Legal updates

Regulations on foreign-invested economic organizations receiving investment transfers is land use rights value
03/01/2025

The value of land use rights is defined as the monetary value of land use rights for a land area or type of land at a specified time, with a determined usage duration. According to the provisions of the 2024 Land Law, foreign-invested economic organizations are eligible to...

Conditions for establishing a foreign-invested higher education institution in Vietnam
25/12/2024

To establish a foreign-invested educational institution, foreign investors must satisfy the following conditions according to Articles 35, 36, 37, 38 of Decree 86/2018/ND-CP on 06th June 2018...

Establishment of a foreign-invested film production company in Vietnam
10/12/2024

Foreign investors are allowed to cooperate with Vietnamese cinematographic facilities in investing in the production, distribution, and dissemination of films in the following forms: Joint ventures, Business Cooperation Contracts...

When are investment project activities terminated?
20/11/2024

According to Article 48 of the Investment Law 2020, an investment project will terminate in the following cases: An investor shall terminate their investment activities and/or investment project...

Applying for work permit for foreigners to work as a Yoga Teachers in Vietnam
10/10/2024

According to Vietnamese regulations, in case a sports center has the need to apply for a work permit for a foreigner to work as a Yoga Teacher to instruct Yoga in Vietnam...

Establishment of a foreign-invested travel service company in Vietnam
25/08/2024

Foreign investors are allowed to provide travel services in the form of joint ventures with Vietnamese partners without any restrictions on foreign capital contributions...

Annual profit transfer abroad
20/08/2024

Profits transferred abroad annually are profits that foreign investors are entitled to share or receive in the fiscal year from direct investment activities based on audited financial statements and corporate income tax finalization declarations of enterprises...

M&A: Legal Due Diligence
10/08/2024

Before officially executing an M&A transaction, the parties may conduct a due diligence to assess the overall business operations, financial situation, assets, capacity, and operating efficiency of the target company...

Minimum salary for employees working under labor contracts applied from July 1, 2024
08/07/2024

On June 30, 2024, the Government issued Decree No. 74/2024/ND-CP regulating the minimum salary for employees working under labor contracts...

Procedures for foreign workers to work in Vietnam in case of intra-company transfer
27/06/2024

Foreign workers intra-company transfer are managers, executives, experts and technical workers of a foreign enterprise that has established a commercial presence in Vietnam, temporarily transferring within the enterprise...

General regulations on land use of foreign-invested business organizations under the 2024 Land Law (effective from 01st January 2025)
20/06/2024

A Foreign-invested business organization is granted land use rights: Receive transfer of land use rights in industrial parks, industrial clusters, high-tech zones; Receive transfer of investment capital as land use right...

Procedures for adjusting capital for implementing investment projects
16/02/2024

Capital for implementing investment projects is the capital that investors commit to contribute according to the regulations and the time limit recorded in the Investment Registration Certificate. During the operation of the project,...

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