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In its economic development journey, Vietnam has undergone significant transitions—from a centrally planned economy to a socialist-oriented market economy. In this process, the private sector has increasingly played a pivotal role in the national economic structure. 1. Evolution of Economic Policy Over the Years 2. Economic Structure by Sector (2022) Among a total of 735,455…
28
Mar
Mar
The President of Brazil recently announced the recognition of Vietnam as a market economy during a meeting with the President of Vietnam. At their meeting at the Presidential Palace today, the two leaders discussed ways to enhance the Vietnam-Brazil Strategic Partnership and exchanged views on regional and international issues. Brazil officially announced its accession to…
25
Mar
Mar
ASL LAW continues to affirm its pioneering position in the field of international legal consultancy when the article “Strong Singapore-Vietnam ties can be capitalised on” is published on Vietnam Investment Review (VIR) – one of the most prestigious economic and investment newspapers in Vietnam. This is not only an important milestone of ASL LAW but…
18
Mar
Mar
ASL LAW is a top-ranked Vietnam IP Law Firm, offering Vietnam IP Services including Trademark in Vietnam, Patent in Vietnam, and IP enforcement for international businesses. Leading Vietnam Intellectual Property Law Firm ASL LAW is a top-rated Vietnam IP Law Firm recognized by Legal500, AsiaLaw, and WTR1000. We specialize in providing Vietnam IP Services for…
03
Mar
Mar
This report presents the sectoral structure of investment in Vietnam, the top investing countries, and the geographical distribution of investments. Its objective is to provide potential investors, businesses, and economic experts with an overview of Vietnam’s investment environment and growth potential. 1. Overview of FDI in 2024 1.1. Total Registered and Disbursed FDI Capital 1.2. Vietnam’s Competitive…
04
Mar
Mar
As Vietnamese businesses look beyond national borders to expand their operations, Thailand, Indonesia, Laos, Cambodia, and China emerge as strategic destinations for investment. These markets offer significant growth opportunities but also present unique legal landscapes that investors must navigate carefully. Following the success at the GC Summit 2024 event where ASL LAW presented on the…
05
May
May
In Vietnam’s investment environment, changes in investment projects are inevitable, ranging from capital increases, changes in scale, to the addition of new business sectors. To ensure legality and transparency, investors must carry out the procedure for adjusting the Investment Registration Certificate (IRC) in accordance with the law. Understanding the process and preparing complete documentation is…
13
Jan
Jan
On December 31, 2024, the Vietnamese government issued Decree No. 182/2024/ND-CP, providing groundbreaking support measures for semiconductor and artificial intelligence (AI) research and development (R&D) businesses. This decree, effective immediately, underscores Vietnam’s commitment to fostering innovation and technological advancement in high-tech sectors. Key Provisions of Decree 182 Support for Initial Investment Costs Businesses investing in…
29
Dec
Dec
On October 15, 2024, the Vietnamese Government issued Decree No. 132/2024/ND-CP, prescribing regulations for offshore investments in oil and gas activities. This comprehensive decree provides a legal framework for investors seeking to engage in overseas oil and gas exploration, production, and related operations, ensuring alignment with both Vietnamese laws and the laws of host countries….
11
Nov
Nov
Vietnam’s Investment Law 2020 provides comprehensive guidelines regarding the adjustment of Overseas Investment Registration Certificates, particularly concerning changes in investment capital sources. This regulatory framework ensures proper oversight of overseas investments while maintaining transparent procedures for investors. Mandatory Adjustment Requirements According to Article 63 of the Investment Law 2020, investors must adjust their Certificate of…
