LEGAL UPDATE: Did you know that the Ministry of Finance just issued a circular to guide foreign investment in Vietnam’s securities market?

Aug 15, 2015

The circular will become valid on 1 October of this year. You will recall our last update on the removal of the foreign ownership cap on public companies (listed or unlisted). This circular provides guidance on how this is to be carried out. The circular governs all...

LEGAL UPDATE: Did you know that as of 1 September 2015, subject to certain conditions, the foreign ownership ratio in public companies (including listed companies) will no longer be subject to the 49% cap?

Aug 14, 2015

This means that (except for certain cases discussed below) foreign individuals, foreign companies, Vietnamese companies in which foreign investors own more than 51% of the voting interest can invest in public listed or unlisted Vietnamese companies on an unrestricted...

LEGAL UPDATE: Did you know that the Ministry of Planning & Investment recently issued some guidelines to the licensing authorities in the cities and provinces regarding the implementation of the new 2014 Investment Law?

Aug 6, 2015

The content of this guideline is a bit complicated and below is a ‘simplified’ explanation. This guideline is most relevant for those investors seeking to amend their licences and are caught between the old and new laws. Official Correspondence...

LEGAL UPDATE: Did you know that the US and Vietnam signed a Double Taxation Treaty (Treaty) on 7 July 2015 covering personal income tax and corporate income tax?

Jul 21, 2015

The Treaty is the first comprehensive income tax treaty between the US and Vietnam. The Treaty also contains a provision on information exchange and administrative assistance. This allows both countries to exchange information on taxpayers. The Treaty, however, will...

United States – Vietnam Joint Vision Statement

Jul 9, 2015

https://www.whitehouse.gov/the-press-office/2013/07/25/joint-statement-president-barack-obama-united-states-america-and-preside