How 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
Continue ReadingHow To Start A Restaurant In Vietnam
After being affected by the covid pandemic and global inflation, Vietnam's economy has begun to recover, especially in the food and beverage sector. With the strength of being a domestic and foreign tourist destination, the food service industry is an attractive industry code for foreign investment in the Vietnamese market....
Continue ReadingList Of Restricted Sectors In Which Foreign Investment In Vietnam
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
Continue ReadingForms Of Investment in Vietnam
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,...
Continue ReadingProposing 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 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...
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