When disputes arise, the parties involved may choose to resolve them through negotiation, mediation, litigation, or arbitration. Arbitration is a common alternative to litigation in commercial disputes as it is often faster, more efficient, and more confidential than court proceedings. In Vietnam, arbitration agreements in the resolution of commercial disputes are governed by the Law […]
Currently, there is no fixed minimum capital requirement for most businesses entering the Vietnamese market, providing a wide range of opportunities for new entrepreneurs. According to the Enterprise Law, charter capital must be fully paid within 90 days of receiving the business registration certificate. Differences in Minimum Capital Requirement by IndustryThe required capital varies depending […]
The procedure for temporarily suspending a company’s business is when a business temporarily suspends its business activities for a period of time and is carried out at the Department of Planning and Investment. During the temporary suspension of business, what can and cannot a business do? Please refer to the article below for the answer. […]
The dissolution of enterprises in Vietnam refers to the legal process by which a business entity officially ceases operations and is removed from the registry of businesses maintained by the Vietnamese government. The process is governed by the Law on Enterprises 2020 (effective from January 1, 2021), along with related regulations, and involves specific steps […]
Digital signatures, both electronic and certificate-based, are widely used in Vietnam, where most Vietnamese businesses use them internally. As long as certain conditions are met, Vietnamese law acknowledges digital and electronic signatures as being as admissible and enforceable as “wet signatures.” Digital signatures typically have a higher degree of enforceability and acceptability than special-use electronic […]
Nowadays, there are a lot more foreign workers (employees) remaining in Vietnam. This problem not only helps our nation’s economy grow, but it also draws in foreign business to Vietnam. In order to make managing foreigners and their stay in Vietnam easier, they must be granted Temporary Residence Cards in accordance with the Law on […]