Banking market entry into Vietnam

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

Thứ Tư, 28 tháng 12, 2022

Forms of Company to be Set-up in Vietnam | ANT Lawyers

 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 business under one common name;...

Thứ Hai, 26 tháng 12, 2022

Authorized Representative of the Company Under New Law on Enterprises | ANT Lawyers

 In order to raise the standard of business environment in Vietnam, Law on Enterprises 2015 reduced many administrative procedures of establishing and running a business, including the representative authorization of the member or shareholder of the company.One of the distinguished amendments: authorized representative of the member or shareholder which is legal entity...

Thứ Sáu, 23 tháng 12, 2022

Cosmetics Product Proclamation in Vietnam | ANT Lawyers

 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...

Thứ Sáu, 16 tháng 12, 2022

Employer’s Obligations on Recruitment, Labor Management and Labor Declaration under | ANT Lawyers

 Labour and employment compliance are continuous process which has no ending and there is no reason to stop.In order for the companies in Vietnam to improve the effectiveness of its compliance in labour and employment in Vietnam, it is always important to pay attention to the details and fix the pending matters one by one. Labour and employment lawyers in Vietnam would...

Thứ Tư, 14 tháng 12, 2022

Foreigner Can Buy House in Vietnam | ANT Lawyers

 As investment in properties oversea is a big decision, it is suggested the investor consult with real estate lawyer in Vietnam to help checking the eligibility of the developer, the construction permits and other legal documents granted for the project. It is important to review the transaction documents in regard to deposit agreement, sales agreements and other agreements...

Thứ Năm, 8 tháng 12, 2022

Food and Food supplements registration in Vietnam | ANT Lawyers

 Proclamation of quality specifications of imported food and food supplementsTo ensure imported food and food supplements are safe to eat, as well as to protect consumer through the control of imported food and food supplements quality, the Vietnam Food Registration Agency requests the imported food and food supplements to be complied with the proclamation standard procedures.ANT...

Food and Food supplements registration in Vietnam | ANT Lawyers

 Proclamation of quality specifications of imported food and food supplementsTo ensure imported food and food supplements are safe to eat, as well as to protect consumer through the control of imported food and food supplements quality, the Vietnam Food Registration Agency requests the imported food and food supplements to be complied with the proclamation standard procedures.ANT...

Thứ Ba, 6 tháng 12, 2022

Birth Registration with Foreign Element | ANT Lawyers

 From January 1st 2016, the Law on Civil Status of 2014 went into effect, replacing other documents on the registration and management of civil status. Accordingly, the law has clearly defined the authority for registration and management of civil status of the Commune People’s Committee and the District People’s Committee. Commune People’s Committee in charge of the...

Thứ Năm, 24 tháng 11, 2022

High-tech Crime in Vietnam | ANT Lawyers

The Vietnam Public Security have arrested a number of foreigners using of fake ATM cards to withdraw money in Vietnam in both Hanoi and Ho Chi Minh City.Through the Vietnam Foreign Affairs Department, the Public Security will inform the respective foreign Consulate in Vietnam and the family of the foreigners commited crime to invite lawyers in Vietnam to cooperate...

Adding Foreign Subjects to Own Resident Houses in Vietnam | ANT Lawyers

 The Draft Law on House (amended) has currently taken lots of attentions of not only investors but residents. One of the significant amendments is provision on house ownership of foreign organizations, individuals.According to Articles 161, 162, 163 of Draft Law, there are 3 cases that the foreigners may own resident houses in Vietnam as following:- Foreign organizations,...

Thứ Ba, 22 tháng 11, 2022

Reduction of tax rates for import from Japan and ASEAN countries | ANT Lawyers

 Implementation of Agreement on ASEAN Japan Comprehension Economic Partnership (AJCEP) and Vietnam Japan Comprehension Economic Partnership (VJCEP), Ministry of Finance issued Circular No. 02 20/2012/TT-BTC and Circular No. 21/2012/TT-BTC dated 15.02.2012 giving instructions on the new special preferencial import tariff.Accordingly, from the date of Apr 1st, 2012, import...

Chủ Nhật, 20 tháng 11, 2022

Condition of foreign vehicles entering Vietnam for tourism | ANT Lawyers

 Vietnam is an attractive destination for foreign tourists. Year to year, more and more tourists from many countries enter Vietnam for tourism. Vietnam laws are improving to open the regulations relating to tourism in order to develop this area.Decree 152/2013/ND-CP on management of foreign vehicles of foreigners entering Vietnam for traveling takes effect on...

Thứ Năm, 17 tháng 11, 2022

Types of Criminal Record | ANT Lawyers

 As regulated in Clause 4, Article 2 of the Law on Criminal Record, criminal record is a document issued by the Department of Justice or the National Centre for Criminal Record, which have the value to demonstrate that a person is with or without a criminal conviction; is prohibited or not prohibited from holding position, managing or establishing business or...

