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Foreign workers need a work permit in order to legitimately work in Vietnam. Thus, how do you obtain a work permit? How much does it cost to apply for a work permit? What are the conditions for being granted a work permit in Vietnam? The Labor Code 2019 and related documents do not specifically stipulate…
06
Jul
Jul
In the context of strict management of foreign loans, the State Bank of Vietnam wants to limit businesses’ short-term borrowing for the purpose of risking economic bubbles. The State Bank is collecting comments on a draft circular to replace Circular 12 with stricter foreign loan conditions in order to ensure the limit of enterprises’ self-borrowing and…
23
Jun
Jun
(Published in Vietnam Law Magazine) Corporate bonds have been a hot topic in recent days as many big companies have issued corporate bonds to raise capital. This article analyzes current regulations on corporate bonds and the loopholes therein and offers recommendations to protect investors in Vietnam’s bond market. Pham Duy Khuong & Doan Vu Hoai…
15
Jun
Jun
According to Clause 1, Article 2 of the Law on Handling of Administrative Violations (2012), an administrative violation is an act committed by an individual or organization that violates the law on state management, which, however, does not constitute a crime, and as required by law, must be administratively sanctioned. To know whether an act…
11
Jun
Jun
According to the provisions of Clause 1, Article 46 of the Investment Law in Vietnam, an investor has the right to transfer all or part of an investment project to another investor when the following conditions are satisfied: a) The investment project or part of the transferred investment project is not terminated as prescribed in…
12
Jun
Jun
Possessing citizenship in developed countries to become a global citizen, meeting the purpose of expanding business markets, and reaching out to the world, is the desire of many successful entrepreneurs in Vietnam in the period of integration development. However, the investment to settle abroad is not always convenient. Each application will need a different solution…
23
May
May
Foreign workers are not eligible to participate in unemployment insurance in Vietnam. According to the provisions of Article 2 of the Employment Law 2013, the subjects of the 2013 Employment Law are employees, employers, and other agencies, organizations, and individuals related to employment. In which, employees are Vietnamese citizens from full 15 years of age…
18
May
May
Commercial and service land is a popular type of land, but not everyone understands what it is, how long is the land use term, and whether or not it may be used to build houses. What is commercial and service land? Commercial and service land is a type of land belonging to the group of…
15
May
May
According to Decision No. 343/QD-BNV approved by the Ministry of Home Affairs on April 27, 2022, the Vietnam Blockchain Union is allowed to establish and become the first official legal entity where blockchain research and application enthusiasts gather throughout Vietnam. The Vietnam Blockchain Union is a socio-professional organization operating against the law, having its own…
19
May
May
What are bonds? bond is a type of debt security that requires the issuer to pay the bondholder a specified amount of interest, usually over a specified period of time, accompanied by having to repay the initial loan amount (called the bond’s par value) at maturity. Bond issuer The nature of the issuer is an…
