The field of real estate has a great impact, many technical contents require the participation of many ministries and local branches. Therefore, the tax policy for real estate needs to be studied and evaluated carefully before submitting to the competent authorities for promulgation at an appropriate time to ensure feasibility, high consensus, and contribute to…
The dispute surrounding the ST25 rice brand – a specialty of Soc Trang province, Vietnam has continued to raise awareness over the weaknesses in the competitiveness of the majority of Vietnamese enterprises nowadays. The dispute happened because the enterprise responsible for producing the rice doesn’t pay attention to the protection of their brand. They didn’t…
Recently, A Vietnam Labor Law Conference 2021 just took place in Ho Chi Minh City. The conference has attracted the attention of many renowned individuals such as HR directors, internal lawyers, and lawyers of a law consulting firm specializing in Labor Law. Following the topic of the event “Labor law in the industrial era 4.0”,…
Before officially establishing an employment relationship through an employment contract, the employer and the employee will usually agree on a trial job. But the question is that is the probationary agreement required to be made into a written contract? Is probation required a signed contract? Clause 1, Article 24 of the Labor Code 2019 regarding…
According to businesses, the current 2013 Land Law reveals many overlapping and inconsistent contents with the laws that make it difficult for them to develop real estate projects. The Government Office has just announced the conclusion of Prime Minister Pham Minh Chinh at a recent conference on the performance of assigned tasks of the Ministry…
From the effective date of Circular No. 01/2021/TT-BKHDT (May 1, 2021), the forms in the enterprise registration application specified in the appendix issued together with Circular No. 01/2021/TT-BKHDT is hereby applied nationwide. According to Mr. Huynh Van Toan (HCMC), Decree No. 122/2020/ND-CP dated October 15, 2020, of the Government, stipulates the coordination of the procedures…
If enterprises do not follow the principle of late payment penalty, the enterprises will abuse the value-added tax refund (VAT) until being forced to re-pay. Recently, the Vietnam Association of Seafood Exporters and Producers (VASEP) reflected that enterprises exporting seafood products are entitled to VAT refund. However, after a while, because for some reason, the…
In just a short time, land prices have skyrocketed on a large scale. This raises concerns over a new real estate bubble cycle. According to Mr. Mai Duc Toan, Director of CNT Group’s business and investment division, land fever still occurs frequently, but most of them are only minor bursts in localities. There have only…
What is FDI? FDI is a form of capital transfer of one country through different methods into another country to conduct profitable business activities. There are two forms of foreign investment, direct and indirect. According to Vietnamese law, FDI includes the following factors: Capital contributors are foreign organizations and individuals or overseas Vietnamese. Investment capital…
Attracting FDI is activities and policies of the government, business community and the population to promote, support and encourage investors to invest capital for the development purposes. The essence of attracting investment capital is to increase the attention and interest of investors, thereby shifting investment flows into the locality or industry. Supplementing the domestic capital…