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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…
14
Sep
Sep
Foreigners and Vietnamese citizens both can now have electronic identification accounts. The complete list of information regarding foreigner electronic identification accounts is provided below. What is an identification account for foreigners? The registration, verification, creation, and identification of each individual or organization within the electronic environment is known as electronic identification. Vietnam now uses electronic identification…
06
Sep
Sep
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…
11
Sep
Sep
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…
28
Aug
Aug
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…
27
Aug
Aug
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…
26
Aug
Aug
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…
21
Aug
Aug
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,…
31
Jul
Jul
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…
