Proposing the National Assembly to have the resolution to amend the visa policy from May 2023
The Ministry of Public Security is expected to propose to the National Assembly to include changes in visa and e-visa policies in a joint resolution of the National Assembly at the nearest session (May 2023). This is the basis for the Government to direct the implementation immediately to avoid missing...
Continue ReadingJoint Stock Company In Viet Nam
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.
Continue ReadingSingle-Member Liability Limited Company In Vietnam
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...
Continue ReadingVietnam Goverment enhances electronic enforcement deadlines
Government members unanimously approved the National Assembly to increase the duration of electronic visas (electronic visas) from no more than 30 days to no more than three months, valid for one time or more times;...
Continue ReadingDetermine The Demand For Using Foreign Laborers In Vietnam
According to Article 4 of Decree No. 152/2020/NĐ-CP dated December 30, 2020 (“Decree 152”), the employer is responsible for determining the demand for using foreign labor in their company and reports the Demand to the Ministry of Labor – War Invalids and Social Affairs or the People’s Committee of the...
Continue ReadingWork Permit Exemption In Viet Nam In 2023
According to Article 7, Decree No. 152/ND-CP on foreigners working in VietNam and recruitment and management of Vietnamese workers working for foreign employers in Viet Nam (“Decree 152”), the foreign workers are in cases for work permit exemption as follows
Continue ReadingMulti-Member Limited Liability Company In Vietnam
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...
Continue ReadingCharter In The Company In Viet Nam
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...
Continue ReadingDivorce By Mutual Consent In Viet Nam
Divorce by mutual consent in Viet Nam means the termination of the marriage relationship between the husband and wife according to their wish.
Continue Reading2022 Foreign Investment in Vietnam
In 2022, nearly 27.72 billion USD of foreign investment will enter Vietnam
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