New Import Law

LEGAL UPDATE: Did you know that to import into Vietnam used machinery, equipment and production lines, including spare parts, components and replacement parts you must now comply with a new law effective 1 September (Circular 20/2014-TT/BKHCN dated 15 July 2014)? For...

New Foreign Exchange Legislation

LEGAL UPDATE: Did you know that If you invest in Vietnam and will need to remit funds in and out of Vietnam (including capital and dividends), there is a new piece of foreign exchange legislation that you must read....

Administrative Fines

LEGAL UPDATE: Did you know that if you violate the relevant laws and administrative fines are imposed, all your profits, funds/valuable papers and assets from such violation will have to be paid back to the State? What has to be returned is to be decided by the person...

New Circular Regarding Foreign Companies in Service Sectors

LEGAL UPDATE: Did you know that the Ministry of Industry & Trade has issued a new circular to confirm that foreign companies engaging in the the 11 service sectors (such as legal, advertising, banking & finance, securities, construction, etc.) to which VN has...

Foreign Real Estate Developer Update

LEGAL UPDATE: Did you know that if you are foreign real estate developer as of 1 July of this year, you can lease existing real estate (including houses and buildings) and sublease the same and you can also take over a part of a larger project to build for sale, lease...