Vietnam Alert – January 2016
March 10, 2016
New regulations on food safety inspection, stock market actions and offshore direct investment affect the way of doing business in Vietnam. This edition also looks at how the US Foreign Account Tax Compliance Act affects international banking and local accounts of Americans.
Resolving disputes over domain names in Vietnam
January 13, 2016
This article focuses on resolving disputes over domain names which are identical or confusingly similar to registered trademarks/trade names in Vietnam. According to …
Why issue preference shares?
January 12, 2016
A company can finance its projects either from internal or external sources. External financing normally involves a third party loan or corporate bonds or issuance of ordinary shares. Preference shares are rarely used in Vietnam….
Vietnam Client Alert – November 2015
January 8, 2016
Vietnam’s National Assembly recently passed new laws which affect investments, real estate, employment, use of internet resources and sanctions on administrative violations.
Enterprise registration in Vietnam – IPRs contributed as capital and IPRs as part of an enterprise name
December 16, 2015
Similar to the former 2005 Law on Enterprises, the new Law on Enterprises No. 68/2014/QH13 dated November 26, 2014 (New LOE 2014) allows the contribution of …
Vietnam Client Alert
December 16, 2015
This edition discusses new laws on overtime rules, corporate seals and use of IPRs in company names to the resolution of domain name disputes. Moreover, it presents an overview of how the new Trans Pacific Partnership will affect Vietnam.
New decree on enterprise registration
November 16, 2015
On November 26, 2014 the National Assembly of Vietnam adopted a new law on enterprise (2014 Enterprise Law) which takes …
Indochine’s Vietnam Client Alert
November 4, 2015
The September Client Alert contains updates on topics from new rules for intellectual property enforcement to a review of more changes in the new enterprise law which are likely to affect many businesses in Vietnam.
Relaxation of restrictions on share transfer by the founding shareholders under the new enterprise law of Vietnam
October 9, 2015
One of the notable points of the new law on enterprises, dated November 26, 2014 (Law on Enterprise 2014), is the relaxation of restrictions on the founding shareholders’ ordinary shares during the …
New Vietnam bank guarantee provisions
September 1, 2015
On June 25, 2015 the State Bank of Vietnam promulgated Circular No. 07/2015/TT-NHNN on bank guarantees, effective as of August 9, 2015 (Circular 07), to replace Circular No. 28/2012/TT-NHNN dated October 3, 2012 …
New investment law – new provisions on licensing procedures for foreign investors
July 21, 2015
On November 26, 2014 the National Assembly of Vietnam adopted a new law on investment (2014 Investment Law) which will take effect on July 1, 2015 and replace the current …
New Regulations Affecting Business in Vietnam
July 18, 2015
Vietnam has issued new regulations that affect PPPs, derivative securities, cross border provision of public information and employment. Here are the most important changes from each new regulation.
Vietnam approves new decree on PPP investment form
June 18, 2015
On February 14, 2015, the government of Vietnam enacted Decree No. 15/2015/ND-CP (Decree 15) regulating the investment in the …
Vietnam: Client Alert for March 2015
June 8, 2015
This issue discusses the new decree governing notary offices in Vietnam and the new Ministry of Finance circular detailing the payment forms for enterprises in the country. Moreover, it gives some tips on legal networking in Southeast Asia.
New provisions for foreign investors and conditional investment sectors under the law on investment 2014
May 18, 2015
On November 26, 2014, the Vietnamese National Assembly passed a new law on investment (LOI). The LOI appears to make …
Notable changes of the new law on real estate business
April 9, 2015
real estate business No. 66/2014/QH13 (the New REB Law), which will take effect on July 1 2015 and replace the law on real estate …
Foreign exchange control of foreign direct investment
April 9, 2015
On August 11, 2014 the State Bank of Vietnam enacted Circular No. 19/2014/TT-NHNN (Circular 19) guiding the foreign exchange control of foreign direct investment activities in Vietnam …
Enterprise Law 2014 – an institutional breakthrough for Vietnam’s economy
February 10, 2015
On November 26, 2014, the same promulgation day of Investment Law 2014, the National Assembly of Vietnam promulgated a new enterprise law with many positive new regulations and meaningful …
E-commerce in Vietnam
November 19, 2014
Vietnam has been ranked 15th for Internet users internationally, however only 20 percent of those users in Hanoi and Ho Chi Minh City use the internet for online shopping1. The Vietnam E-Commerce and …
New procedural rules for setting up a general information website and social network
October 14, 2014
Under the Vietnamese regulations of Internet service and online information, social network is defined as an information system that provides its users with such …
Remarkable changes in FOREX Rules
September 15, 2014
On July 17th, 2014 the Government issued Decree No. 70/2014/ND-CP (Decree 70) guiding the implementation of a number of articles of Ordinance No. 28/2005/PL-UBTVQH11 dated December …
More restrictions on multi-level marketing in Vietnam
July 25, 2014
On May 14th, 2014 the Government issued Decree No. 42/2014/ND-CP on the management of multi-level marketing activities (Decree 42) to replace the previous Decree No. 110/2005/ND-CP, …
Draft Law on Enterprise in Vietnam
July 2, 2014
In an effort to further improve the business environment, and create an equal playing ground for the community of the enterprises doing business in Vietnam, the Government of Vietnam has recently …
New guidance on labour contracts
June 24, 2014
Decree No. 44/2013/ND-CP, dated May 10th 2013, (Decree 44) addresses a number of issues as set out under the Labor Code 2012. Some of the issues addressed include: (i) rules for participating in compulsory …
New schedule for foreign owned capital to implement trading and related activities
April 25, 2014
On May 21st, 2007 the Ministry of Trade (currently Ministry of Industry and Trade (MOIT)) promulgated Decision No. 10/2007/QD-BTM to announce the schedule for implementation of trading …
For unified PPP legislation in Vietnam
March 3, 2014
With the goal of developing a comprehensive and unified legal framework for public-private partnership (PPP) model for infrastructure projects, …
Significant points of the Land Law 2013
March 3, 2014
It has been over ten years since the promulgation of Land Law No.13/2003/QH11, dated November 26th, 2003 (Land Law 2003). …
Re-registration of FIEs in Vietnam
January 16, 2014
Foreign-invested enterprises (FIEs) have, on the whole, been considered an attractive channel for investment in the Vietnam market …
Significant changes on tax administration
October 24, 2013
On July 22nd, 2013 the Government issued Decree No. 83/2013/ND-CP (Decree 83) detailing a number of articles of the Law on …
Development trends in the regulation on goods distribution and trading activities conducted by foreign traders
September 16, 2013
To provide guidance to Vietnam’s commitments made upon its accession to the WTO on market openings, the Government …