FOREIGN LOANS AND REGISTRATION WITH THE STATE BANK OF VIETNAM: A COMPLIANCE GUIDE FOR FIES

1. Introduction Foreign borrowing is a vital channel for Foreign-Invested Enterprises (FIEs) in Vietnam to finance operations, project expansion, and machinery imports. However, cross-border capital flows are strictly regulated under Vietnam’s foreign exchange management regime. Strict compliance with registration and reporting requirements is mandatory. Failure to register medium and long-term loans with the State Bank […]

Licensing for E-Commerce Activities by Foreign-Invested Enterprises (FIEs) in Vietnam

Introduction E-commerce has become one of Vietnam’s fastest-growing sectors, attracting significant foreign investment. However, foreign-invested enterprises (FIEs) engaging in online business must navigate a complex licensing regime. Compliance with the Law on E-Transactions 2005 (amended 2023), the Law on Investment 2020, the Law on Cybersecurity 2018, and decrees such as Decree No. 52/2013/ND-CP on E-Commerce […]

Anti-Dumping Duties on Foreign Enterprises in Vietnam

Anti-dumping (AD) duties are trade remedies designed to protect domestic industries from unfairly priced imports. For foreign enterprises exporting goods to Vietnam, understanding Vietnam’s anti-dumping regime is crucial to avoid unexpected costs and disputes. Vietnam’s legal framework is mainly based on the Law on Foreign Trade Management 2017, its guiding decrees (e.g., Decree No. 86/2025/ND-CP, […]

Conversion of Representative Offices into Foreign-Invested Enterprises in Vietnam

Foreign investors commonly establish Representative Offices (ROs) in Vietnam as an initial step to explore the market, conduct research, and promote business cooperation. Since ROs are not permitted to engage in profit-making or commercial activities, many investors eventually seek to convert their ROs into Foreign-Invested Enterprises (FIEs) once they decide to formally enter the Vietnamese […]

Consumer Protection Obligations for Foreign Enterprises in Vietnam

As Vietnam’s digital economy expands rapidly, foreign enterprises — especially those operating through online platforms — play an increasingly important role in supplying goods and services to Vietnamese consumers. However, this also places them under the scope of Vietnam’s consumer protection regulations, which have recently undergone significant reform to address the challenges of cross-border transactions […]

Comparison between Foreign-Owned and Domestic Enterprises in Corporate Governance in Vietnam

Corporate governance is a cornerstone of sustainable business performance. In Vietnam, governance standards are shaped by the Law on Enterprises 2020, the Securities Law 2019, and related decrees, but their application can differ between foreign-owned enterprises (FOEs) and domestically owned enterprises (DOEs). Understanding these similarities and distinctions is important for investors, managers, and policy-makers. 1. […]

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