Updates
Business lending - government interest rate support
- Allens Vietnam
Vietnam established Industrial Relations Centre. Same idea, new twist. The stock market slide continues. Presentation by Saul Eslake, ANZ's Chief Economist. Securities law update. Apartment contracts - same same but different from house contracts. Bad times at work - some help? Constructive elements. ROs for securities companies. Court case commentaries
The wind-up... or is it wind-down? The joys of everyday lending
- Allens Vietnam
Honey, I shrunk the banks! Land use rights - now you see 'em, now you don't. Taxing matters - busy times at the MOF. And you thought PIT, CIT and VAT were it.... Tech transfer - clarifying decree finally issued. Foreign corrupt practices act
Dividend preference shareholding company - become a major investor with a minor investment
- Allens Vietnam
Striking lawfully. Yours, mine and ours - condo-style. Full rights with less than full contribution?. Tax on securities gains - an inevitable becomes reality. Nitty-gritty on VAT. New decision of foreign investment in the securities market. Probation periods - what a difference a day makes. United Concord International Ltd. v. Radiant Investment Ltd.
Recap - Vietnam Business Forum
- Allens Vietnam
Royalties for music protected by copyright. Trading and distribution sector - additional documentation hurdles. Recognition and enforcement of foreign judgments in Vietnam - a leap forward? _x000D_ . A brave new (tax) world. Unemployment insurance - another new regime for 2009. Legislative calendar. Draft law on advertising. Mineral roundtable _x000D_ _x000D_ . Vietnam Court Case Commentaries_x000D_
Unfair business practices? Long-term leases to foreigners valid? 99% foreign invested not 'feasible'
- Allens Vietnam
Traffic fines by TT . New PIT laws - further clarity but more concerns. Minimum salaries - some same-same, some different. Bankruptcy of Finance Enterprises - a looming prospect. Notarisation fees increased significantly. Vietnam court case commentaries
Legal representative vs. authorised representative - same, same but different? Automatic import permits - another hurdle or a useful market tool? Limited liability companies and registration issues - continued
- Allens Vietnam
Prevailing language clauses - recommended, but not an end-all _x000D_ _x000D_ . Financial crisis - Prime Minister conclusions. Internet services - Vietnam law plays catch up. SOEs for sale. Financial leasing - further flexibility. Real penalties for fraud in goods and services _x000D_ . Draft arbitration law to bring major changes but still not sufficient_x000D_
Registration hurdles - another chapter
- Allens Vietnam
Work permits - not just for work anymore. Colour photocopiers - not allowed for all. SSC watchdog - on the watch . The new face of personal income tax. What's the capital requirement for RE companies. Authentication of documents. Draft MPI circular getting attention. Business, tax and seal registrations unified_x000D_ . Real Estate Terms and Restrictions
Shorter shelf-life for service sector
- Allens Vietnam
Beware the generosity of authorities. Membership at a cost. Continuing saga of foreign investment in Vietnamese companies. Record keeping for companies established in Vietnam. Holding pattern for local bank licensing. Construction safety - Vietnam oxymoron. Re-registration update. Three years and 33 steps ....just to begin the project? Proposed key reforms to toughen securities business licenses. Enforcement of international arbitration awards in Vietnam
Land clearance - difficult post-licensing issue
- Allens Vietnam
Business/asset purchases - why so rare?. Time to reflect on difficult structural reform. Vietnam's 50 year land title compare?_x000D_ _x000D_ . HOSE disclosure requirements. Foreign recruitment firms - finally OK. More on real estate business. Mining depths. Forex agents. E-protection from websites that lead us astray_x000D_ . Intellectual Property Law Map
Corporate governance under the LOE - a few clarifications
- Allens Vietnam
Notarization in Vietnam - not what you might think ... or want! Public company regulators. Business Registration Certificates - everything but the kitchen sink. Cyberspace getting bigger. No extensions. No exceptions. Work Permits - the devil in the details. PIT Law beginning to breathe life. What's new on interest rates?_x000D_ . Import and Export Duties Law Map
A capital idea
- Allens Vietnam
