Legal updates

To establish a foreign-invested educational institution, foreign investors must satisfy the following conditions according to Articles 35, 36, 37, 38 of Decree 86/2018/ND-CP on 06^th June 2018...

Foreign investors are allowed to cooperate with Vietnamese cinematographic facilities in investing in the production, distribution, and dissemination of films in the following forms: Joint ventures, Business Cooperation Contracts...

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...