New Bidding Law In Viet Nam
On 23 June 2023, The National Assembly of Vietnam officially adopted a new bidding Law No. 22/2023/QH 15, which will take effect from 01 January 2024 (“New Bidding Law”). The new Bidding Law contains 96 articles divided into 10 chapters. The New Bidding Law have a number of changes to...
Continue ReadingProcedures For Foreign Degree Recognition In Vietnam
On 15 April 2021, the Ministry of Education and Training issued Circular No. 13/2021/TT-BGDDT (“Circular 13”) regarding conditions and procedures in recognition of Decrees issued by Foreign Educational institutions using in Vietnam. This Circular took effect on June 1, 2021, and supersedes Decision No. 77/2007/QD-BGDDT, Circular No. 26/2013/TT-BGDDT , and...
Continue ReadingNew regulations on personal data protection in Vietnam
On 17 April 2023, The Government issued the Decree No. 13/2023/ND-CP on Personal Date Protection (“Decree 13”), which took effect from 01 July 2023. Decree 13 provides more detailed data protection and cybersecurity obligations regarding personal data processing activities. Micro-enterprises, small enterprises, medium-sized enterprises, and startup companies have the right...
Continue ReadingChanges In The Registration Forms And Reports Of Enterprises Licensed To Provide Paid Radio And Television Services
On 30 June 2023, the Ministry of Information and Communications (“MIC”) issued Circular No. 05/2023/TT-BTTTT (“Circular 05”), to amend and supplement the the existing Circular No. 19/2016/TT-BTTTT (“Circular 19”). This newly issued Circular will come into force on 15 August 2023.
Continue ReadingDifference between Statutory Pay Rate (“SPR”) and Statutory Minimum Wage (“SMW”) in Vietnam
Many people misunderstand between the basic salary (Statutory Pay Rate) and the mandatory minimum wage (Statutory Minimum Wage) in Vietnam, this article helps readers better understand these concepts.
Continue ReadingStatutory Minimum Wages In Vietnam
List Of Subregions To Which Statutory Minimum Wages In Vietnam are applied from July 01, 2022 (Enclosed with the Government’s Decree No. 38/2022/ND-CP dated June 12, 2022)
Continue ReadingList Of Appellate Judgments On Intellectual Property Disputes In Viet Nam
List Of Appellate Judgments On Intellectual Property Disputes In Viet Nam (Updated To June 2023)
Continue ReadingHow to Suspend or Dissolve a FDI Enterprise in Vietnam
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.
Continue ReadingHow To Set Up a Factory in Vietnam
Vietnam is coming to be a desirable location for foreign investors who are seeking the new location to set up a Factory in Asia. The reasons are that Vietnam has a stable political climate, a wealth of natural resources, and cheap and skilled labor
Continue ReadingHow To Set Up Retail Stores In Vietnam
According to the Law of Vietnam, retail stores means the place where retailing is conducted, such as convenience stores, mini supermarkets, and shopping malls. The foreign-invested companies need to obtain a business license and the retail outlet license before retailing goods in Viet Nam
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