SB Law has just become the member of Asian Patent Attorneys Association (APAA)
Under the introduction of website www.apaaonline.org. The Asian Patent Attorneys Association ("APAA") is a non-governmental organisation dedicated to promoting and enhancing intellectual property protection in the Asian region (including Australia and New Zealand). Established in December 1969, membership of APAA is open to individuals practising the profession of patent attorney in the Asian region as […]
Finding the best legal forms to do business in Vietnam
In case the foreign investor would like to do business in Vietnam, we strongly recommend you two options below for your consideratio: 1. Establishment of a Representative Office: Under Decree No.72/2006/ND-CP dated July 25th, 2006 of Vietnam Government detailing Trade Law’s Regulations on Representative offices, branches of foreign company in Vietnam, foreign company possibly establish […]
Expanding business scope of wholly foreign invested company in Vietnam
To implement the plan of business expansion in Vietnam, foreign invested company (FIC) has to amend of its Investment Certificate in Vietnam authority. Under Vietnam Law on Investment, in order to obtain License for expansion of business scope, foreign investor must also considered following factors: - Business operation results from the most recent year must […]
Core Elements for establishing a Foreign Invested Company in Vietnam
The establishment of the new company requires an Investment Certificate from the licensing authority. We would like to clarify that the procedure for establishment of a foreign invested company in Vietnam generally takes a rather long time in comparison with other countries in the region. Our practical experiences show that although the total time for […]
Investment Capital for formation of foreign company in Vietnam
Generally, there is no requirement for minimum investment capital for incorporating a company in Vietnam, except for the conditional investment sectors or business lines. Nevertheless, for smooth process of Investment Certificate, it is advisable that foreign investorexhibits enough capital resources to successfully realize the business goals that would be set out in the Investment Certificate. […]
The legal framework of foreign Investment in Vietnam
The legal framework of Vietnam is largely favorable to both foreign and local investors after Vietnam’s accession to the World Trade Organization (WTO) on 11th January 2007. Both the Investment Law and the Law on Enterprises create a more favorable and clearer legal framework for doing business in Vietnam. The legal framework of Vietnam is […]
More than 80 of the population will enjoy health insurance by 2020
This is one of the target of the Strategy on development of Vietnam’s social insurance sector through 2020 approved by the Government in Decision No. 1215/QD-TTg of July 23, 2013. Accordingly, social insurance and health insurance are two important social policies and the main pillar of the social security system that must be gradually expanded […]
To change the duration of continuous training in health sector
On August 9, 2013, the Ministry of Health issued Circular No. 22/2013/TT-BYT on guiding on continuous training in health sector. Accordingly, the remarkable regulation details the duration of continuous training for medical officers. Specifically, the medical officers, who have been granted certificate of practice and are practicing in medical examination and treatment, have obligation to […]
To prolong the loaning duration of export credit up to maximum 36 months for coffee
This content is regulated in Decree 133/2013/ND-CP dated October 17, 2013 of the Government on amending and supplementing the Decree No. 54/2013/ND-CP DATED MAY 22, 2013 and on supplementing the Government’s Decree No. 75/2011/ND-CP dated August 30, 2013 on State’s investment credit and export credit. In this Decree, the Government decided to prolong the maximum […]