Banking market entry into Vietnam

Vietnam’s banking sector has shown significant improvement which results from stable inflation and interested rate

Thứ Tư, 30 tháng 9, 2020

Vietnam Expects to Attract High Quality Capital Flow from Sweden

The interest of Swedish investors is opening the future for a new wave of investment from this country to invest in Vietnam.Although being one of the earliest investor communities present in Vietnam, it is not until recent years that the names of enterprises from Sweden really caught the attention.If before, when talking about Swedish investment, one could know ABB Group,...

Vietnam Loosen Laws on Casino and Gaming Allowing Vietnamese to Try Luck

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...

Thứ Hai, 28 tháng 9, 2020

VietNam opens up logistics sector to foreign companies

HCMC – Foreign investors will be given the go-ahead to set up companies in Vietnam, but with conditions on ownership and services, according to Government Decree 163 on logistics services which will come into force on February 20.Foreign investors are given the green light to establish maritime shipping companies, except for domestic services.They are required to meet some...

Chủ Nhật, 27 tháng 9, 2020

Vietnam Restructures Electricity Sector with Vision into 2025

Vietnam has been increasingly needing energy for industry development and consumption and therefore investment in building plants are encouraged by governments in all forms, especially with sources from Public Private Partnership.The nuclear energy has not been approved by Vietnam National Assembly in 2016. Vietnam has now more depending on up-coming thermal coal power plant...

Thứ Ba, 22 tháng 9, 2020

Visa, Work Permit and PIT – What Enterprises Should Consider When Employing Foreign Workers in Vietnam

Enterprises employing foreign workers in Vietnam should be aware of issues on visa, work permit, liability of enterprise related to Personal Income Tax (PIT) of the foreign employee as declaration, payment and finalization to ensure legal compliance.VisaForeigners eligible working in Vietnam are foreign investors who contribute capital to set-up company in Vietnam, chief representative...

Thứ Hai, 21 tháng 9, 2020

What a Law Firm Could Assist in an M&A Deal?

M&A, abbreviated by Mergers and Acquisitions is expanding in both quantity and volume in Vietnam in many sectors. Successful M&A deals depend on various factors and legal due diligence, and drafting agreements are important processes in Vietnam.For investors who are interested in M&A deals in Vietnam as buyer or seller,it is important to hire a law firm that will...

Thứ Tư, 16 tháng 9, 2020

What Are Obligations of Using Patent and Trademark?

When applicants of invention or mark are granted a patent or trademark certificate, they are obliged to use these subjects. The reason for this provision is, the owner may not use patents or trademarks in practical causing difficulties for the person who would like to use the patent and trademark in reality but cannot register as others have already registered.According to...

Thứ Ba, 8 tháng 9, 2020

What are Regulations on Collection and Use of Personal Information Under Cyber Information Law?

According to Article 17, Law on Cyber Information Security 2015, the collection and use of personal information are regulated as following: 1. Organizations and individuals that process personal information shall: a/ Collect personal information only after obtaining the consent of its owners regarding the scope and purpose of collection and use of such information; b/...

Thứ Hai, 7 tháng 9, 2020

What Goods Allowed to Be Imported into Vietnam?

Foreign owned companies in Vietnam wishing to import and distribute physical goods into Vietnam must comply with many regulations. It is imperative that the right to conduct import business of foreign investors and FDI companies differ from the right of Vietnamese traders having no foreign direct investment capital because trading activities are considered conditional...

Chủ Nhật, 6 tháng 9, 2020

What Conditions to File Divorce Petition?

Divorce means termination of the husband and wife relation under a court’s legally effective judgment or decision. What is the condition of divorce? Firstly, we need to know about subjects being entitled to request divorce settlement. That is husband or wife or both having the right to request divorce settlement from a Court; a parent or other relatives has the...

Thứ Năm, 3 tháng 9, 2020

What Important Step-by-Step Guide to Establish Company in Vietnam?

When foreign investors invest in Vietnam, they could establish company in Vietnam. Foreign investors have the right to choose the appropriate forms of enterprise such as a limited liability company, joint stock company, etc. with specific steps are as follows: Step 1: Register the investment project Investors submit an investment project registration file to the...