Investment in setting up trading company in Vietnam is considered as investment in conditional investment areas. How to Set up Trading Company in Vietnam under Vietnam Laws? Once an underdeveloped country, in the last two decades Vietnam has shown an incredible growth in the world economic scene, especially in the criteria of investment attraction. For … Read More
Following the trend of international economic integration, foreigners have been attracted by the benefits to open representative office in Vietnam with minimal investment instead of of doing business in Vietnam through setting up company, acquiring shares in Vietnam enterprise through M&A activity. At the initial stage, foreign entity would try to research market, undertake due … Read More
According to Viet Nam’s commitments under the framework of the WTO and EVFTA agreement, foreign investors are allowed to establish foreign-invested enterprises to conduct business activities in Vietnam. However, the order and procedures for establishing enterprises for foreign investors must comply with the provisions of Vietnamese law. Accordingly, this process consists of two main steps: … Read More
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
The field of telecommunications has appeared in Vietnam for more than 30 years and has helped the business environment and social life of Vietnam to develop. Our telecommunication lawyers in Vietnam shared opinions on the investment in telecom and related services and their restrictions. The process of liberalizing the telecommunications sector in Vietnam has led … Read More
From 01/01/2021, the Law on Investment 2020 in Vietnam came into force. According to the Vietnam Law on Investment 2020, there are five types of foreign investment in Vietnam. Investment in the establishment the economic organizations: This type comprises two methods: Establishment of a company with 100% capital from foreign investors or establishment of a … Read More
On December 30th, 2020, Decree 152/2020/ND-CP has been issued regulating on foreigners working in Vietnam and recruiting, managing Vietnamese employees working for foreign organizations and individuals in Vietnam. Decree 152 clearly defines the forms and conditions for foreign employees to be eligible to work in Vietnam, and provides conditions for exemption from work permits in Vietnam, … Read More
Foreigners could reside in Viet Nam under permanent residence or temporary residence status. In particular, foreign investors establishing or contributing capital to companies operating in Vietnam are subject to have temporary residence cards. A Temporary Residence Card is the required document for the foreigners to legally stay temporarily in Viet Nam and the maximum term … Read More
Criminal records or judicial record is a record of criminal convictions of convicted persons with criminal judgments and decisions of courts which have taken legal effect, judgment execution status and ban on individuals to hold positions or setting up company in Vietnam, or managing enterprises and cooperatives in Vietnam in cases where enterprises or cooperatives are … Read More
On July 26th, 2019, representatives of Da Nang City People’s Committee and representatives of Kisararu city, Japan signed a Memorandum of establishing cooperative relations between the two cities, to promote business and investment in Vietnam. The content of the Memorandum include the discussion of the experience and cooperation in the investment attraction of the two … Read More
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