is increasingly attracting foreign investors, expatriates, and tourists. However, navigating the Vietnamese legal landscape can be challenging due to language barriers and complex local regulations. This is where English speaking solicitors in Vietnam come into play. They provide crucial legal assistance, ensuring that foreigners can seamlessly integrate … Read More
Vietnam’s burgeoning market economy is not just a hub of entrepreneurial activity but also a complex legal maze where foreign investors must navigate carefully to remain compliant. At the heart of this maze are competition counsels, who act as both navigators and interpreters of Vietnam’s Competition Law. Competition Counsels Help Understand Regulations Competition counsels hold … Read More
Understanding Patent Application Assignment in Vietnam In essence, a patent application assignment signifies the transfer of ownership rights for a patent application from one party (assignor) to another (assignee). This is relevant in scenarios where: The inventor is not the one filing the application (e.g., an employee assigning rights to their employer). A company acquires … Read More
In the era of globalization, establishing a new business in Vietnam can be an attractive venture for many entrepreneurs. The process, known as business registration in Vietnam, has been simplified over the years, yet it still requires careful attention to comply with local laws and regulations. This article will guide you through the process of … Read More
In today’s global market, establishing a strong brand identity is crucial, and a legally protected trademark is the cornerstone of any successful brand. Especially in a vibrant and growing economy like Vietnam, where new opportunities and challenges abound, understanding how to register a trademark in Vietnam is essential. This guide provides a detailed walk-through of … Read More
In the rapidly evolving corporate landscape of Vietnam, shareholder disputes have emerged as a significant challenge, affecting the harmony and operational efficiency of joint-stock companies. These conflicts, ranging from disagreements over rights and obligations to disputes regarding the management and operation of business activities, underscore the complexity of navigating corporate governance. Given the stakes involved, … Read More
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