Representative offices - no longer non-taxpayers. Doing a runner post-training. More efforts to clarify distribution sector_x000D_ . Foreigners working in a foreign land - the saga continues. Fluctuation rule of shares. Consumer protection - gaining importance. Security service business open to foreigners. More to the story on fixed-price contracts. New tendering law - stayed tuned. Trading and Distribution Law Map
Navigating the murky LOI and LOE waters again
- Allens Vietnam
Liability - limited or not. Newly published and of interest. 'Thin capitalisation' requirements - still with us? How not to get diluted_x000D_ . Foreign residential ownership - a reality finally, or just more talk. Foreigners working in a foreign land. Rising inflation affecting all sectors [Since writing this article we have learnt that Circular 05 dated 22 February was replaced by Decision 09 of the Ministry of Construction dated 17 April 2008. We include the article on Circular 05 nevertheless, and will report on Decision 09 in our next VLU]_x000D_ . Dispute Resolution Law Map
Public Offers - Vietnam style
- Allens Vietnam
Unlisted companies - another conundrum for foreigners. Update on advance payments. Who's got the vote?. Selected New Legal Instruments. Deadline approaching. Prime Minister calls the shots on inflation. Digital signatures - now available. LOE/LOI report card. Trading and distribution rights - the continuing saga. Labour Dispute Resolution Law Map
Terminating labour contracts - how hard it is? More service sectors open - annual WTO phase-ins
- Allens Vietnam
Company's domicile or owner's patriae? Legal tender . Inflation remedy - compulsory treasury bills. What's the story with quorum and voting requirements? 1.3 Parent-subsidiary guidelines to come. Fine to strike?. Labour Law Map
Another 49% twist
- Allens Vietnam
The medicine man waits, along with others to open a trading branch. Advance payments. Trading unlisted shares of listed companies - is it possible?. Vietnamese investors abroad. Legal roadmap for 2008. ROs and BOs for NBCIs. Land prices:a method to the madness? Foreign owners for Vietnam Airlines. Foreign Investment Flow Chart. Flow Chart - Amendment/Evaluation/Registration
The tipping point for helmets
- Allens Vietnam
'Registration' - what does it mean?. Domain names. Major shareholder reporting requirements. Real Estate Business'- what's covered?. LOE/LOI – Further questions clarified by Decree 139 (Part 4). Further details on foreign shareholding in Vietnamese banks. More securities regs - non-listed public companies. New CIT Circular. AAR Christmas e-card
Rising in the ranks. Another 49% twist. Beware of errors in your investment certificate! To "Re-register" or not to "Re-register"?
- Allens Vietnam
PIT Law - A step forward, backward or sideways? LOE/LOI - Further questions clarified by Decree 139 (Part 3). Private offer of shares. Working for minimum wage.. Construction Law Map
MOUs, LOIs, Heads of Agreement – Binding
- Allens Vietnam
Issuance of new shares to a new investor at discounted price – a no-no. Termination of the General Director – a little tricky. Vietnam elected non-permanent member of UNSC. What's in a name?. LOE/LOI – More lingering questions clarified by Decree 139. New Decree 153: More rules on real estate. Overseas investment rules in the offing-stay tuned!_x000D_ . Law Map – Commercial Banking Institutions
Bank equitisation and new laws update
- Allens Vietnam
Founding shareholder limitation - more murky waters. Salary deposits no longer in cash - anti-corruption measures. Article 84 of LOE - a matter of interpretation. LOI/LOI - Key questions answered by Decree 139. Logistics - Big business in Vietnam. Visa exemption for Viet Kieu. Law Map - Anti-corruption
Foreign Investor Trading Codes
- Allens Vietnam
Investors beware! A cultural explanation for corruption in China – Same, same but different in Vietnam? 3% cap on foreign employees reportedly slated to go. Land laws less murky. Ministry re-shuffle. Update on trading and distribution. Tobacco manufacturing and trading – further restrictions? It’s now official_x000D_ . Land Law Map. 'Just the facts ma'am - foreign ownership in Vietnamese property development companies
Features
Legal Terms Bilingual Index
Important Vietnamese legal terms can be looked up, with the corresponding term in the other language presented (Vietnamese <-> English). Very helpful resource for those professionals working in both languages
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