Updates
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
Time line too long for property development JVs
- Allens Vietnam
First credit report on Vietnam companies. Vietnam residency required for offices of foreign banks. MOF approval required only "sometimes" for insurance policy terms. Vietnam - the next India. Banks plan to expand retail networks in Vietnam. Labour dispute resolution - new guidelines. Property development JVs - a spanner in the works. Redemption, resales, issuances and ... confusion. What the Government Giveth, the MOT Taketh Away - Circular 9 on Trading and Distribution. Secured transactions in Vietnam - not quite like it works at home. Law map - secured transactions
Effective Date for HCMC Stock Exchange
- Allens Vietnam
State Securities Commission. Code Language. General Director of LLC. First Visit to US by Vietnam's President. Vietnam's Largest Top Insurer in IPO. Vietnam to Finalize WTO Commitments. New Equitization Decree. Charter for Listing Companies. Redemption, Resales, Issuance of Shares. Circular on Foreign Banks. BOT Regulations. Trading and Distribution. Bank Cards. Compulsory Reverse Ratios. Securities and Fund Management Companies. Summary of Laws in relation to Domestics Funds
49% Rule - as it applies to foreign-invested shareholding companies
- Allens Vietnam
HCMC “Securities Trading Centre” matures into HCMC “ Stock Exchange”. Regulations on Securities Companies and Fund Management Companies. Rights of Foreigners to deposit forex. Lots of Banks in Vietnam. Contribution land use rights to JVs. Assistance to US Companies Facing Trade Barriers. foreign Ownership of Houses in Vietnam. Residential House Lease Contracts. National Assembly Elections. Corporate Management Rules for Listed Companies. Registration Procedures for Public Offers. Prospectuses for Public Offers. Disclosure of Information. Share Auctions. Foreign Participation in Vietnam's Securities Market. Mortgaging Future Assets. Gift Giving to State Officials. Securities Law Map. Dummies Guide to WTO Schedule of Services Commitments. Dummies Guide to WTO Securities Services
New Public Holiday
- Allens Vietnam
Conditional Sectors. Inspection Committee. Re-registration seminar in Hanoi. New Penalties for Securities Offences. More About Allens Arthur Robinson. Foreign Shareholding in Vietnamese Banks. Trading and Distribution. Corporate Income Tax. Digital Signatures. Electronic Transactions in Financial Activities. Law Maps - Investment Map. Securities Market in Vietnam
National Assembly Update
- Allens Vietnam
WTO Accession and APEC, but no PNTR. General Directors, Legal Representatives & Controllers. Foreign Distribution Rights. Equitization & Strategic Foreign Investors. Representative Offices & Branches. Tendering. Intellectual Property. Finance Leasing. Environment. Cosmetics. Trade Unions. Vietnam's New Investment-Enterprise Regime
First Investment Certificate
- Allens Vietnam
Final WTO Negotiations but no US PNTR Vote. When will Vietnam be 'Globalized'?. Representative Office - Re-registration Alert. VND Deposits. Securities Taxation. Labour Code - Strikes. Investor Disputes. Gripes against Government. APEC Arrangements. Minimum Wages. Goods Labelling. Business Registration. Finance Leasing. New Investment Decree. Options for Foreign Investors to Transition to New Investment-Enterprise Regime
National Assembly Update
- Allens Vietnam
Land for Joint Ventures. Representative Offices & Voting in Joint Ventures - Reforming Backwards?. General Directors. Foreign Equity in Vietnamese Banks. Anti-Money Laundering. Urban Zones. Environment. Education. Foreign Employees. International Treaties. Land Rent. Petroleum Sector Tax. Land Documents. Vietnam's New Investment-Enterprise Regime. Franchising in Vietnam
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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