Apr 3, 2015
LEGAL UPDATE: Did you know that the new Enterprise Law and Investment Law will come into effect soon on 1 July 2015. These are the two main pieces of legislation that will govern all aspects of your investment in Vietnam as a company. Here are some key changes to...
Apr 2, 2015
LEGAL UPDATE: Did you know that there is a new law on bankruptcy that will become valid in the next 3 months? A bankruptcy proceeding can be filed involuntarily against a company by any creditor to whom the company owes a debt of 3 months or more. Employees and the...
Apr 2, 2015
LEGAL UPDATE: Did you know that if you borrow from offshore creditors you have to register the loans with the State Bank of Vietnam or you cannot convert VND to foreign currency to repay the creditors. Loans that have to be registered include: those with terms...
Apr 2, 2015
LEGAL UPDATE: Did you know that Vietnam has a Competition Law or anti-trust law that prohibits unfair trade practices such as price fixing, illegal use of trademarks as well as prevents monopolies in the market? Did you know this means if you intend to enter into...
Apr 2, 2015
LEGAL UPDATE: Did you know that if you use the services or purchase goods from foreign entities that are not licensed in Vietnam such foreign entities have to pay tax in Vietnam and that you may have to make such payment on the behalf of such service or goods...
Apr 2, 2015
LEGAL UPDATE: Did you know that if you make ‘indirect’ investments in Vietnam (such as purchasing shares in listed or unlisted VN companies without participating in management of such companies; sale and purchase of bonds and stocks in VN’s...
