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In 2024, the Vietnamese government is taking significant steps to amend and supplement several decrees that guide the implementation of the Investment Law under the public-private partnership (PPP) method. This move aims to address existing challenges and improve the legal framework governing PPP projects in Vietnam. Deputy Prime Minister Tran Hong Ha has approved the…
27
Aug
Aug
Vietnam continues to be an attractive destination for foreign investors, thanks to its robust economic growth and favorable investment policies. In 2024, foreign investors can contribute capital to Vietnamese enterprises through various forms as specified in the Investment Law 2020. This article outlines the permissible forms of capital contribution, share purchases, and the procedural requirements…
26
Aug
Aug
Vietnam has become an attractive destination for foreign investors due to its dynamic economy and favorable investment climate. The legal framework for foreign investment is detailed in the Investment Law 2020 and various related circulars and decrees. This article provides a comprehensive overview of the forms of indirect investment available to foreign investors in Vietnam,…
01
May
May
The JB Financial Group from Korea has completed a strategic investment deal in Infina. The signing ceremony for the strategic investment was held at the headquarters of JB Securities Vietnam. ASL LAW proudly advised JB Financial Group on the M&A deal. According to information from the leadership of both sides, this investment aims to strengthen…
01
May
May
At the end of the first quarter of 2024, JB Financial Group (JBFG) announced the signing of a strategic investment contract to invest in OKXE – a South Korean startup with a motorcycle trading platform in Vietnam. ASL LAW is honored to continue to advise JB Financial Group on this M&A deal. According to the…
05
May
May
(Published on Vietnam Investment Review) With the advancement of sci-tech, numerous new transaction forms and asset types have emerged, especially the rise of virtual assets. However, Vietnam currently lacks a comprehensive legal framework to regulate state management mechanisms for virtual assets. Given this circumstance, the government mandated the Ministry of Finance to study and establish…
06
May
May
In a bid to streamline trade processes and foster greater economic cooperation, the Ministry of Industry and Trade recently issued Circular No. 04/2024/TT-BCT, amending and supplementing several Articles of Circular No. 20/2014/TT-BCT. These amendments specifically target the rules of origin within the Agreement establishing the ASEAN – Korea Free Trade Area (AKFTA), aiming to enhance…
14
Apr
Apr
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…
14
Apr
Apr
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,…
12
Apr
Apr
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…
