In accordance with Clause 1, Article 7 of Decree No. 70/2014/ND-CP, a resident is defined as an organization authorized to conduct one-way remittances abroad for the purpose of funding, aid, or other purposes as stipulated by the State Bank of Vietnam. Consequently, the activities of purchasing, transferring, and carrying foreign currency abroad by resident organizations […]
Hợp pháp hóa lãnh sự là một bước quan trọng trong quá trình chứng nhận tính xác thực của giấy tờ, tài liệu khi sử dụng tại nước ngoài. Đây là thủ tục do cơ quan có thẩm quyền thực hiện nhằm xác nhận con dấu, chữ ký trên tài liệu được cấp tại một […]
In Vietnam, foreign companies or individuals conducting business or providing services within the country are subject to specific tax regulations. One of the key taxes they must comply with is the Foreigner Contractor Tax (FCT). This tax applies to foreign contractors and subcontractors working in Vietnam, covering both income earned within the country and the […]
In Vietnam, certain investment projects require approval from the National Assembly before they can proceed. This approval process is a critical step for large-scale or strategically important projects that could impact the country’s economy, environment, or social welfare. Understanding which projects need to obtain this approval is essential for both domestic and foreign investors to […]
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 […]
Foreign Direct Investment (FDI) in Vietnam has risen owing to the country’s robust economic growth and favourable business environment. However, navigating the legal landscape can be challenging for foreign investors. Overview of Vietnam’s FDI Legal Framework Vietnam’s legal framework for FDI is primarily governed by the Law on Investment and the Law on Enterprises. These […]