Monthly Archive: July 2023
Vietnam’s technology startup ecosystem has witnessed remarkable expansion. Thanks to a favorable business environment, availability of skilled professionals, and a thriving local market, Vietnam has become an appealing destination for both entrepreneurs and investors. It is essential for tech startups to prioritize compliance, safeguard their interests, and cultivate sustainable growth. While some entrepreneurs may postpone […]
When engaging in mergers and acquisitions (M&A) processes, it is crucial for the parties involved to adhere to specific guidelines and procedures. This is particularly important to ensure a smooth and successful transaction while complying with regulatory requirements. In this second part of our guidelines on M&A, we will explore key steps that parties should […]
Mergers and Acquisitions (M&A) are complex business transactions that require careful planning and execution. When parties engage in M&A activities, it is crucial to adhere to a set of guidelines to ensure a smooth and successful process. These guidelines serve as a roadmap, providing the parties involved with valuable insights and best practices to follow […]
As Vietnam’s economy grow, the demand for foreign employees to work in the country has also risen. However, foreign employees who wish to withdraw their lump-sum social insurance in Vietnam may encounter several problems. Vietnam’s legal regulations on social insurance benefits for foreign employees According to Vietnamese laws, including the Law on Social Insurance 2014, […]
Individuals and businesses who wish to participate in online gambling in Vietnam are required to obtain a license from Vietnamese authorities. The regulations state that foreign investors can operate their own e-gambling business as long as they meet the requirements of Vietnamese law and regulations. It is important for foreign businesses seeking to engage in […]
Foreign Direct Investment (FDI) plays a pivotal role in driving Vietnam’s economic growth, notably evident in the growing number of foreign-invested enterprises (FIE). As these enterprises continue to expand their operations, gaining a thorough understanding of the regulations governing their importation of goods into separate customs areas in Vietnam becomes crucial. Import and export rights […]
Creating a will is an important decision regardless of where you live, but for non-natives living in Vietnam, it can be a complex process. To ensure that the will is legally binding, individuals must follow specific legal requirements when bequeathing real estate to heirs in Vietnam. This process involves navigating the local legal system, establishing […]
Enforcing foreign arbitral awards (FAA) in Vietnam can be a complicated process that requires careful attention to local regulations and requirements. A foreign party seeking to enforce an arbitral award in Vietnam must be aware of the country’s legal framework surrounding the recognition and enforcement of foreign awards, time limits for action, grounds for rejection, […]
Vietnamese citizens have been seeking medical examination and treatment services more frequently in recent years. Consequently, the current situation is that it has become quite common for individuals in need to travel abroad for treatment, often opting for neighboring countries like Thailand, China, or Singapore. Nonetheless, it would certainly be more convenient if foreign investors […]
The business landscape for commercial banks in Vietnam is undergoing significant shifts, as the Draft Law on Credit Institutions has outlined various proposed changes to the regulatory framework governing credit institutions operating within the country. The proposed modifications would bring about consequential adjustments to the day-to-day operations and activities of commercial banks. As Vietnam’s economy […]