Thứ Ba, 15 tháng 11, 2022

Change of Child Raising Person after Divorce | ANT Lawyers

 When divorce, children raising issue is very important and is always considered by the parties. Typically, parents always want the best for their children. However, there are also cases that the person who is raising that child unable to provide comprehensive benefits for the child. Then the person who is not directly raise the child may request for caregiver to ensure...

Chủ Nhật, 13 tháng 11, 2022

Does Tenancy Agreement Need to Be Notarized? | ANT Lawyers

 Housing rental contracts are made and implemented by the lessee and the lessor, including the conditions and responsibilities of the two parties to the rental housing, the terms stated in the contract is right with the prior agreement of the two sides.Article 492 the Civil Code 2005 provides for the form of lease agreement as follows: “Housing rental contract must be...

Thứ Sáu, 11 tháng 11, 2022

Five types of real estate contracts abolished mandatory notarization procedure | ANT Lawyers

  According to the regulation of Civil Code 2015, some of the transactions which are required to implement the process of notarization and registration according to the regulation of the laws. As real estate transactions are normally at high value, the process of notarization and registration would help parties involved to be protected from falsified transactions.As...

Thứ Năm, 10 tháng 11, 2022

Cosmetics Safety Requirement in Vietnam | ANT Lawyers

 Cosmetics safety has always been concern when such are on sale in an open market.Compatible with the Combination Convention in the cosmetic management which has been signed by countries are member of the Association of Southeast Asian Nations on September 2nd, 2003 (ASEAN Cosmetic Convention), Vietnam law not only requires the organization or the individual which delivers...

Thứ Hai, 7 tháng 11, 2022

 These are rules for cosmetics labeling to follow in Vietnam:For cosmetic label content, Vietnam Law provides that the cosmetic product’s label must be suitable for requirements of the cosmetic label writing set by the ASEAN. The following contents must be presented on the label:The product’s name and function, unless the presented form of product has been displayed clearly...

Thứ Hai, 31 tháng 10, 2022

New Vietnam Real Estate draft law giving more rights to foreigners in Vietnam | ANT Lawyers

 ANT Lawyers’ real estate legal practice gives client legal advice on real estate legal matters in Vietnam. We are keeping track with changes in the Vietnam legal environment to ensure giving our client the best advice.Real estate market in Vietnam is experiencing a difficult time. The government has realized that there is a huge demand from the foreigners and oversea...

Thứ Năm, 27 tháng 10, 2022

Cosmetics Workshop, Event Organizing Registration Services | ANT Lawyers

 In addition to the cosmetics advertising on mass media such as television, radio, electronic portals (Internet, Website), books, newspapers, magazines, flyers, posters, underwater objects or other means of advertising, the cosmetics business can make or sponsor, authorize other entities to carry out workshop activities to introduce cosmetic products.The cosmetic businesses...

Thứ Ba, 25 tháng 10, 2022

Hanwha Techwin Company (Korea) Wants to Invest in Bac Ninh | ANT Consulting

 Vietnam has always been an ideal investment destination for many foreign companies to come and set up business in Vietnam.Currently, Mr. Yang Jin Seol, CEO of Hanwha Techwin Company (Korea) came to Bac Ninh to survey and explore the investment environment in Bac Ninh province.Working with the Chairman of Bac Ninh Province, Mr. Yang Jin Seol said that Hanwha Techwin...

UK Company Interested in Vietnam Aviation Market | ANT Consulting

 NATS (National Air Traffic Solutions), a UK-based aviation solutions provider, has showed its ambition to set up company in Vietnam and enter the Vietnam aviation market. In addition, NATS is interested in Long Thanh Airport.NATS is headquartered in the UK but the company is also present in Asia and is currently implementing a globalization strategy. NATS is...

Chủ Nhật, 23 tháng 10, 2022

Establishing Distribution Company in Danang | ANT Consulting

 Da Nang is a city in the Central of Vietnam, with the advantage of being a trading place of many countries in the world. Danang has a large seaport in the top 10 large seaports of Vietnam, facilitating trading activities with many countries around the world.At the present, Da Nang is promoting foreign investment into Da Nang, and many investors have chosen Da Nang to...

Thứ Sáu, 21 tháng 10, 2022

Vietnam attracts Korean investment in research and development | ANT Consulting

 In recent times, the investment shift out of China is being carried out by many international investors. Vietnam is a country that has enough factors to receive investment shift, especially in the manufacturing sector with low-cost labor and low expenses. However, at present, Vietnam has changed its method of attracting FDI, instead of taking advantage of low expenses...

Thứ Năm, 20 tháng 10, 2022

Why should you need to research the partner before signing the contract? | ANT Consulting

 It is important to find and work with a capable and long-term partner to build confidence doing business in a safely and effectively way for all parties, and avoid potential risks. In order to be guaranteed their legitimate rights and interests, individuals and organizations conducting business need to have a clear understanding of their partner before cooperating, in...