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Foreign Direct Investment (FDI) continues to be a crucial driver of Vietnam’s economic growth. As of 2024, several countries have significantly increased their investments in Vietnam, contributing to the country’s vibrant economic landscape. In this article, ASL LAW will highlight the top 5 countries with the most substantial FDI investments in Vietnam this year. 1….
21
Aug
Aug
As of June 20, 2024, Vietnam has witnessed significant growth in foreign investment, with total newly registered capital, adjustments, and capital contributions by foreign investors reaching over $18 billion. This marks an impressive increase of 10.9% compared to the same period in 2023. Foreign investors have shown strong interest in new projects, with 1,816 projects…
25
Aug
Aug
The Ministry of Planning and Investment (MPI) has recently unveiled a proposal for a new law focused on industrial parks, aiming to foster the development of large ecological industrial parks (EIPs) and attract high-quality investments. This initiative is part of Vietnam’s broader goals of industrialization, modernization, green infrastructure, digitization, and embracing a circular economy. Key…
28
Jul
Jul
Vietnamese investors looking to expand their operations internationally must navigate a defined legal framework to obtain the necessary approvals for outward investment. This article outlines the procedure for obtaining a Certificate of Registration for outward investment under the Investment Law 2014 and details the circumstances under which an outward investment project may be terminated. Procedure…
29
Jul
Jul
In the context of globalization, Vietnamese investors are increasingly looking beyond domestic borders for investment opportunities. Understanding the legal framework for outward foreign investment is crucial for compliance and strategic planning. This article delves into the sources of capital included in outward foreign investment, the conditions under which investors can transfer capital abroad, and the…
07
Jul
Jul
According to the latest report from the Foreign Investment Agency (under the Ministry of Planning and Investment), as of June 20, 2024, Vietnam has seen a notable increase in foreign investment. The total newly registered capital, adjusted capital, and capital contribution through share purchases by foreign investors have reached nearly USD 15.2 billion, marking a…
30
Jun
Jun
On the morning of June 25th, the National Assembly passed a Resolution approving the accession documents of the United Kingdom of Great Britain and Northern Ireland to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Originally signed in 2018, the CPTPP came into effect for Vietnam in early 2019. This agreement includes 11 member…
29
Jun
Jun
Vietnam has updated its regulations on foreign investment through capital contribution, share purchase, or capital contribution purchase, making it essential for foreign investors to stay informed. Below, we outline the latest conditions and procedures that foreign investors must adhere to, based on the Investment Law 2020 and Decree 31/2021/ND-CP. Conditions for Foreign Investment through Capital…
17
Jun
Jun
On April 19, 2024, the Ministry of Planning and Investment of Vietnam issued Circular No. 05/2024/TT-BKHDT, which elaborates on providing and publishing information regarding bidding and contractor selection on the Vietnam National E-Procurement System. This circular introduces important regulations and charge rates relevant to contractors and investors. Key Provisions of Circular No. 05/2024/TT-BKHDT Charge Rates…
18
Jun
Jun
Vietnam, with its dynamic economy and strategic location, offers numerous opportunities for foreign investors. When considering entering the Vietnamese market, investors can choose different types of business structures: Representative Office, Limited Liability Company (LLC), Joint-Stock Company, Branch Office, Joint Venture, and Public-Private Partnership. Each option has unique features, requirements, and benefits tailored to different business…
