Legal updates

According to Article 48 of the Investment Law 2020, an investment project will terminate in the following cases: An investor shall terminate their investment activities and/or investment project...

According to Vietnamese regulations, in case a sports center has the need to apply for a work permit for a foreigner to work as a Yoga Teacher to instruct Yoga in Vietnam...

Foreign investors are allowed to provide travel services in the form of joint ventures with Vietnamese partners without any restrictions on foreign capital contributions...

Profits transferred abroad annually are profits that foreign investors are entitled to share or receive in the fiscal year from direct investment activities based on audited financial statements and corporate income tax finalization declarations of enterprises...

Before officially executing an M&A transaction, the parties may conduct a due diligence to assess the overall business operations, financial situation, assets, capacity, and operating efficiency of the target company...

On June 30, 2024, the Government issued Decree No. 74/2024/ND-CP regulating the minimum salary for employees working under labor contracts...

Foreign workers intra-company transfer are managers, executives, experts and technical workers of a foreign enterprise that has established a commercial presence in Vietnam, temporarily transferring within the enterprise...

A Foreign-invested business organization is granted land use rights: Receive transfer of land use rights in industrial parks, industrial clusters, high-tech zones; Receive transfer of investment capital as land use right...

According to Decree 70/2023/ND-CP amending and supplementing a number of articles of Decree No. 152/2020/ND-CP dated 30 December 2020 of the Government regulating foreign workers working in Vietnam and recruiting and managing Vietnamese workers working for foreign organizations and individuals in Vietnam effective from September 18, 2023...

According to Vietnam's current regulations on electronic games, foreign online electronic game service providers must establish an enterprise in accordance with the provisions of the Law on Enterprises to provide services in Vietnam...

Capital for implementing investment projects is the capital that investors commit to contribute according to the regulations and the time limit recorded in the Investment Registration Certificate. During the operation of the project,...

Converting the loan into contributed capital means that the lender, instead of recovering the debt that has lent the company in cash, will take that receivable debt to "buy" the company's shares/contributed capital...