In the course of project implementation, investors may need to change implementation partners such as contractors, consultants, or project management units due to operational, technical, or commercial reasons. However, Vietnamese law does not provide specific provisions directly governing the right or conditions for changing project implementation partners. Instead, such changes must be assessed based on […]
A Business Cooperation Contract (BCC) is a flexible investment instrument widely used in Vietnam, allowing parties to cooperate in business activities and share profits or products without establishing a new legal entity. In practice, parties may seek to restructure their economic interests during the performance of the contract, including the assignment of contractual benefits to […]
In the context of the modern food industry, food processing (manufacturing) contracts play an increasingly important role in enabling enterprises and individuals to outsource production while ensuring compliance with quality, safety, and legal standards. These contracts serve not only as commercial arrangements but also as key legal instruments governing rights, obligations, and liability throughout the […]
1. What is a Foreign-Invested Economic Organization? Pursuant to Clause 22, Article 3 of the Law on Investment 2020, a foreign-invested economic organization means an economic organization having a foreign investor as a member or shareholder. Furthermore, the definition of a foreign-invested economic organization remains unchanged under Clause 22, Article 3 of the Law on […]
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. Is the owner of a single-member limited liability company legally entitled to transfer all or part of its charter capital to another limited liability company? Pursuant to Articles 76 and 77 of the Law on Enterprises 2020 regarding the transfer of charter capital of a single-member limited liability company: Article 76. Rights of the […]