Although the Housing Law of 2014 created favorable conditions for foreigners to own houses here, buying a home is still no easy matter for foreigners given the legal complexity of the real estate sector in Vietnam.
While many foreign investors are looking to expand businesses in Vietnam’s retailing market, they are advised to pay attention to regulations drafted by the Ministry of Industry and Trade (MoIT), writes Hoang Nguyen Ha Quyen, partner at LNT & Partners.
M&A transactions in Vietnam have seen steady growth from 2003, fostering the country as a potential hub for economic activity which has seen strong development in recent years, particularly after Vietnam officially became a member of the World Trade Organization (WTO), writes Hoang Nguyen Ha Quyen, Nguyen Anh Tuan & Nguyen Xuan Thuy, LNT & Partners.
Vietnam Legal Briefing is the monthly publication by LNT & Partners which continues Legal Alerts of AGZI LCT started from 2008. This publication is dedicated to provide important features and updates of court news and key legislation that impact investment and business of investors in Vietnam.
If the Government does not reconsider the policy to restrict investment in non-manufacturing sector, trade deficit may continue to increase.
The Ministry of Health (MoH) has just introduced the latest draft circular (Draft 13) providing guidelines for foreign direct investment (FDI) pharmaceutical enterprises to implement import-export rights in the pharmaceutical field in Vietnam.
The Government has recently finalised its long-anticipated considerations to amending Decree No. 108/2006/ND-CP which was promulgated almost six years ago in September 2006 in a bid to further clarify provisions under the Law on Investment.
On February 15, 2012, new regulations on insurance sector business activities came into effect under Decree No.123/2011/ND-CP (“Decree 123”) detailing the Law on Amendments to the Law on Insurance Business being effective from July 2011.
On January 1, 2009, the restrictions on foreign investment in retail distribution were lifted pursuant to Viet Nam's commitments to the World Trade Organization. In reality, however, there remain a number of obstacles to foreigners seeking to invest in this sector.
Derived from the renowned multi-volume International Encyclopaedia of Laws, this practical analysis of the law of business formations in Vietnam provides quick and easy guidance on a variety of corporate and partnership considerations such as mergers, rights and duties of interested parties, stock exchange rules, labour laws, and takeovers.
Compared to other countries, the Vietnamese tax authorities do not have extensive experience on dealing with transfer pricing.