Vietnam has emerged as a highly attractive destination for foreign investors due to its stable political environment, abundant workforce, promising market potential, competitive costs, strategic geographical location, and its deepening integration into the global economy. The Free Trade Agreements (FTAs) signed by Vietnam, particularly the Vietnam-EU Free Trade Agreement (EVFTA), have significantly enhanced the attractiveness […]
1. Reasons for Termination of Foreign Investment Projects in Vietnam Cases Where Investors Decide to Terminate Their Projects According to Clause 1, Article 48 of the Law on Investment 2020, investors may terminate their investment projects in the following cases: The investor decides to terminate the project. The termination conditions specified in the contract or […]
Working during the Tet Holiday in 2025 comes with special wage provisions under Vietnamese labor law, ensuring fair compensation for employees during this significant national holiday. Follow this topic through TLA’s article below: 1. How Much Will Employees Be Paid If They Work During the New Year’s Holiday 2025? 1.1. Wages for Working During the […]
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. […]