Other Briefings
Starting a Business Under the New Law on Enterprises: Company Seals and Bank Accounts
The Law on Enterprises 2014, which came into effect on July 1, 2015, has altered the processes associated with one of the most intriguing features of doing business in Vietnam – the company seal, affixed by using a “chop”.
Impact of the New Law on Enterprises on Vietnam’s Corporate Governance
The Law on Enterprises 2014, which came into effect on July 1, 2015, sets out obligatory governance structures for different types of companies.
China, India & Vietnam: Setting Up in Asia’s Investment Hotspots – New Issue of Asia Briefing Magazine
The newest issue of Asia Briefing magazine, titled “China, India & Vietnam: Setting Up in Asia’s Investment Hotspots”, is out now and available as a complimentary download in the Asia Briefing Bookstore.
Vietnam Regulatory Brief: Investments in Public-Private Partnerships, Agriculture, and Construction Cost Management
Vietnam Briefing updates you on recent regulations on investments in Public-Private Partnerships, agriculture, and construction cost management.
Vietnam News Brief: Tax, Bidding Guidance and Tariff Lines
We would like to update you on recent regulations on implementation of the new tax law, project investor selection and new tariff lines applied for products imported directly from Japan.
Vietnam Adds New Forms of Public-Private Partnership
Starting April 10, 2015, the forms of build, own, and operate (BOO); build, transfer, and lease (BTL); build, lease, and transfer (BLT); and, operate and manage (O&M) will be added to the list of acceptable types of Public-Private Partnership (PPP) allowable in Vietnam.
Vietnam Regulatory Brief: Tax, Customs, and Bankruptcy
Of the many laws and regulations which came into effect at the beginning of 2015, Vietnam Briefing has selected three with significant relevance to foreign investors in the country or who are interested in entering. Wide-scale tax reforms have been implemented, along with changes to customs and bankruptcy procedures.
Hanoi Reduces Application Time for Business Registration Certificates
Vietnam’s capital, Hanoi, has implemented a plan to reduce the time needed to obtain a Business Registration Certificate to within three days of receiving the application, instead of the previous 10 days. Although this change will only initially apply to Vietnamese enterprises, the definition of Vietnamese enterprises was changed recently to allow them to have foreign ownership. Hanoi is the first city in the country to implement this program.
State Bank of Vietnam Issues New Regulations for 2015
The State Bank of Vietnam (SBV) has issued a number of regulations for 2015. These new laws, which seek to help the country achieve its economic growth targets in 2015, touch on areas such as foreign currency loans, reducing bad debts, and money laundering.
Transferring Capital and Profit Into and Out of Vietnam
Foreign exchange control is a paramount concern of all foreign investors entering into Vietnam, as regulations on capital inflows and outflows have a great influence on operations and profit. These transactions include transferring capital into and out of the country, opening and using bank accounts, borrowing foreign loans and paying foreign debts, dealing with currency exchanges, government reporting, and handling violations.
