A number of articles of Circular No. 107/2020/TT-BTC, which govern the transaction of repurchasing with a term of government bonds from temporarily idle state funds of the State Treasury, have been amended and supplemented by Circular No. 12/2023/TT-BTC, which was recently published by the Ministry of Finance (State Treasury). As a result, in order for…
Currently, Vietnam is on the track to developing an integrated economy with key capital coming from foreign investors, spreading across 139 countries and territories around the world as of early 2022. Although it has received many successes in more than 30 years from foreign direct investment (FDI), Vietnam’s management and operation system still have many…
After 2 years of implementing the EU-Vietnam Free Trade Agreement (EVFTA), Vietnam has thrived in many fields, especially in attracting foreign direct investment (FDI) and promoting trade between Vietnam and the European Union bloc. EVFTA Free Trade Agreement The EU-Vietnam Free Trade Agreement (EVFTA) is a new-generation FTA between Vietnam and the 27 EU member…
On September 16, 2022, Vietnam published Decree 65/2022/ND-CP amending Decree 153/2020/ND-CP governing the offering and trading of privately placed corporate bonds in the domestic market, as well as the issuance of corporate bonds to the foreign market. The following are some of the highlights of Decree 65/2022/ND-CP: Changes to the purpose of bond issuing Bond issuance…
What is a warrant? What do investors need to know about warrants? Perhaps not everyone knows this term, especially those who have never invested in securities or are in the process of learning about securities. What is a warrant? Features of warrants in Vietnam A warrant is a type of security that gives the holder…
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…
Client’s inquiry: Could you advise us on taxes on cross-border service in Vietnam? Dear Ms. Ji, Regarding your inquiries on tax issues on cross-border services provided by ___ LLC (hereafter refer as Client) to a Vietnamese company, we would like to give you our advice on this issue as follows: The foreign contractor who has…
Investment in capital contribution, share purchase, and purchase of contributed capital is one of the investment forms in Vietnam by foreign investors. Specifically, what is the procedure for capital contribution by foreign investors? Forms of capital contribution by foreign investors Foreign investors satisfying the following regulations have the right to contribute capital, purchase shares, or…
One of the most popular forms of investment today is an investment in the form of a BCC contract. So what is a BCC contract according to the latest regulations? What is a BCC contract? Business Cooperation Contract hereinafter referred to as BCC contract. This is a contract signed between investors for business cooperation, profit…