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 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

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...

Divorce by mutual consent in Viet Nam means the termination of the marriage relationship between the husband and wife according to their wish.

According to the Article 67 of the Law on Foreign Trade Management No. 05/2017/QH14 dated 12 June 2017 (“Law No.05”), trade remedies include: (i) Anti-dumping measure; (ii) Countervailing measure; (iii) Safeguard measure that are imposed on imports into Vietnam by the Minister of Industry and Trade in each specific case.

The companies in Viet Nam must register the loans when borrowing funds from outside Viet Nam. According to the Article No. 9 of Circular No. 03/2016/TT-NHNN dated February 26, 2016, Loans subject to registration with the State Bank include: