1. What is Revenue? According to Official Letter No. 533/GLA-NVDTPC (2026), revenue is defined as follows: Revenue means the total proceeds from the sale of goods, processing activities, and provision of services, including bonuses, financial support, subsidies, surcharges, additional charges, extra fees, compensation, and other revenues related to business activities that a business household is […]
1. What are Documents Evidencing the Legal Status of the Investor? Documents evidencing the legal status of the investor mean certified true copies of personal identification documents or documents certifying the establishment and operation of an economic organization. 2. What do Documents Evidencing the Legal Status of the Investor include? Pursuant to Clause 15, Article […]
According to Article 20 of the 2019 Labor Code, employment contracts must be entered into in one of the following forms: Provisions Regarding Contract Extension: Conditions for Extending a Contract: To validly extend an employment contract, the following conditions must be met: Employer’s Responsibilities Under Article 20 of the 2019 Labor Code, if an employer […]
(Contract Negotiation and Financial Obligations Phase) Having mastered the market entry procedures, the enterprise enters the pivotal phase: Negotiating the Franchise Agreement and managing cash flow. This lesson analyzes the three legal pillars that directly affect the rights and financial health of the business: Information Transparency, IP Assets, and Foreign Contractor Tax. 1. The “15-Day” […]
(For Franchising from Abroad into Vietnam) To successfully introduce an international brand into Vietnam, an enterprise must master the current rules. This article systemizes the updated legal regulations, specifically highlighting the changes between old and new documents to prevent errors during the dossier preparation process. 1. Current Legal Document System (Updated 2025) Currently, Decree 35/2006/ND-CP […]
The rapid development of information technology and digital platforms such as Facebook, TikTok, Shopee, and Lazada has created a completely new business environment — e-commerce and social media business. According to the Ministry of Industry and Trade, Vietnam currently has tens of millions of social media users, among whom millions of individuals are conducting online […]