Crafting complete enterprise and investment laws

Crafting complete enterprise and investment laws

The Law on Investment (LoI) and the Law on Enterprises (LoE), both issued in 2020, are the essential legal references for foreign investment in Vietnam. Both have marked an important milestone in development of the Vietnamese legal framework on foreign direct investment (FDI), creating more favourable conditions for foreign investors when implementing investment projects in Vietnam.
Enterprise support around the corner

Enterprise support around the corner

With the coronavirus epidemic badly damaging business performance and undermining local production, Vietnam will officially launch a major support package to spur on businesses’ performance and ensure economic growth.  
Yuan devaluation: keep calm and carry on

Yuan devaluation: keep calm and carry on

In today's unstable world, enterprises should be calm and careful to increase their competitiveness.
2012: The year cloud computing took a bite out of IT

2012: The year cloud computing took a bite out of IT 1

When we started talking about cloud computing five years ago, it meant one thing: Services such as Amazon or Salesforce that customers could self-provision over the Internet and pay as they go.
Defining a complex FIE question

Defining a complex FIE question

The definition of a foreign-invested company generated enormous debate from regulators, lawyers and enterprises at a recent VIR-hosted forum. Huynh Dai Thang, partner of DFDL Vietnam Law Firm, presents his view on whether the definition should be re-defined.
Cutting into red tape to reform business outlook

Cutting into red tape to reform business outlook

The Ministry of Planning and Investment, Agency for Business Registration and the United Nations Industrial Development Organisation (UNIDO) are about to launch an online national business registration system at the end of this year as part of the business registration reform.
True being of FIEs blocking investment

True being of FIEs blocking investment

Opaque definitions of foreign-invested enterprises (FIEs) have entailed numerous repercussions for Vietnam’s current investment landscape, with pharmaceuticals maker Mekophar’s delisting being one recent case. In this context, industry managers and senior experts sat together in a recent VIR-hosted meeting to discuss the issue. Phan Vu Hoang, Tax Director, Deloitte Vietnam Tax Company Ltd. expands on the issues at hand.
Defining smooth roads for FDI inflows

Defining smooth roads for FDI inflows

While Vietnam is targeting to attract more foreign investment, opaque definitions of a foreign-invested company are causing big barriers for foreign investors to enter this market.
Huawei to mark ICT footprint in Vietnam

Huawei to mark ICT footprint in Vietnam

The reason we decided to launch this enterprise business in Vietnam is because it is well-known as an emerging market with high potential
DVD scandal a landmark case

DVD scandal a landmark case

Sensational news of Vien Dong Pharmaceutical’s (DVD) delisting following the court opening bankruptcy procedures against the firm in light of creditor ANZ’s petition, has set a bankruptcy precedent in Vietnam, writes Phan Hoai Hiep, head of investment management at the Ministry of Finance’s Asset and Debt Trading Company.
Code labours to strike right balance

Code labours to strike right balance

Proposed amendments to the Labour Code have been the source of hot debate between firms and state administrators. Co-Chair of the Vietnam Business Forum’s Manufacturing & Distribution Working Group Fred Burke argues it will be one of the most important laws Vietnam adopts this decade and will have a major say on the nation’s future prosperity.
Tough medicine for pharma firms

Tough medicine for pharma firms

Most listed Vietnamese firms would love to boast of a foreign component to their ownership structure, seeing it as a boost to their prestige.
The competitive edge

The competitive edge

Vu Ba Phu, deputy director general of Vietnam Competition Authority under the Ministry of Industry and Trade, discusses the practicalities of M&A activities in Vietnam.
NBRS to be a beacon of light for businesses

NBRS to be a beacon of light for businesses

A new version of the national business registration information system (NBRS) will help businesses significantly save time in dealing with administrative procedures, while easing the huge workload at local business registration departments.
Decree 102 implementing the Enterprise Law  Addressing investors’ heavyweight concerns

Decree 102 implementing the Enterprise Law Addressing investors’ heavyweight concerns

The regulatory framework for corporate capitalisation, mainly provided for in the Enterprise Law and its old implementing Decree 139, gave investors and shareholders flexibility in capitalisation matters.
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