Is an FDI enterprise required to obtain a business license when providing entrusted goods trading services?

1. Does entrusted goods trading constitute a commercial intermediary activity? Commercial intermediary activities are defined in Clause 11, Article 3 of the Law on Commerce 2005 as follows: Article 3. Interpretation of terms[…]11. Commercial intermediary activities are activities carried out by traders to conduct commercial transactions for one or more identified traders, including commercial representation, […]

Procedures for issuance of the Certificate of Registration for overseas study consultancy services

Pursuant to Article 117 of Decree No. 125/2024/ND-CP, the procedures for issuance of the Certificate of Registration for overseas study consultancy services are prescribed as follows: [1] Competent authority The Director of the Department of Education and Training shall decide on the issuance of the Certificate of Registration for overseas study consultancy services. [2] Application […]

PROCEDURES FOR ESTABLISHING A TWO-MEMBER LIMITED LIABILITY COMPANY BASED ON THE CONVERSION OF A HOUSEHOLD BUSINESS

1. Dossier and procedures for establishing a two-member limited liability company based on the conversion of a household business Where a household business wishes to convert its operations into the model of a two-member limited liability company, it must carry out the conversion procedures prescribed in Clause 1, Article 27 of Decree No. 168/2025/ND-CP, as […]

Are individuals leasing out assets required to register as household businesses?

Article 82 of Decree No. 168/2025/ND-CP provides for the right to establish a household business as follows: Article 82. Right to establish a household business…3. Households engaged in agricultural, forestry, or fishery production, salt-making, and individuals engaged in itinerant trading, petty trading, peddling, trading on a consignment basis, mobile business activities, seasonal business activities, or […]

Why Are Foreign Arbitral Awards Refused Recognition in Vietnam?

I. INTRODUCTION In the context of deep international economic integration, international commercial arbitration has increasingly become a preferred dispute resolution mechanism for businesses due to its flexibility, confidentiality, and cross-border enforceability. Vietnam is a signatory to the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (hereinafter referred to as the […]

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