Articles
Doing Business in Vietnam 2022
- Grant Thornton Vietnam
This guide will bring helpful information to foreign investors, particularly those who consider starting their business in Vietnam. The guide mainly consists of the latest insights on a brief overview of Vietnam’s economy, key sectors for investment, compliance matters in terms of entity formation, accounting, tax, and labour perspectives in Vietnam.
Vietnam: Recommendations for precise determination of the market value of land
- Lexcomm Vietnam LLC
The Ministry of Natural Resources and Environment has recently issued the Draft Land Law (amended) for public comments to overcome the shortcomings and limitations of the Land Law 2013, and at the same time, add new policies to adjust some issues arising in reality.
Seven issues to be clarified in an agreement among the founding shareholders of a company in Vietnam
- BLawyers Vietnam
When setting up a company, the founding shareholders often ignore the conclusion of a founders’ agreement. This article discusses some issues founders should clarify in a Founders Agreement regarding dispensable disputes.
Vietnam tightens regulations on corporate bonds
- Allens Vietnam
The Vietnamese Government has issued the new Decree 65 governing the offering and trading of privately issued corporate bonds. In this article, we examine the key features of the decree and outline how they differ from the existing Decree 153 on corporate bonds.
Vietnam: Securities Investment Fund
- ADK Lawyers
According to Article 4.37 of Law on Securities 2019, a securities investment fund is a fund established through capital contribution by investors to make investment in securities or other assets, including real estate.
A snapshot of ESG in Vietnam
- Allens Vietnam
In this Insight, we give an overview of ESG and the legal landscape in Vietnam and examine the key legal considerations for each of the three pillars of ESG.
Legal Issues And Procedures For Issuance Of Stock Options For Employees
- ADK Lawyers
Currently, there are no specific regulations concerning the issuance of Stock Options for a Company’s employees in the Law on Enterprises 2020 and the Law on Securities 2019. This article discusses stock options, their issuance, the process, exercising stock options, and other key matters.
VCCA Annual Report 2021
- DFDL Vietnam
The Vietnam Competition and Consumer Authority (“VCCA”) recently issued its Annual Report for 2021 (“Report”). In this Client Alert, we outline the information provided by the VCCA on its activities related to the Law on Competition (2018) (“Law”) in 2021.
The Formalities and Procedures of the MLMUPC To Issue a Construction Permit
- BNG Legal
This article covers only the formalities and procedure for the issuance of construction permits at the Ministry of Land Management, Urban Planning and Construction based on the new Prakas No. 013. PK 013 consists of 7 Chapters and 23 Articles, and its annexes consist of the official application forms.
Problems employers must solve when forcing an employee to leave their job before expiry of a labour contract
- BLawyers Vietnam
This article discusses some of the key issues for enterprises to consider, in order to minimize the risks from the unilateral termination of LC signed with their employees and avoid “dispensable lawsuits”.
Commercial Agencies And Three Notes Under Vietnamese Laws
- BLawyers Vietnam
Commercial agency is one of 4 commercial intermediary activities of a trader regulated by Vietnamese laws (along with trader representative, commercial brokerage, purchase, and sale of goods by mandated dealers). What is a commercial agency and what are notes about a commercial agency under Vietnamese laws?
FAQ on Mediation in Southeast Asia
- DFDL Singapore
The inaugural edition of FAQ on Mediation in Southeast Asia is an essential guide to the benefits and challenges of commercial, court-ordered and private-party mediation. The engaging Q&A format asks all the questions you have about this emerging trend, followed by sharp and insightful answers provided by DFDL and Harry Elias' team of conflict-resolution experts.
Draft Circular proposes significant changes for foreign lenders and domestic borrowers
- Allens Vietnam
The Draft Circular replacing the current circular No. 12/2014/TT-NHNN on conditions for non-government guaranteed cross-border foreign loans was released on 11 May 2022 for public consultation. It proposes to tighten conditions for taking out these loans, in order to manage Vietnam's overall borrowing exposure and ensure proper use of foreign loans.
3 Notes For Importing Used Machinery, Equipment, And Technological Lines From Overseas Into Vietnam
- BLawyers Vietnam
The import of machinery, equipment, and technology from overseas into Vietnam is common, especially the import of used Machinery. This is a solution to help enterprises save initial investment costs. However, Vietnamese laws stipulate the import conditions for used Machinery and a strict quality examination process before customs clearance.
Vietnam: Comparison Between VIAC Arbitration Rules and SIAC Arbitration Rules
- ADK Lawyers
A Comparison Between Vietnam International Arbitration Centre Rules and Singapore International Arbitration Centre Rules
Use of digital signatures in e-financial transactions
- LNT & Partners
Digital signatures have become an essential part of the digitisation strategy of the banking sector in Vietnam. Even though the legality of digital signatures has been recognised by Vietnamese law, some risks and obstacles still undermine their use.
Vietnam's infrastructure sector: the landscape, opportunities and challenges
- Allens Vietnam
The Vietnamese Government has focused on developing infrastructure, but deficiencies in this area are still one of the biggest bottlenecks for investors. In this Report, we look at the current status of the infrastructure market, and examine key regulatory and structuring issues affecting project developers and financiers.
A Detailed Analysis Of Decree 31/2021 Implementing The Investment Law 2020
- Venture North Law Firm
On 26 March 2021, the Government issued Decree 31 to detail and guide the implementation of the Investment Law 2020 (Decree 31/2021). Decree 31/2021 took effect on the signing date and replaced Decree 118/2015 guiding the Investment Law 2014 and other related documents.
Draft National Power Development Plan VIII – Is It A Milestone Of Vietnam’s Renewable Energy Section?
- BLawyers Vietnam
On 08 October 2021, after collecting the opinions from relevant Ministries, and other authorities, the MOIT completed the Draft PDP VIII and submitted it to the Prime Minister for review and approval. This article summarizes some highlights of the Draft PDP VIII updated to February 2022.
Vietnam February Newsletter: National Assembly Law No. 03 on the Law on Investment and Law on Enterprises
- ADK Lawyers
In this newsletter: 1) National Assembly issues Law No. 03/2022/QH15 amending and supplementing a number of articles of the Law on Investment, the Law on Enterprises and a number of other laws, 2) Pausing the temporary import and re-export business of medical masks, medical gloves and anti-epidemic uniforms.
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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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