Vietnam: Integrate procedures for making project proposals outside of the State’s list of projects into the Bidding Law

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The Ministry of Planning and Investment proposes to amend administrative processes regulations on the list of investment projects using land proposed by the investor (for projects not subject to the approval of investment policies) in the proposed Bidding Law (amended). New administrative processes regulations This is an aspect of the implementation content contained in Decision No….

Considerations Before Opening a Second Location in Vietnam

Considerations Before Opening a Second Location in Vietnam

One of the most effective strategies to promote growth is expansion. It also carries a considerable risk by nature. The choice to expand your business, regardless of industry, is not one to be taken lightly. Business owners often miscalculate the financial and other resources necessary to operate a second location.In fact, failing to take into account…

ASL LAW participates in Singapore Convention Week and UNCITRAL Academy 2022

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Following the Workshop: Is Franchising the right strategy to enter Vietnam, Lawyer Pham Duy Khuong and Mr. Doan Vu Hoai Nam of ASL LAW were also invited by the Ministry of Justice of Singapore to attend the event: Singapore Convention Week and UNCITRAL Academy 2022. The Singapore Convention Week (SC Week) 2022 was held from…

Vietnam promulgates a new decree regulating Cybersecurity Law

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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?

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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?

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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…

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

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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

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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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