39 articles found in Vietnam

Since 1 January 2025, Viet Kieu who hold a valid Vietnamese passport have held land use rights in Vietnam on the same basis as domestic citizens, under the 2024 Land...

Foreigners legally working in Vietnam have the same fundamental labor protections as local citizens under the Vietnam Labor Code. Employers must follow strict statutory procedures and notice periods before they...

Notice Periods: Employees can resign without cause by giving 30 to 45 days' notice. Employers cannot unilaterally dismiss you without legal grounds. Visa and TRC Cancellation: Your Temporary Residence Card...

Foreign Ownership Limits in Vietnam's Emerging Industries Vietnam's Law on Investment categorizes business activities into unrestricted, conditional, and prohibited sectors, heavily dictating where foreign capital can be deployed. Logistics and...

Intellectual Property Protection for Foreign Manufacturers in Vietnam Key Takeaways Protecting your intellectual property in Vietnam requires early action and a clear understanding of local regulations before you begin manufacturing....

Penalty Caps: Under the Commercial Law 2005, monetary penalties for breaches are capped at 8% of the value of the breached obligation portion, unless otherwise specified in specialized laws. Arbitration...

Renewing a contract in Vietnam requires a formal written amendment or a new agreement to satisfy the Civil Code 2015 and Commercial Law 2005 requirements for validity. Price adjustment clauses...

Prioritize Registration: Vietnam is a "First-to-File" jurisdiction, meaning rights are generally awarded to the first person to file an application, regardless of prior use. 2026 Digital Shifts: All IP filings...

Foreign manufacturers must obtain an Investment Registration Certificate (IRC) followed by an Enterprise Registration Certificate (ERC) to operate legally. Industrial Zones (IZs) offer established infrastructure, while Economic Zones (EZs) provide...

Most business sectors in Vietnam allow 100% foreign ownership, though certain conditional industries require local partnerships. Foreign investors must follow a dual-licensing process: first obtaining an Investment Registration Certificate (IRC),...

Foreign investors must obtain an Investment Registration Certificate (IRC) before applying for an Enterprise Registration Certificate (ERC) to legally operate. Vietnam follows a "Negative List" approach, meaning any sector not...

A Representative Office (RO) in Vietnam is strictly for non-profit activities such as market research, promotion, and liaison; it cannot generate direct revenue or sign commercial contracts. Licensing is governed...

Vietnam is a signatory to the 1958 New York Convention, meaning foreign arbitral awards are legally enforceable, provided they meet specific procedural criteria. The statute of limitations for filing a...

Vietnam's 2024 Law on Credit Institutions tightens credit concentration rules, pushing single-borrower limits below the old 15% of a bank's own capital and requiring more granular caps for groups of...

Most foreign investors operate in Vietnam through a limited liability company (LLC) or joint stock company (JSC); both are governed primarily by the Law on Enterprises 2020 and the Law...

Factories can normally only sell excess rooftop solar power to EVN if their systems and contracts fit the specific categories defined in the latest Prime Minister decision and MOIT circulars...

From July 2025, major e-commerce platforms in Vietnam (such as Shopee, Lazada, TikTok Shop) must withhold and declare taxes on behalf of sellers under Decree 117. For trading goods, the...

Vietnam's banking and finance sector is tightly regulated by the State Bank of Vietnam (SBV), with strict rules on foreign exchange, foreign loans, and security over assets. Foreign investors must...

Vietnamese employment law is highly statutory and employee-protective. You must align contracts, policies, and terminations with the Labor Code 2019 and guiding decrees or risk reinstatement orders and back pay....