In the context of global integration, Vietnam is increasingly expanding international trade, not only attracting foreign investment but also promoting outbound investment activities. Commercial legal entities play a crucial role in this process, fostering economic development and driving growth. However, rapid expansion also entails numerous potential risks. Let’s explore this topic further in the article […]
Tax evasion is no longer an unfamiliar concept to many people today, as it is an extremely pressing issue that the state is focusing on preventing. Due to the increasingly sophisticated nature and extent of this crime, state agencies have issued strict sanctions to prevent and punish such violations. The legal consequences of tax evasion […]
In today’s globalized economy, resolving disputes through foreign arbitration is a widely adopted practice by many countries, including Vietnam. Recognizing and enforcing foreign arbitral awards play a critical role in fostering a stable, safe, and fair business environment. Vietnam’s legal framework, outlined in the 2015 Civil Procedure Code, supports the resolution of cross-border commercial disputes […]
The 2020 Investment Law in Vietnam outlines a range of support measures aimed at encouraging investment and boosting economic development. These include various forms of financial, technical, and infrastructural support for specific industries, as well as special incentives for projects with significant socio-economic impact. 1. Forms of investment support Pursuant to Clause 1, Article 18 […]
Investment incentives in Vietnam are designed to encourage investment in sectors and regions that align with the country’s development priorities. These incentives, ranging from tax reductions to exemptions on land use, aim to drive economic restructuring and support growth in key industries like high-tech, agriculture, and environmental protection. This article outlines the forms, eligible sectors, […]
A sole proprietorship is a business model where one individual owns and fully controls the operations, assuming complete responsibility for its debts and activities. This type of business is governed by the 2020 Enterprise Law in Vietnam, which outlines its unique characteristics, such as unlimited liability and non-separation of business and personal assets. 1. What […]