Entrepreneurs regain optimism
Despite many gloomy forecasts for the economy in 2013, local entrepreneurs are no longer pessimistic and are well prepared to cope with any future storm, according to a survey of top companies in the country. For the first time since early 2011, optimistic businesspeople have outnumbered pessimistic ones, shows findings of a survey conducted by […]
SOEs restructuring to be accelerated
Restructuring State-owned enterprises (SOEs) with a focus on groups and corporations is a priority of the Vietnamese Government in 2013, with the hope of directing the capital flow on the right track and improving the sector’s performance. By the end of 2012, 75 groups and corporations completed their restructuring projects, 45 of which received approval […]
More incentives to PPP Investments
Investments under Public-Private Partnership (PPP) model will be extended to many areas with more participation of the State. This is the content of the amendment draft of the Decision No.71/2010/QD-TTG on the regulation of pilot PPP investment, being carried by the Ministry of Planning and Investment. Previously, under the Decision No.71/2010/QD-TTG, PPP investments were only […]
More power plants to plug into Vietnam market
An additional 16 power plants will join Vietnam’s competitive energy generation market this year, bringing the total number of such plants to 48.The country launched the market last July in a move to shift the State’s monopoly of power supply to a more competitive market system. As such, power plants with capacities reaching 30MW or […]
HR firm backs Vietnam’s potential
Careerbuilder, a leading human capital solutions provider headquartered in the US, announced its official entry into Vietnam on February 21.The company said that it see good development potential in the country despite the serious economic downturn. It has acquired HR Vietnam and Kiem Viec, two of four main sites belonging to Vietnam Online Network (VON), […]
Establishment of a foreign-owned company in painting service.
In our consulting experience, SB Law see many foreign investors coming to Vietnam service market. It is considered as the potential market to explore. The popular question of many foreign investors is the legal procedure to establish a foreign-owned company in painting service. Are the foreign investors able to run a business in this area […]
Establishment of a foreign-owned company in painting service.
In our consulting experience, SBLAW see many foreign investors coming to Vietnam service market. It is considered as the potential market to explore. The popular question of many foreign investors is the legal procedure to establish a foreign-owned company in painting service. Are the foreign investors able to run a business in this area in […]
Legal Updates 7
USING “COMPANY” AND “ENTERPRISE” FOR BUSINESS HOUSEHOLD’S NAMES IS PROHIBITED This is one of the contents regulated under the Circular No.01/2013/TT-BKHDT dated January 21, 2013 of the Ministry of Planning and Investment guiding the enterprise registration. Accordingly, business households may not use the word “company” and “enterprise” in their names. Names of business households are […]
Using "Company" and "Enterprise" for business household`s names is prohibited
This is one of the contents regulated under the Circular No.01/2013/TT-BKHDT dated January 21, 2013 of the Ministry of Planning and Investment guiding the enterprise registration. Accordingly, business households may not use the word “company” and “enterprise” in their names. Names of business households are in the alphabet used for naming business households as prescribed. […]