Articles
02 07 2013

The forms in which an investor can contribute capital to an enterprise have evolved to include intangible assets such as intellectual property rights that are often of greater value than the tangible assets of an enterprise.

 

02 07 2013

Gaming is one of the most attractive sectors drawing the attention of foreign investors in recent years. And among Asian countries, one of the more attractive targets for gaming development is Vietnam.

12 26 2012

To strengthen the management of import/export rights of foreign traders without a presence ("FTWP") in Vietnam, on 27 September 2012, the Ministry of Industry and Trade enacted Circular 28/2012/TT-BCT (Circular 28).

12 24 2012

The State has issued a number of policies and incentives to encourage the development of low-cost housing to meet the housing needs of the disadvantaged. Yet few public housing projects are underway and little inventory has been added to the low-cost housing market. 

11 22 2012

Under Viet Nam's commitments when it acceded to the World Trade Organization in 2007, foreign organizations must receive a right to set up a 100-per-cent foreign-owned securities company.

11 16 2012

On 21 June 2012 the National Assembly of Vietnam passed a new Law on Advertising No 16/2012/QH13. The Law on Advertising takes effect from 1 January 2013 and repeals the current Ordinance on Advertising No 39/2001/PL-UBTVQH10 dated 16 November 2001 ("Ordinance 2001") and the Decree of the Government providing detailed aregulations for implementation on Ordinance 2001 dated 13 March 2003.

10 17 2012

The Ministry of Finance has issued Circular No. 125/2012/TT-BTC ("Circular 125"), dated 30 July 2012, providing detailed guidelines on the financial regime applicable to insurers, re-insurers, insurance brokers ("Insurers") and branches of foreign non-life insurers ("FBNI") duly established and operating in Vietnam.

10 10 2012

Viet Nam has licensed 102 internet enterprises as from April this year, of which 60 have begun providing services, according to statistics from the Ministry of Information and Communications. Another 850 websites and 130 social networks have been granted operating licences. The increase in internet services and use has led the Government to prepare new regulations to address growing issues related to internet use.

09 24 2012

On 5 April 2012, Vietnam's Ministry of Finance issued Circular No. 52/2012/TT-BTC on information disclosure in the stock market ("Circular 52"), which became effective on 1 June 2012 and replaces Circular No. 09/2010/TT-BTC dated 15 January 2010 ("Circular 09").

09 12 2012

The new Law on Advertising, passed by the National Assembly last June, takes effect on January 1, replacing the 2001 Ordinance on Advertising and subsequent regulations.

09 05 2012

The State Bank of Vietnam has issued Circular No. 19/2012/TT-NHNN on 08 June 2012 amending and supplementing some articles of Circular No. 30/2011/TT-NHNN dated 28 September 2011 of the State Bank of Vietnam prescribing the ceiling interest rate for Vietnam-dong capital mobilizations of institutions, individuals at some credit institutions, branches of foreign banks ("Circular 19").

08 08 2012

The charter capital of an enterprise is made up by contributions from shareholders. Each shareholder makes a capital contribution by transferring cash or assets to the company. The receiving company becomes the owner of the assets contributed, and the contributing shareholder becomes the owner of shares representing part ownership in the company.

07 31 2012

On 27 October 2006, the Report by the Working Party on Vietnam’s Accession to the World Trade Organisation (“WTO”) was finalized (the “Working Party Report”). Not too long before the finalization of the Working Party Report, on 1 July 2006 Vietnam’s new Law on Enterprises (the “2005 Enterprise Law”) took effect. 

07 26 2012

Investors who propose to invest in developing residential houses for sale in Vietnam should worry first about the potential market. Potential investors should be clear about the question: to whom can residential house developers sell their completed residential houses?

07 20 2012

Under Article 5.8 of the Law on Value-Added Tax, lending and other credit services are not subject to VAT. Decree No 121/2011/ND-CP of December 2011, in Article 1.5, further defines credit services to include loans; discount of valuable papers; guarantees; financial leasing; issuance of credit cards; domestic and international factoring services; and other credit forms in accordance with the laws.

06 27 2012

To strengthen the management of mineral mining, on 17 November 2010, Vietnam enacted the Law on Minerals (LOM), aiming to draw international interests and foreign investment to the country's mining sector.

05 15 2012

In early December 2011, the United States company Las Vegas Sands, primary investor in the Singapore Marina Bay Sands, announced a vision of investing in two huge resort complexes, one each in Ho Chi Minh City and Hanoi. The total invested capital would reach US$6 billion and would represent the most important foreign invested project ever conducted in Vietnam. 

05 02 2012

In Vietnam, contract invalidity is one of most complex areas that Vietnamese courts encounter today. Vietnamese laws have not yet provided comprehensive stipulations in this area, and court cases related to this issue are helpful in clarifying this matter.

04 30 2012

On February 2012, the Ministry of Justice of Vietnam released the latest draft of the amended Law on Lawyers ("Draft") for public comment. This movement is to amend the existing Law on Lawyers which was enacted on 22 June 2006 ("Law 2006").

04 04 2012

Viet Nam's Law on Enterprises was passed in 2005, a year before the nation's accession to the World Trade Organisation. Upon accession, conflicts immediately arose between the terms of the WTO treaties to which Viet Nam had acceded and provisions of domestic law, including the Law on Enterprises.



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