New guidelines for managing foreign exchange when issuing international bonds in Vietnam

New guidelines for managing foreign exchange when issuing international bonds in Vietnam, managing foreign exchange when issuing international bonds in Vietnam, New guidelines for managing foreign exchange when issuing international bonds

The State Bank of Vietnam (SBV) has issued Circular 10/2022/TT-NHNN guiding the management of foreign exchange for the issuance of bonds to the international market by enterprises that are not guaranteed by the Government. This Circular stipulates the procedures for registration and registration for changes in the issuance of bonds to the international market of…

How to handle the deposit of Vietnamese guest workers?

How to handle the deposit of Vietnamese guest workers?

A margin deposit is a kind of demand deposit or term deposit made by a company at a bank to guarantee that the company will fulfil a financial commitment to the bank and related parties. Do Vietnamese workers who want to work abroad have to make a deposit, if so, how is this deposit handled…

Vietnam promulgates a new decree regulating Cybersecurity Law

Significant provisions of Decree 53, new decree regulating Cybersecurity Law in Vietnam, data localization in vietnam

On August 15, 2022, the Government of Vietnam issued Decree No. 53/2022/ND-CP, which specifies various provisions of the Vietnam Cybersecurity Law. For many years, Decree 53 has been drafted, amended, and awaiting to be implemented. Without this decree, Vietnamese authorities would not be able to enforce the entire Cybersecurity Law, particularly the provisions of this…

Foreign-invested e-commerce platforms must supplement business licenses in Vietnam

Foreign-invested e-commerce platforms must supplement business licenses in Vietnam, conditional market access industry for foreign investors

According to Decree 85/2021/ND-CP amending and supplementing a number of articles of the Government’s Decree No. 52/2013/ND-CP dated May 16, 2013, on e-commerce, Vietnam has specific provisions on supplementing business licenses for foreign investors and foreign-invested economic organizations. Foreign e-commerce platforms must supplement business licenses before January 1, 2023 Accordingly, the Vietnam e-Commerce and Digital…

What are the conditions for extending temporary residence cards for foreign investors in Vietnam?

What are the conditions for extending temporary residence cards for foreign investors in Vietnam? temporary residence cards for foreign investors in Vietnam, residence cards for foreign investors in Vietnam

Foreign investors who intend to invest and conduct business in Vietnam must make sure they have a temporary residence period during their stay. For everyone’s information, we outline the procedure for extending a temporary residence card for foreign investors in accordance with the most recent legislation in Vietnam. According to the Immigration Law 2019, a…

What are the requirements for establishing a company in Vietnam?

What are the requirements for establishing a company in Vietnam? Charter capital for establish a company in Vietnam, establish a company in Vietnam, establishing a company in Vietnam, establish company in Vietnam, establish new company in Vietnam, company establishment in Vietnam, establish a company in Vietnam, establishing a new company in Vietnam, establishment of a company in Vietnam, establishment of a new company in Vietnam

Foreigner investors must thoroughly understand legal issues and required documents in order to establish a company in Vietnam timely and conveniently. You must first take into account the provisions of the Enterprise Law and related documents in order to understand what is necessary to establish a company, but at the very least, you must be…

ASL LAW successfully defended its clients in a lawsuit against circumvention of trade remedies

ASL LAW successfully defended its clients in a lawsuit against circumvention of trade remedies, Decision No.1514/QD-BCT, application of anti-circumvention measures of trade remedies for some cane sugar products, Decision No.1514/QD-BCT

(Published in Vietnam Investment Review Magazine) Of the six businesses that are not subject to anti-circumvention tax according to the conclusion of the Ministry of Industry and Trade on August 1, ASL LAW has successfully represented and protected the interests of two of its clients. On August 1, the Ministry of Industry and Trade issued…

What about warrants do investors need to know in Vietnam?

What about warrants do investors need to know in Vietnam? What is a warrant? Features of warrants in Vietnam, Risks when investing in warrants

What is a warrant? What do investors need to know about warrants? Perhaps not everyone knows this term, especially those who have never invested in securities or are in the process of learning about securities. What is a warrant? Features of warrants in Vietnam A warrant is a type of security that gives the holder…

Regulations for the business of prize-winning electronic games for foreigners in Vietnam

Regulations for the business of prize-winning electronic games for foreigners in Vietnam, Financial management of the prize-winning electronic games business

Circular No. 39/2022/TT-BTC was recently issued by the Ministry of Finance guiding a number of articles of the Government’s Decree No. 121/2021/ND-CP on the business of prize-winning electronic games for foreigners. Circular 39/2022/TT-BTC clearly states the fee for assessment, granting and renewing the Certificate of eligibility for business is 150 million VND. Fees for re-appraisal,…

Legal advice for opening a trading company to import rice into Vietnam

opening a foreign-invested trading company, opening a trading company to import rice into Vietnam, opening a trading company, Legal advice for opening a trading company to import rice into Vietnam, Dossier of announcement imported rice quality standards, opening a rice trading company in Vietnam

Client’s inquiry: We want to import rice from Vietnam to India. Could you guide us how to open trading company to import rice into Vietnam? ASL LAW’s ADVICE Dear Sir, First of all, ASL Law would like to send our regards and sincere thanks to you (hereinafter referred “Client”) for contacting our legal service. We…

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