Business ventures do not always go as planned. Whether due to changing circumstances, external factors, or strategic decisions, there may come a time when you need to suspend or permanently close your company in Vietnam. Let’s explore the steps involved.

According to the Law on Investment (“LOI”), the list of restricted sectors details: 25 sectors where market access is not allowed; and 59 sectors where market access is conditional

Viet Nam is an attractive and safe investment destination in Asia. According to the Law on Investment (“LOI”), foreigners can invest in Vietnam under several forms of investment. The choice of investment vehicle depends on the elements such as the aim of investment in Viet Nam, the number of investors,...

A joint-stock company is a type of business in which foreign investors usually choose to establish a company in Vietnam. To understand deeply, we'd like to outline the elements of this form in this Article.

According to Article 74.1 of the Law on Enterprise, a single-member limited liability company (“SMLLC”) is an enterprise owned by a single organization or individual. The owner’s liability for the company’s debts and other liabilities shall equal the company’s charter capital. SMLLC must not issue shares, but the company may...

According to Article 46.1 of the Law on Enterprise, A multi-member Limited Liability Company is an enterprise that has from two to fifty members that are organizations and individuals. A member’s liability for the enterprise’s debts and other liabilities shall be equal to the amount of capital that the member...

Article 24 of the Law on Enterprises in Vietnam prescribes the guidelines that companies must observe while formulating their charter. The company charter assumes a pivotal role as a legal document that outlines the company's organizational structure, roles, and responsibilities. This document encapsulates the original charter presented during the registration...

In 2022, nearly 27.72 billion USD of foreign investment will enter Vietnam

Da Nang is in the middle of the country, 759km from Hanoi and 960km from Ho Chi Minh City, located on the North-South traffic axis by road (National Highway 1A), railway, sea, and air; It borders Thua Thien-Hue to the north, Quang Nam province to the south and west, and...