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The Ministry of Finance of Vietnam is currently seeking public comments on a draft Circular that aims to amend and supplement several articles of Circular No. 51/2021/TT-BTC. This Circular guides the obligations of organizations and individuals engaged in foreign investment activities in the Vietnamese stock market. The proposed amendments are designed to enhance the regulatory…
29
May
May
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,…
30
Jul
Jul
Vietnam is at the start of implementing stringent measures to regulate cybersecurity and data protection through its latest draft decree on sanctions for violations in these domains. Targeting a start date of June 1, 2024, the decree is set to introduce significant fines and penalties for non-compliance, marking a critical development in Vietnam’s legal framework…
01
Jun
Jun
The 2024 Land Law, No. 31/2024/QH15, will officially rename the certificate of land use rights, commonly known as the “Red Book”. Specifically, starting from 2025, the Red Book issued to Vietnamese citizens will officially be called the Certificate of Land Use Rights, Ownership of Assets Attached to Land. The Certificate of Land Use Rights, Ownership…
23
May
May
On May 7, 2024, the U.S. Department of Commerce (DOC) issued a preliminary conclusion in the anti-dumping investigation on extruded aluminum and aluminum products from Vietnam. On October 24, 2023, the DOC officially announced the initiation of an anti-dumping investigation on extruded aluminum and aluminum products imported from 15 countries/territories, including Vietnam. The investigation was…
18
May
May
Recently, the Korea Trade Commission officially announced the acceptance of a request for an anti-dumping investigation into cold rolled stainless steel from Vietnam. The goods, known in English as cold rolled stainless steel, are classified under HS codes 7219.31.1010, 7219.31.1090, 7219.31.9000, 7219.32.1010, 7219.32.1090, 7219.32.9000, 7219.33.1010, 7219.33.1090, 7219.33.9000, 7219.34.1010, 7219.34.1090, 7219.34.9000, 7219.35.1010, 7219.35.1090, 7219.35.9000, 7219.90.1010, 7219.90.1090,…
03
Jun
Jun
The current unemployment benefits policy in Vietnam has several shortcomings, making it inadequate for societal changes and failing to ensure workers’ rights during difficult times. Therefore, the Vietnam General Confederation of Labor has recently proposed several amendments to the unemployment benefits regulations in Vietnam. The Vietnam General Confederation of Labor suggests increasing the unemployment benefit…
04
Jun
Jun
Occupational accidents are a critical issue in the field of labor safety and hygiene in Vietnam, clearly stipulated in legal documents to protect the rights and health of workers. Below are the main legal regulations on occupational accidents in Vietnam: Occupational Accidents An occupational accident is an unexpected incident occurring during the working process that…
