Banking market entry into Vietnam

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

Thứ Sáu, 27 tháng 1, 2023

How Vietnam Has Simplified Procedures to Register Business in Vietnam in 2023? | ANT Lawyers

By the end of 2019, there have been more than 30,000 FDI projects choosing Vietnam for investment, with a total registered capital of about 362 billion USD. Recently, business propensity of Vietnam is highly concentrated on the private sector, attracting foreign investors to the Vietnam market.As Vietnam has built diplomatic relationship with nearly 190 countries around the...

Thứ Năm, 26 tháng 1, 2023

What Are the Advantage of Foreign Investors in Setting up Business in Vietnam in 2023? | ANT Lawyers

 Located in an important position of Southeast Asia, Vietnam has a long coastline of more than 3,000 km. With a diverse geographical structure interspersed with mountainous, highland and coastal areas suitable for general economic zones, Vietnam has ideal conditions to develop the trade and tourism industries. When setting up business in Vietnam, investors can enjoy financial...

What Attention for Filing PCT Patent Application in Vietnam in 2023? | ANT Lawyers

  There are individuals and companies that believe that by filing a trademark, patent or industrial design application in the host country, they will automatically receive worldwide protection. However, in fact, intellectual property rights are territorial related and Intellectual Property (IP) government offices only grant protection titles according to the laws...

What Deadlines for Submitting Labour Reports of Enterprises in Vietnam in 2023? | ANT Lawyers

 After the establishment of the company in Vietnam, every year, the employer will need to submit some types of labor reports to the competent authorities. This is a mandatory submissions in Vietnam that the enterprises must perform so as the authorities could follow up and undertake the governance in terms of labour law compliance in Vietnam. Each compliance officer of...

What Deadlines for Submitting Labour Reports of Enterprises in Vietnam in 2023? | ANT Lawyers

 After the establishment of the company in Vietnam, every year, the employer will need to submit some types of labor reports to the competent authorities. This is a mandatory submissions in Vietnam that the enterprises must perform so as the authorities could follow up and undertake the governance in terms of labour law compliance in Vietnam. Each compliance officer of...

Thứ Ba, 24 tháng 1, 2023

Real Estate Legal Matters in Vietnam | ANT Lawyers

 In general, it is not permitted to own land in Vietnam as a private entity because the land belongs to the people and the State of Vietnam thereby operates as the administrator.However an ownership of a right to use land is permitted according to Vietnamese Law. This so-called Land Use Right (“LUR”) Certificate provides the means to lease land from the State for Vietnamese...

What Has Changed in Vietnam Investment Law 2014? | ANT Lawyers

 The new Investment Law 2014 announced by Vietnam Government on December 26th, 2014 has come into effect on July 1st, 2015. The new law introduces changes which include more opening policies for foreign investors to establish and set-up businesses in Vietnam.What makes foreign investors hesitate to invest and set-up business in Vietnam? The administrative problems...

Thứ Hai, 23 tháng 1, 2023

Vietnam and ASEAN Cosmetic Regulations | ANT Lawyers

 Vietnam cosmetic regulations are compatible with the ASEAN cosmetic regulations.On September 2nd 2003, on behalf of the Government of Vietnam, the Vietnam Minister of Trade and Commerce signed an agreement on the ASEAN harmonized Cosmetic Regulatory Scheme, in which, the terms specified in the agreement is fully implemented since January 1st, 2008.The agreement...

Thứ Sáu, 20 tháng 1, 2023

Simplifying the Procedure for Foreigner to Reside in Vietnam | ANT Lawyers

  For foreigners wishing to come to Vietnam to work and reside temporarily, they need to either set-up a company in Vietnam or work for others. The owner of the company does not need a work permit but still need to apply for temporary residence card.However, the foreign employee will need the employer to sponsor the work permit in Vietnam before...

Thứ Năm, 19 tháng 1, 2023

Cosmetic Regulations in Vietnam 2015 Webinar | ANT Lawyers

 ANT Lawyers has teamed up with Chemlinked, a cosmetics portal to organize a Webminar on the topic of “Overview of Cosmetics Regulations in Vietnam 2015” on May 27th, 2015.Mr Tuan Nguyen, an attorney at law of ANT Lawyers, a law firms in Vietnam will walk you through the regulations of cosmetics in Vietnam in general in the endeavor to comply with the ASEAN harmonized...

Thứ Sáu, 13 tháng 1, 2023

Notable Changes of Vietnam Law on Enterprises | ANT Lawyers

 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 seals will be made optionalPursuant...

Thứ Năm, 12 tháng 1, 2023

Cases Are Rejected When Get Married with Foreign Element | ANT Lawyers

 The law of Vietnam prescribed quite detail about the marriage with foreign elements.The registration of marriage with foreign elements will be rejected in the following cases:-One or both parties are not old enough to get married under the laws of Vietnam-The foreign applicant is not old enough to get married under the laws of the country of which he/she is a citizen...

Thứ Ba, 10 tháng 1, 2023

Report the Demand to Use Foreign Workers in Vietnam | ANT Lawyers

 In order to manage the usage of foreign workers in Vietnam, the Vietnam state authority has requested employers to provide explanation for such need to use foreign workers.This will be the preliminary procedure before applying for work permit in Vietnam then temporary residence card in Vietnam for foreigners. The report of demand to use of foreign...

Foreign Investors May Be Allowed to Hold 60% Shares | ANT Lawyers

 A new decision has been proposed to the Prime Minister with a number of changes that encourage foreign investors to make investment in Vietnam and in the meantime improve the financial market to catch up with international standard.ANT Lawyers’ foreign investment practice always follow the change in legal environment to assist our client with the best service....

Thứ Hai, 9 tháng 1, 2023

Notable Improvements in Vietnam Investment Law 2014 | ANT Lawyers

 Vietnam Investment Law 2014 taking effect from July 1st, 2015, replaces the Investment Law 2005 with notable improvements, especially the provisions on business registration in investment projects which foreign investors making investment in Vietnam or setting up business in Vietnam are welcome.The new Vietnam Investment Law in 2014 has brought up the concept...

Thứ Sáu, 6 tháng 1, 2023

News on the Procedure of Marriage Registration with Foreign Element | ANT Lawyers

Vietnam law recently has some new regulations on the procedure of marriage registration with foreign element in Vietnam.According to the Civil Status Law, the changes in the marriage registration with foreign element entered into force on January 1st 2016.The new Civil Status Law has strongly decentralized for local government with the provision that the District...

Thứ Năm, 5 tháng 1, 2023

Some Notable Changes in Vietnam Enterprise Law from Jul 2015 | ANT Lawyers

There have been a number of significant changes to the Vietnam law on enterprise to improve the business efficiency. Under this law, limited liability companies and joint stock companies may have one or more than one atlaw representative, of which at least one at-law representative resides in Vietnam. An enterprise shall ensure that at least one at-law representative resides...