Vietnam’s Foreign Investment Landscape: A Look at Recent Trends

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Recent data released by Vietnam Foreign Investment Agency, under the Ministry of Planning and Investment, sheds light on the dynamic landscape of foreign investment in the country. As of March 20, 2024, Vietnam has seen a significant increase in foreign investment, with total registered capital reaching over $6.17 billion. This marks a notable 13.4% increase…

Understanding Vietnam’s Regulations on Outward Investment

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Vietnam’s regulatory landscape concerning outward investment is essential for both investors and enterprises looking to expand their operations beyond national borders. With detailed provisions outlined in Decree No. 31/2021/NĐ-CP, investors are guided through conditions for regulated sectors and requirements for various forms of outward investment. Conditions for Regulated Sectors Decree No. 31/2021/NĐ-CP, referencing Article 72,…

Set up new company in Vietnam

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Vietnam has emerged as one of the most dynamic and rapidly growing economies in Southeast Asia, attracting businesses from around the globe. Its strategic location, favorable investment environment, and abundant workforce make it an appealing destination for entrepreneurs looking to set up new company in Vietnam. However, navigating the process of setting up a new…

Investment process and procedures for Vietnamese enterprises investing abroad

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Investment procedures and regulations for Vietnamese enterprises investing abroad typically depend on both Vietnam’s regulations and those of the target country the enterprise is interested in. Below is a summary of the general process and procedures that a Vietnamese enterprise usually needs to undertake to invest abroad: Research and Planning Legal Procedures It should be…

Vietnam: Offshore Wind Power Projects Awaits Legal Framework

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The development of offshore wind power projects in Vietnam is currently awaiting legal clarity. According to the Ministry of Industry and Trade, several amendments and additions to various laws are necessary to enable the implementation of offshore wind power projects. These include revisions to the Investment Law, Bidding Law, Law on Marine Resources, Environment, and…

Navigating Investment Capital Transfer Abroad: Understanding Regulations in Vietnam

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Investing abroad can be a strategic move for businesses looking to expand their operations and tap into new markets. However, the process of transferring investment capital abroad is governed by strict regulations aimed at maintaining financial stability and transparency. In Vietnam, these regulations are outlined in both the Investment Law and related government decrees. Understanding…

Vietnam: Policy advances applicable to the semiconductor industry

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(Published in Vietnam Investment Review) For years, Vietnam has been globally acknowledged as a nation of great potential for the advancement of the semiconductor chip industry, owing to its advantageous geographical position, political stability, and reservoir of high-quality human resources. Recognizing the pivotal role of the semiconductor industry in the 4.0 era, the Vietnamese government…

Download Navigation of M&A in Vietnam: Compliance with New Regulations on Personal Data Protection, IP Law, and Global Minimum Tax

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At the Vietnam GC Summit 2024 event, held in collaboration with Legal500, ASL LAW emphasized the important factors in conducting M&A activities in Vietnam, specifically regarding regulations on personal data protection, intellectual property law, and requirements for global minimum tax. During the presentation at the workshop, in addition to the usual aspects to consider in…

Navigating M&A in Vietnam: Compliance with New Regulations on Personal Data Protection, IP Law, and Global Minimum Tax

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At the GC Summit 2024 event, held in collaboration with Legal500, ASL LAW emphasized the important factors in conducting M&A activities in Vietnam, specifically regarding regulations on personal data protection, intellectual property law, and requirements for global minimum tax. THE FULL PRESENTATION SLIDE CAN BE DOWNLOAD HERE. Businesses engaging in M&A transactions in Vietnam need…

Establishing Economic Organizations by Foreign Investors in Vietnam: Procedures and Regulations

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In Vietnam, the process of establishing economic organizations by foreign investors is governed by specific regulations outlined in Decree No. 31/2021/NĐ-CP. These regulations provide a structured framework for foreign investors looking to initiate business ventures within the country. Understanding these procedures is essential for ensuring compliance and facilitating smooth operations. 1. Overview of Establishment Procedures:…

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