According to which document can foreign investors sep up distribution enterprises? Please provide guideline son the conditions for investing in this field?
Foreign investors from countries and territories participating in international treaties to which Vietnam is a member wishing to set up enterprises in the field distribution in Vietnam must base on the committed roadmap in accordance with 2005 Investment Law, Decree 108/2006/ND-CP, documents referred to in Q12 above and relevant document. The establishment by foreign investors […]
Which documents should be looked into to learn about sectors/lines, fields in which investment is conditional under Vietnam’s commitment following WTO’s accession which respect to the foreign-invested sector?
Sectors/lines, field in which investment is conditional are stipulated under current "specialized" decree that over 200 paper/documents that the enterprise needs to obtain before it can commerce business/production activities; At the moment, the determination of sectors/lines in which business is conditional for the purpose of issuance of business registration certificates shall be in accordance with […]
Where there are different restrictions in multi and bi-lateral commitments on foreign investors in the same sector, then which one shall apply when an investor makes investment?
Vietnam's commitments under the Bilateral Agreement on Investment Incentives and Protection, BTA, Agreement on Investment Freedom, Incentives and Protection between Vietnam and Japanese; Vietnam's WTO commitments and other multi-lateral commitments currently valid. In order to secure compliance with such bilateral and multi-lateral commitments of Vietnam, where there is different provision on the same issue according […]
Where the investment conditions stipulated under domestic legal documents are more open then those under international commitments, can investments, can investors enjoy the domestic provisions?
Under decree 108/2006/ND-CP dated 22/9/2006, Clause 2 Article 3 stipulated that: "Where Vietnamese laws are issued after Vietnam's membership to International Treaties provide for more favourable treatments as compared to such International treaties, investors shall have the right to select whether to apply International Treaties or Vietnamese Law" Accordingly, if Vietnamese Law offers better than […]
Assignment of trademark application in Vietnam
Applicant may sign assignment of pending trademark application in Vietnam. After assigning trademark application, applicant shall not have any right to the application. SBLAW would like to introduce some information on documents and procedures of assigning trademark application in Vietnam as hereafter:
Is construction of training facilities of a school (already sep up) a development of education and training case? Is it subject to the procedures of inspection for issuance of a Investment certificate?
Article 29, investment Law on fields in which investment is conditional, point h) stipulates protects in education and training cause development. According to Investment Law, investment projects in fields in which investment is conditional must be subject to inspection. Where an investment project is for business purpose under the Investment Law, the under the Investment […]
Previously, foreign investment cooperation in the field of education, training and scientific research complied with Decree 06/2000/ND-CP date 06/03/2000. This is Decree implemented Foreign Investment Law in Vietnam. Now as the Foreign Investment Law is i
Foreign investment cooperation in the education field is currently subject to Vietnam's WTO commitments. Accordingly, in education, Vietnam only commits to open the education market in such lines as technique, natural science and technology, business management and business science, economics, accounting, international and language training. Accordingly, foreign investors are permitted to provide services higher education […]
New tax policy for Vietnamese enterprise
On 07 January 2013, the Government issued Resolution No. 02/NQ-CP introducing various measures to solve the corporate and business difficulties. Accordingly, Enterprises which registered the VAT under the credit method are entitled to postpone the payment of VAT for January, February and March 2013 for a period of 06 months. Eligible Enterprises shall include: Small and medium […]
For fields and sectors in which business licenses are required, must investors obtain business licenses before or after the issuance of the Investment Certificate?
Business licenses are approvals from the competent State agencies to the enterprise or economic organizations before their commencement of business activities in specific fields; provisions on business licenses (including provisions on whether having to obtain the Business licenses before or after the issuance of the investment certificate) are in accordance with specialized legislations; The regulations on […]