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As Vietnamese businesses grow in size and capability, more are turning to outbound investment as a means of expanding markets, acquiring resources, and strengthening global competitiveness. Under the Law on Investment (amended in 2020) and its guiding regulations, oversea investment is now subject to stricter legal oversight. Enterprises must be fully aware of licensing procedures,…
26
Aug
Aug
When setting up a business in Vietnam, foreign and domestic investors alike must choose among different legal entity types — most commonly the Limited Liability Company (LLC), Joint Stock Company (JSC), and Private Enterprise. Each form offers unique benefits and legal obligations that may significantly affect governance, fundraising, and risk exposure. This article presents a…
21
Aug
Aug
Vietnam’s legal system has undergone significant development to accommodate the country’s economic integration. However, foreign investors still face notable challenges when navigating the legal landscape. Legal complexity and regulatory overlaps One of the primary obstacles is the lack of consistency across legal documents. Different laws may apply to the same oversea investment project, such as…
21
Aug
Aug
Foreign investors looking to enter the Vietnamese market must carefully navigate the legal framework governing the establishment of foreign-invested enterprises (FIEs). From choosing the right legal entity to obtaining oversea investment and business licenses, each step requires detailed planning and regulatory compliance. Choosing the Right Legal Structure The most common forms of FIEs in Vietnam…
21
Aug
Aug
When expanding into Vietnam, foreign investors often consider either establishing representative office in Vietnam or a Branch. While both are extensions of a foreign parent company, they differ significantly in terms of legal capacity, operational scope, and regulatory obligations. Understanding these differences is essential for investors to choose the right vehicle for market entry. Therefore,…
30
Jun
Jun
Foreign enterprises doing business in Vietnam often encounter various challenges related to tax law. Failure to fully comply with tax regulations can result not only in financial losses but also in severe penalties imposed by tax authorities. Below are five common tax issues that frequently lead to penalties for foreign businesses in Vietnam. 1. Failure…
30
Jun
Jun
In the context of increasingly deepening economic globalization, many Vietnamese enterprises tend to expand their oversea investments abroad to explore new markets, leverage resources, and diversify risks. However, to invest overseas effectively and legally, businesses must clearly understand the mandatory legal conditions as well as the process of comprehensive legal consulting. 1. Understanding Domestic Legal…
01
Aug
Aug
EPC (Engineering, Procurement and Construction) and BOT (Build-Operate-Transfer) contracts are common in infrastructure and construction projects in Vietnam. However, these contracts often involve complex legal and commercial risks that businesses must identify and proactively manage. 1. Risks related to scope of work and responsibilities In EPC contracts, clearly defining the scope of work, technical standards,…
01
Aug
Aug
Contracts are the most important legal tools in business operations, playing an essential role in establishing, adjusting, and protecting the rights and obligations between involved parties. Careful and clear contract drafting helps businesses minimize dispute risks, avoid losses, and ensure effective enforcement of rights. 1. Clearly identify parties and their legal roles Contracts must record…
01
Aug
Aug
When doing business in Vietnam and looking for expansion, foreign investors often consider whether to establish a representative office or a branch. Understanding the legal distinctions between these two forms will help select the option that best aligns with business objectives while ensuring compliance with current regulations. 1. Basic Concepts and Functions A representative office…
