Living Information and Cost in Vietnam
According to a recent survey by the ADB, Vietnam ranks the 2nd lowest living cost country compared with 23 other countries in the Asia Pacific region. As a developing country, Vietnam is facing many...
View ArticleBusiness cost inside/outside Vietnam IZs, EZs
Business cost inside Vietnam IZs, EZs Labour cost Minimum labour cost (working for group of FDI enterprises): 50 USD/month (2) Average labour cost (popular sectors): 50 – 70 USD/month Average...
View ArticleStarting a Business in Vietnam
This table summarizes the procedures and costs associated with setting up a business in Vietnam. Standardized company Legal Form: cong ty trach nhiem huu han – Private Limited Liability Company City:...
View ArticleLegal Advice: Vietnam opens more logistics service sectors to foreign investors
In recent years, Vietnam’s government has been facilitating foreign investment in almost all types of logistics services excluding inspection services, certificate granting for conveyances, transport...
View ArticleLegal Advice: What is the role of competition law in mergers and acquisitions...
Mergers & acquisitions implicate a variety of legal domains, among the most important of which is competition law. The Competition Law of Vietnam (2004) treats M&A’s as forms of economic...
View ArticleLegal Advice: Can an enterprise be headquartered in a condominium in VN?
According to provisions of law, corporations are not eligible to be headquartered in condominiums used for a residential purpose. However in certain cases, enterprises may base their head offices in...
View ArticleUpdated new policies on foreigners in VN
A string of fresh policies on foreign-related elements were introduced in the first eight months including foreign strategic investors, sub-lease of job, preferential corporate tax, international goods...
View ArticleNew regulations on employee sickness, maternity take effect
Circular No. 59/2015/TT-BLDTBXH, dated December 29, 2015, details and provides guidance on the implementation of provisions of the Social Insurance Law on Compulsory Social Insurance, which contains...
View ArticleBusiness registration rules to take effect
Specific forms for business registration have recently been introduced in Circular 20/2015/TT-BKHDT (Circular 20) to be applied consistently across the nation. Accordingly, enterprises will need the...
View ArticleRegulations govern investment supervision, evaluation
Investors are obliged to implement a regime of investment supervision and evaluation and report to the competent investment authorities, while implementing projects in Viet Nam. As per Decree No...
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